Also, GWL subsidiary Canada Life describes its new distribution platform for advisors
The firm reported a $23-million profit in first quarter
The firm saw record gross sales of seg funds and mutual funds in the quarter
The company's earnings benefited from higher new business in Asia and the U.S. and core investment gains
The insurer attributed its gain to favourable equity markets and interest rate changes
Canada's oilpatch has seen a "recovery from the depths of hell to not quite heaven," an analyst says
Net income rose by 23.2% on average among the companies in the Profit Survey
Both banks released billions from their loan-loss reserves
The release of loan-loss provisions helped boost earnings
Trading revenues helped drive results