U.K. inflation dips slightly in August to 9.9%
Fuel costs up 32% year over year
- By: Danica Kirka, The Associated Press
- September 14, 2022 September 14, 2022
- 11:26
Top Stories in Uncategorized
Industry News
TD Bank prepares for economic downturn as profit falls in Q3
The bank set aside $351 million in the quarter for potential loan losses
- By: Ian Bickis, The Canadian Press, IE Staff
- August 25, 2022 August 25, 2022
- 13:44
RBC reports Q3 profit down from year ago as it prepares for potential recession ahead
Wealth management operations earned $777 million in Q3, up year-over-year from $744 million
- By: Ian Bickis, The Canadian Press
- August 24, 2022 August 24, 2022
- 10:54
Industry News
CI posts decline in revenue in volatile Q2
Total assets down 7.6% from previous quarter, but up 12.2% year over year
- By: Rudy Mezzetta
- August 11, 2022 August 11, 2022
- 15:32
Research and Markets
Mutual fund, ETF sales turned negative in June: IFIC
Mutual funds saw $3.5 billion in net redemptions for the first half of 2022, but ETFs are still positive
- By: James Langton
- July 26, 2022 July 26, 2022
- 13:46
Canadians receiving an average of $2,053 in tax refunds, CRA says
The agency has processed 29.1 million tax returns so far this year
- By: Rudy Mezzetta
- July 26, 2022 July 26, 2022
- 13:34
From the Regulators
Ex U.S. congressman among nine charged in insider trading cases
One defendant allegedly learned about Merck’s Pandion acquisition; another allegedly learned about the T-Mobile-Sprint merger
- By: Larry Neumeister, The Associated Press
- July 25, 2022 July 25, 2022
- 15:20
Industry News
Rising bond yields boost pension solvency even as assets drop
The median solvency ratio among DB plans increased to 109% in Q2, Mercer says
- By: IE Staff
- July 4, 2022 July 4, 2022
- 11:18
Industry News
Retail sales essentially unchanged in March: StatCan
New car sales dropped 5.9% but Canadians spent more on building materials and garden supplies
- By: The Canadian Press
- May 26, 2022 May 26, 2022
- 14:44
Ontario proposes new tax credit for seniors
Tories also propose enhancing existing tax credit for low-income earners
- By: Rudy Mezzetta
- April 28, 2022 April 28, 2022
- 16:07
Life insurers ‘surprised and disappointed’ with Budget 2022 provision
A Budget 2022 proposal means life insurers could have to pay tax up front on profit earned on 20-year policies, says CLHIA
- By: Greg Meckbach
- April 11, 2022 April 11, 2022
- 16:41
The Liberals plan to review tax treatment of REITs. Will this help renters?
Targeting REITs and other large owners of residential real estate such as life companies and pension plans might disincentivize investment, one expert says
- By: Rudy Mezzetta
- March 30, 2022 March 31, 2022
- 16:37
Why Canadian income rose during Covid
New StatsCan data shows government transfers to people doubled in 2020 to an average of $16,400
- By: Greg Meckbach
- March 23, 2022 March 23, 2022
- 12:04