Great-West Lifeco, IA Financial report Q1 results
Amid the pandemic, earnings decrease but sales persevere
- By: IE staff, with files from Canadian Press
- May 7, 2020 May 7, 2020
- 13:26
Amid the pandemic, earnings decrease but sales persevere
Firm has adapted to the pandemic, says CEO Kurt MacAlpine
Richardson GMP suggests April's gains may not last
The federal support is expected to lower rent by 75%
Video game makers and consumer staples have gained ground
Mental health concerns associated with job security fears
Canada Life, Sun Life and Manulife announce reductions
Oil and gas, and startups are among those to get help
Reductions will help more than 26,000 business customers, insurer says
The organization predicts worldwide trade will plummet 11% this year and then grow 8.4% in 2021
A partial recovery in 2021 is possible if the pandemic fades in the year's second half
"Everyone will come out of this feeling a little less wealthy," Dodig says
Regulators' reviews uncovered issues with both ESG disclosure and financial reporting