Latest news in Industry News

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Annuities lead year-over-year premium growth in 2019

Annual stats from CLHIA show a growing health and life insurance industry

Feds freeze EI premiums in response to pandemic

Employer and employee rates to remain unchanged for next two years

  • By: Mark Burgess
  • September 15, 2020 September 15, 2020
  • 11:20
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Some workers, sectors more affected by Covid-19 than others: BoC

An uneven rebound poses risk for the entire economy, the central bank's governor says

responsible investments fossil fuels oil and gas energy sector

Regulators, organizations look to fill ESG standards void

Regulation of sustainable investments hasn’t kept pace with investor appetite

Trudeau announces cash for loans, support to Black Canadian entrepreneurs

The $221-million program is jointly funded by the feds and eight financial institutions

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Bank CEOs adapt to new consumer habits during Covid-19

Big banks show discipline with their spending

Industry calls for safe harbour protections to accompany vulnerable client rules

Comment letters to the CSA proposal lay out risks to the client-advisor relationship

Failed Richardson GMP deal would leave advisors open to poaching, says GMP Capital

GMP outlines benefits of the deal in a letter amid minority shareholder opposition

Omega Securities rebrands as Tradelogiq Markets

The new name reflects the company's change in ownership, management and technology

  • By: IE Staff
  • September 9, 2020 September 9, 2020
  • 11:48

FSRA consults on standards for residential mortgage lending

The principles-based guidance will be flexible, the Ontario regulator says

  • By: IE Staff
  • September 9, 2020 September 9, 2020
  • 11:29

BoC holds key interest rate target, warns of choppy recovery

The rate will remain at 0.25% until inflation is back on target, the central bank says

Liberals extend commercial rent relief program for last time

Business groups say the government hasn’t addressed known flaws in the program

Where’s the gender diversity on smaller boards?

Efforts to improve gender diversity on boards still have a long way to go

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IIAC reports industry revenues increased in June

The month saw a surge in equity underwriting revenues

  • By: IE Staff
  • September 8, 2020 September 8, 2020
  • 14:17

Debt issuance skyrocketed in Q2: StatsCan

The federal government issued $302.3 billion in debt securities

Skyline of the financial district

Report says banks can weather Covid-19 storm

DBRS Morningstar notes that Canadian banks entered the downturn from a position of strength

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Great West subsidiary buys MassMutual retirement services business in $4.4B deal

The deal follows Empower's recent acquisition of U.S. investment manager Personal Capital

Is this ESG’s big break?

The Covid-19 market crash gave ESG funds an opportunity to prove their mettle

Former GMP exec comes out against Richardson deal

Kevin Sullivan is proposing new directors and new transaction terms

Laurentian beats Q3 profit expectations

The bank reported third-quarter profit of $36.2 million

Asset management firm opposes GMP Capital transaction

Anson Funds said it intends to vote against GMP Capital's deal with Richardson Financial Group

CRA audit incentives lead to poor taxpayer outcomes, study suggests

Authors caution feds against increasing CRA audit activity to tackle deficits

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Schulich course to teach lessons from Covid-19

The business school is offering an interdisciplinary course on leadership lessons from the pandemic

Swiss region to take cryptocurrency for tax payments in 2021

Residents of Switzerland's Zug canton will be allowed to pay taxes using Bitcoin and Ether

burger fries and a cola

Yes, I’ll have fries with that: CRA increases rate for meal claims

An overtime meal can now cost $23 without being taxable

  • By: IE Staff
  • September 3, 2020 September 3, 2020
  • 14:40