Latest news in Industry News

New philanthropy designation available for Advocis members

The association has partnered with Knowledge Bureau to offer members the MFA-P designation

  • By: IE Staff
  • September 3, 2020 September 3, 2020
  • 14:08
Skyline of the financial district

KYC and KYP led banks to push in-house products more, exec says

Former CI president supports proposal to open up bank shelves to independent products

FP Canada and IQPF update document of financial planning standards

The "Canadian Financial Planning Definitions, Standards and Competencies" has a new look

DealSquare partners with DealMaker

The private placement platform is opening up to international investors

  • By: IE Staff
  • September 2, 2020 September 2, 2020
  • 12:21
Business partnership meeting. Picture businessmans handshake. Successful businessmen handshaking after good deal. Horizontal, blurred (Business partnership meeting. Picture businessmans handshake. Successful businessmen handshaking after good deal. Ho

TD extends partnership with behavioural economics centre

The firm partnered with the University of Toronto's Behavioural Economics in Action at Rotman in 2018

  • By: IE Staff
  • September 2, 2020 September 2, 2020
  • 10:55
woman with laptop

Statistics Canada preps new online inflation tool to better detail price impacts

The tool will allow users to input their own spending patterns to generate a unique consumer price index

New platform allows users to invest in consumer credit

A fintech start-up has launched a peer-to-peer lending platform

FP Canada beefs up disciplinary rules and procedures

The credentialing body will now publish statements of allegations and decisions from disciplinary hearings online

  • By: IE Staff
  • September 1, 2020 September 1, 2020
  • 13:20
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MX renews proprietary trading incentive program

Initiative will run for three years

Man and woman sitting in cafeteria discussing finance for the month. Stressed couple looking at bills sitting in restaurant wearing uniform apron. Cafe staff sitting together looking at expenses and bills. (Man and woman sitting in cafeteria discussi

Business rent aid to fall short of budget: PBO

Government to extend Canada Emergency Business Account program

Banking regulator phasing out pandemic-related rules on mortgage deferrals

Most applications for mortgage deferrals were approved in March and April

OSFI lifts freeze on DB pension plan transfers 

Transfers delayed due to freeze must now be processed, with interest 

Ontario consults on estate law reform

Province considering whether to allow virtual document signing permanently and whether marriage should still revoke a will

Two-year streak without compensation refusal ends for OBSI

An Alberta firm refused to compensate a harmed investor

  • By: IE Staff
  • August 28, 2020 August 28, 2020
  • 14:03
House placed on coins Men's hand is planning savings money of coins to buy a home concept concept for property ladder, mortgage and real estate investment. for saving or investment for a house,

CMHC readies for housing market risks in wake of COVID-19 downturn

Economic shock of pandemic not yet fully reflected in housing market data

Canadian Parliament Building at Dusk

Federal deficit through June hits $120 billion, Finance Department says

Major financial transfers to individuals were up 193% compared to last year

CWB Financial Group Q3 profit beats expectations

Company bests expectations but profit is still down

U.S. consumer spending rose a moderate 1.9% in July

July gain marked third monthly increase in consumer spending

Sorry we are closed sign board hanging on a door of cafe

Canadian economy posted record drop in Q2 due to pandemic

Real GDP contracted at an annualized rate of 38.7%

black lives matter peaceful protest

Expert panel aims to help companies tackle social issues

Businesses must look beyond profits and shareholder value, says the CEO of the CCPC

  • By: IE Staff
  • August 27, 2020 August 27, 2020
  • 16:29

CRA seeks more info on T4 slips as part of audit efforts

Agency looks to validate CERB, CEWS, CESB payments via employer data

Central banks must gain public trust, says BoC’s Macklem

BoC governor Macklem urged central bankers to up public communication in a Friday speech

TD reports $2.25B in profit, exceeds Q3 expectations

The bank earned $2.25 billion in the quarter, down from a profit of $3.25 billion a year earlier

Failure, Stock Market Crash, Bear Market, Crisis

CIBC earnings tumbled in Q3

The bank earned $1.17 billion in its third quarter, down from nearly $1.4 billion a year earlier

Help your business-owner client boost cash flow

Businesses expect soft sales over the next year