Latest news in Industry News

Solar farm on a rural hillside

‘Natural capital’ debuts as an asset class

HSBC GAM has partnered with Pollination Group to launch a new asset manager

  • By: IE Staff
  • August 26, 2020 August 26, 2020
  • 14:17

National Bank reports $602M in Q3 profit, tops expectations

The bank slowed down on provisions for credit losses as payment deferral requests dropped

RBC reports $3.2B profit in Q3, beats expectations

The fall season will be a "challenging" time for the economy, the CEO says

Pandemic widens gap between perceived, measured inflation, Schembri says

People are spending less on cheaper gasoline, more on pricier food

Insurers issue debt and preferred shares in record numbers: DBRS

The companies have capitalized on tighter corporate spreads and strong financials

  • By: IE Staff
  • August 25, 2020 August 25, 2020
  • 14:19

U.S. bank profits slump 70% as virus rakes businesses, households

Most of the decline is tied directly to the pandemic

Ontario’s credit rating remains stable despite Covid-19 pandemic: FAO

But positive ratings are contingent on the province’s post-pandemic plan

BMO Financial Group reports $1.23B Q3 profit, tops analysts’ expectations

Net income for the bank’s wealth management business increased 37% year over year

Scotiabank reports $1.3B Q3 profit, provisions for credit losses climb

Strong results in global banking, wealth management offset hit to retail banking

Bank of Canada looks for broader input in updating inflation target framework

Spending patterns have changed dramatically during the pandemic

Bank earnings preview: Focus remains on bad loan provisions in Q3

Analysts remain cautious, but there may be room for positive surprises

TD reaches U.S. settlement over alleged overdraft practices

The bank reached a US$122-million settlement with the U.S. Consumer Financial Protection Bureau

MFDA permanently bans rep who borrowed from client

The former advisor claimed the $16,000 he received from the client was a gift

  • By: IE Staff
  • August 20, 2020 August 20, 2020
  • 16:01

A guide to the new EI and the government’s three new benefits for workers

An overview of how the new programs will work

Liberals to replace CERB with new benefit, introduce simplified EI program

The government has announced CERB will be extended four more weeks

Scotiabank to pay US$127.4M to settle spoofing and manipulation case

Between 2008 and 2016, the bank's traders manipulated prices, the CFTC says

CFA Institute proposes standards for ESG disclosure

The proposal aims to help investors examine products' objectives

Calmer oil markets a boon to Horizons leveraged ETFs

The underlying index of two leveraged crude oil ETFs will remain exposed to the November futures contract

  • By: IE Staff
  • August 19, 2020 September 1, 2020
  • 13:20
Special Report on Taxes, November 2019

Where is tax and fiscal policy headed under Freeland?

Industry experts weigh in on the federal government's new finance minister

Financial stock exchange market display screen board on the street

Fiera explains error in reported NAV of two funds

The firm said it has taken steps to correct the problem

  • By: IE Staff
  • August 18, 2020 August 18, 2020
  • 11:39

IIROC launches consultation on competency requirements for reps

Comments on proposed requirements for registered representatives and investment representatives are due in November

  • By: IE Staff
  • August 18, 2020 August 18, 2020
  • 11:22

Guardian Capital acquires majority stake in U.S. asset manager, launches ETF suite

Five new actively managed ETFs are available in hedged and unhedged units

  • By: IE Staff
  • August 17, 2020 August 17, 2020
  • 12:28

TMX Group names John McKenzie as new chief executive

Former CEO Lou Eccleston stepped down in January

Canada Revenue Agency suspends online services after cyberattacks

The agency expects online services will be back Wednesday

IIAC calls for EI reform, retraining

Trade group lays out priorities for next federal budget