Latest news in Industry News

Sun Life launches app for advisors

The tool speeds up the insurance application process by a full week

  • By: IE Staff
  • July 21, 2020 July 21, 2020
  • 10:36

Stimulus package breaks new ground in European unity

Economists say the stimulus figure is weighty enough to impress international investors

Mortgage defaults after Covid-19 could look different than 2008, says economist

House prices are recovering and keeping homeowners from filing for insolvency

Financial firms sign pledge committing to end anti-Black systemic racism

At a summit on Monday, leaders outlined the work ahead

Bank of Canada launching new securities repo program

Central bank will make up to half its government securities holdings available

Rousseau re-appointed as IIAC chair

RBC's David Lang is vice chair

  • July 20, 2020 July 20, 2020
  • 13:52

Breaking down changes to the federal wage subsidy

CEWS will be available longer and to more employers

Feds expand eligibility to $600 benefit for Canadians with disabilities

CPP disability benefit recipients to receive help with costs from Covid-19 pandemic

New web-based tool helps centralize estate documents

The newly launched Check-Out for Business service helps clients upload and organize personal documents

Nest Wealth Pro offers Forstrong portfolios

Forstrong manages global ETF portfolios

  • By: IE Staff
  • July 20, 2020 July 20, 2020
  • 10:49

Liberals ease eligibility for Covid-19 wage subsidy

The budget for the program is now $82.3 billion

BlackRock beats Q2 earnings expectations

Fixed income products helped drive quarterly net inflows

U.S. Fed to expand lending beyond mid-sized businesses

Groups like hospitals and educational institutions will be included

Quebec lifts suspension on limitation periods

Clock on civil and criminal cases to start running again on Sept. 1

China becomes first economy to grow since virus pandemic

Economy grew by 3.2% last quarter

Skyline of the financial district

What are financial firms doing to fight systemic racism?

We asked 20 banks, asset managers, insurers and advisory firms how they are addressing anti-Black racism

US retail sales jump 7.5% in June, but economy still ails

Retail gains in recent months may be short-lived

Supporting racial justice through ESG investing

A lack of data is a barrier, but experts say now is the time to push for disclosure

Bank of Canada holds rate, forecasts decline in GDP of 7.8% this year

The central bank's outlook assumes no second wave of Covid-19

Goldman Sachs posts 41% rise in Q2 revenue

The investment bank's trading desks drove the increase

In the wake of Covid-19, time to consider basic income: Senate report

Report calls for reforming emergency supports, restoring oversight

ATB aims to boost investment in Alberta-based companies

The Edmonton-based bank has launched a new capital markets team

  • By: IE Staff
  • July 14, 2020 July 14, 2020
  • 13:21

Addressing systemic racism in wealth management

Black professionals say it's time for a real conversation and a shift in power dynamics

Wealthsimple to launch crypto trading platform

Users of Wealthsimple Crypto will be able to trade Bitcoin and Ethereum

  • By: IE Staff
  • July 14, 2020 July 14, 2020
  • 11:28

Oilpatch optimism expected to rise as difficult second quarter finally ends

But optimism could be offset by fear if there’s a major second wave of Covid-19