Beneficiary designations affirmed in Ontario court decision
The decision in Mak (Estate) v Mak differs from the controversial Calmusky ruling
- By: Melissa Shin
- June 29, 2021 June 29, 2021
- 13:26
Latest news in Industry News
Why younger Canadians are choosing to save on investment fees
DIY plus fee-only planning was the choice for one millennial
- By: Leah Golob, The Canadian Press
- June 29, 2021 June 29, 2021
- 11:45
Foundation Wealth opens Calgary office
Rod Walsh and Matthew McDowell are joining the independent firm
- By: IE Staff
- June 29, 2021 June 29, 2021
- 10:59
CI to acquire U.S. wealth manager Radnor
The deal is the latest in a string of purchases that will bring the firm's U.S. assets to US$68 billion
- By: IE Staff
- June 28, 2021 June 28, 2021
- 12:29
IG Wealth changing fund names, fees, risk ratings
Several changes take effect Monday
- By: IE Staff
- June 28, 2021 June 28, 2021
- 10:37
CRA announces prescribed interest rates for Q3
The prescribed rate on loans to family members remains set at 1%
- By: IE Staff
- June 25, 2021 June 25, 2021
- 15:16
RBC Direct Investing launches trading dashboard
Younger Canadians flocking to online investing represents a "generational shift," says RBC DI president and CEO
- By: Rudy Mezzetta
- June 25, 2021 June 25, 2021
- 14:33
Peter Szeto joins Harbourfront Wealth Management
Szeto has moved his practice over from BMO Nesbitt Burns, where his team managed a $370-million book
- By: IE Staff
- June 25, 2021 June 25, 2021
- 10:09
Big U.S. banks pass latest Fed stress tests
The banks can resume paying out dividends to investors and buying back stock
- By: Ken Sweet, The Associated Press
- June 25, 2021 June 25, 2021
- 09:32
FP Canada makes changes to board of directors
Martin Dupras, president of ConFor Financiers, has been named chairman
- By: IE Staff
- June 24, 2021 June 24, 2021
- 16:17
CI GAM to rename investment funds
The move will officially retire CI’s legacy boutique investment brands
- By: IE Staff
- June 24, 2021 June 24, 2021
- 15:04
Vancity shares data on financed GHG emissions
Commercial mortgages account for the bulk of emissions financed by the credit union
- By: IE Staff
- June 24, 2021 June 24, 2021
- 13:34
Pandemic leads to new tactics for recruiting new advisors
Three firms set out to change their typical advisor force with new recruitment strategies
- By: Fiona Collie
- June 24, 2021 June 24, 2021
- 13:10
Senate passes bill addressing tax treatment of selling farms, fisheries to kids
A private member's bill has beaten the odds, and the clock, in passing
- By: Rudy Mezzetta
- June 23, 2021 June 30, 2021
- 15:46
Canadian investors have lofty return expectations
Most investors aren't equipped to withstand the level of risk needed for outsized returns
- By: IE Staff
- June 23, 2021 June 23, 2021
- 15:25
Big U.S. banks to employees: Return to the office vaccinated
Several banks will require documented proof or declaration of vaccination
- By: Ken Sweet, The Associated Press
- June 23, 2021 June 23, 2021
- 13:57
CIBC buying minority stake in Chicago-based financial firm
The investment in Loop Capital allows the bank to expand its U.S. wealth management business
- By: IE Staff
- June 23, 2021 June 23, 2021
- 13:35
Financial firms made big pledges about racial justice last year. What’s happened since?
Many firms have new targets and strategies, but real change will take time
- By: Melissa Shin
- June 23, 2021 November 17, 2022
- 13:05
Banks facing calls to address racial barriers
Programs aim to root out bias from customer service, but more work is needed
- By: Melissa Shin
- June 22, 2021 February 1, 2022
- 17:01
Fed’s Powell says high inflation is temporary
Powell's comments come as financial markets struggle to interpret the Fed’s recent moves
- By: Christopher Rugaber, The Associated Press
- June 22, 2021 June 22, 2021
- 14:57
CRA audits of ultra-wealthy Canadians yield zero prosecutions
The absence of criminal charges against high-net-worth residents comes in an era of rising wealth inequality
- By: Christopher Reynolds, The Canadian Press
- June 22, 2021 June 22, 2021
- 09:26
Regulators handed out fewer fines last year, but returned more money to investors
Securities regulators ordered more than $42 million in restitution, compensation and disgorgement
- By: Greg Dalgetty
- June 22, 2021 June 22, 2021
- 08:30
Indigenous businesses in need of financial aid face barriers to accessing relief
For some, there is a feeling of distrust around government money
- By: Tara Deschamps, The Canadian Press
- June 21, 2021 June 21, 2021
- 14:13
Richardson Wealth strikes deal with Envestnet to provide UMA platform
The brokerage's investment in technology is a key part of its new growth strategy
- By: IE Staff
- June 21, 2021 June 21, 2021
- 11:33
Family-owned businesses set to drive recovery, report says
A long-term mindset offers competitive advantage
- By: IE Staff
- June 17, 2021 June 17, 2021
- 13:13