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National Bank reports Q2 net income of $379 million, beats analyst expectations

The bank set aside $504 million in loan loss provisions

CI acquires stake in another U.S. RIA, launches new private pools

The firm has now acquired an interest in four RIAs with total assets of US$6.6 billion

  • By: IE Staff
  • May 26, 2020 May 26, 2020
  • 12:56

Scotiabank Q2 profit down from year ago as provisions for credit losses soar

Demand for deferrals in Canada peaked in the first week of April

AMF unit seeks research on pandemic’s effect on fintech

Grants available for both research projects and "knowledge transfer" projects, such as webinars

BMO to axe DSC funds in November

The low-load DSC option will be removed from BMO’s mutual fund lineup

  • By: IE Staff
  • May 25, 2020 May 25, 2020
  • 15:11

Companies removed from S&P Dow Jones Canadian dividend index

Covid-19 has prompted companies to slash dividends

Five things to watch for in the Canadian business world this week

Bank earnings and GDP numbers headline a busy week

Canadian Parliament Building at Dusk

Could government relief efforts signal future policy priorities?

The Liberals’ LEEFF program may provide insight into post-pandemic initiatives

CI takes full control of WealthBar, plans launch of CI Direct Investing

The new “hybrid” platform will offer DIY investing, wealth management and financial planning services

Trudeau asks commercial landlords to give tenants help through new program

Applications open Monday but business groups have warned that landlords may not take part

First quarter earnings: A sector by sector look at the effects of Covid-19

Landlords, railways and insurers have all been affected

Morgan Stanley to launch Canadian wealth-management business

Canaccord Genuity has been selected as Morgan Stanley’s platform provider

  • By: IE Staff
  • May 20, 2020 May 21, 2020
  • 11:40
Business chart with rising arrow and falling arrow

Annual inflation rate turned negative in April, Statistics Canada reports

The drop in the annual rate was the first year-over-year decline since September 2009

Feds to seek equity or cash from companies applying for new Covid-19 loan program

The terms are designed to make sure companies using the program receive bridge loans, not bailouts

Feds expand eligibility for CEBA loans

The government also hinted that more help for business owners may be on the way

Raymond James names new i-banking head

Dion Degrand specializes in supporting energy firms

  • By: IE Staff
  • May 19, 2020 May 19, 2020
  • 13:07

CI launches new liquid alt fund

The CI Marret Alternative Enhanced Yield Fund is available in ETF and mutual fund versions

  • By: IE Staff
  • May 19, 2020 May 19, 2020
  • 13:01
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

CBOE expands into Canada with ATS acquisition

Chicago firm buys dark pool MATCHNow from Virtu Financial

Fiera reports increase in net earnings for Q1

Firm's AUM dropped 6.8% from the previous quarter

Federal Covid-19 wage subsidy to last through summer, Trudeau says

The subsidy, which was supposed to expire in June, will now run through to the end of August

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Boosting foreign direct investment could help rebuild economy: IIAC

The association has proposed an immigrant investor program to help the economy recover from Covid-19

Onex Corp. reports Q1 loss of more than $1B

The Toronto-based investment management firm cites Covid-19 disruption

IIROC urges vigilance amid heightened cybersecurity threats

The self-regulatory organization is advising that firms take precautions

  • By: IE Staff
  • May 15, 2020 May 15, 2020
  • 10:44

With CFL season in doubt, star linebacker focuses on financial advice

Adam Bighill has been building a book of business “from the ground up” at Wellington-Altus

Brookfield Asset Management reports Q1 loss, says ready to invest

The Covid-19 pandemic helped push the company into a first-quarter loss of US$157 million