National Bank reports $997M Q1 profit
The bank's wealth management business earned $242 million
- By: The Canadian Press, with files from IE
- February 26, 2025 February 26, 2025
- 10:26
The bank's wealth management business earned $242 million
During a fireside chat, Kelly Gorman also presented a plan for increasing membership and promoting the CLU
Before the prospect of U.S. tariffs, most provinces had been expecting their fiscal situations to improve in 2025
The bank's wealth management and capital markets businesses helped push the profit up from $1.29B a year ago
The bank's Q1 profit was down from a year ago
The association originally hired the firm to investigate wrongdoing by employees and executives, the claim states
The fund's net assets rose close to $10 billion in 2024
The loan will aid in the installation of up to 1,500 new curbside chargers
The deal values the U.S. business at US$1.74 billion
CRA provides more time to issue tax slips, corporations no longer get penalty relief
Executive and board appointments announced at IFIC, Manulife and Croesus
Activism focused on increased M&A activity is expected in 2025
BoC can't lower rates too much without risking adding fuel to the inflation fire, governor says
Wealth management division grows after last year’s acquisition of BCV Asset Management
Trump has threatened blanket 25% tariffs on Canadian goods, with the exception of 10% tariffs on energy
AIMCo, however, received an F in the advocacy group's annual report card
Canadian core earnings were $1.57 billion in 2024, up from $1.49 billion in 2023
Quarterly earnings down 12% compared with year earlier period
But the generation is least likely to speak to family about it, poll reveals
Respondents cited expenses, debt repayment and insufficient income as barriers to saving
Basic personal amount would increase, and small biz tax rate would drop while threshold would increase to $700K
Ethos Urban’s leadership team to remain "significant shareholders" in the business
Plus, guaranteed electronic funds transfers and mobile mortgage renewals
Use these tips for greater flexibility with assets from a life income fund
Some fear family conflict when it comes to money