Latest cut comes after inflation fell to an annual rate of 1.7% — U.K.'s lowest level since April 2021
Insurer posted record base earnings topping $1 billion
Insurer’s Canadian core earnings up 4%
No one can predict what markets will do over the next four years, but there are items to watch
Bitcoin climbed above $75,000 and smashing its previous record set in March
Insurer had $1.3 billion in gross seg fund sales
The insurer had $1.51 trillion in AUM on Sept. 30
Future of education and exam program was one of the biggest questions following split last year
Increase to second earnings ceiling represents last step in CPP expansion plan
Robert Ouellette has held executive positions in financial services, engineering, professional services, tech
Also, Blue Cross Life partners with PolicyMe for online insurance applications
CCMA declares project a success, but not a blueprint for T+0
The cuts come just a year after the insurer cut 250 positions in its investment management division
Economist optimistic that CUSMA will hold
BMO's board chair says Diane Cooper, Brian McManus each bring significant experience
The fund has $350 million in seed capital from an unnamed Canadian corporate pension plan
Program expenses rose 11%
Supply shocks create more risks to inflation, Macklem says
Move matches the rate decrease announced by the Bank of Canada
Policy splitting, tax implications and beneficiary changes are factors to consider
Prescribed rate set to drop as average yield on three-month Treasury Bills moves lower
IFRS 17 won’t significantly impact LICAT ratios, insurers moving towards bonds
Every generation expects to retire beyond age 65
Big investments in wealth management to continue, Canaccord Genuity Corp. CEO says
Investment Funds Institute of Canada report finds inflation and interest rates led Canadians to invest less last year