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CPP Investments earned 1.9% net return in Q3

The pension fund manager's return was negative for its first three quarters

Sun Life Financial reports net income of $951 million for Q4 2022

Assets under management dropped 8% in 2022

Inflation written newspaper

Labour shortages could push up wages, “reignite inflation” in long run, report warns

Prospective employees "will have more muscle," RBC Economics predicts

Ottawa Ontario Canada Sunset

Hot economy, inflation were at crux of BoC’s last rate decision: summary

Unanimous agreement that central bank's action to date had been forceful

Many investors avoiding markets heading into RRSP season, finds survey

Amid such conditions, Canadians now expect to need $1.7M in order to retire

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National Bank sells in-house financial planning tool to IT vendor

AdviceSuite to be incorporated into CGI Wealth360

TRREB sees GTA home prices flatten, but realtors detect return of market activity

Few want to sell, fewer looking to buy, January sales down 44.6% year over year

U.S. adds a surprisingly strong 517,000 jobs despite Fed hikes

Policymakers hope to bring down inflation by reducing job openings

The facade of the Royal Exchange in the City of London

BoE rate hike says “too soon to declare victory”

Inflation has slowed but is still fuelling a cost-of-living crisis, public-sector strikes and fears of recession

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Feds’ share buyback tax to generate $3B over five years: PBO

Liberals said they will release details about the 2% tax in Budget 2023

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Hub Financial acquires BridgeForce in Ontario

Protecting independence of advisors was "foremost" in the decision, BridgeForce co-presidents said

  • By: IE Staff
  • February 2, 2023 February 2, 2023
  • 13:21
Eurotower in Frankfurt am Main before sundown

ECB hikes rates, vows “we are not done”

The increase comes even as the European economy slows

Modern office building close up in sunlight

More than 100 organizations sign CFA Institute diversity code

Asset managers representing US$11.2 trillion in AUM have signed the code

  • By: IE Staff
  • February 1, 2023 February 1, 2023
  • 11:14
Hand putting Coins in glass jar with retro alarm clock for time to money saving for retirement

Canadian pension returns down 10.3% in 2022: RBC

Equities bounced back but fixed income remained weak amid restrictive monetary policy

Partners discussing new plans

WCM’s Return to Bay Street program opens applications

The program to reintegrate experienced women into the financial industry has three hiring cycles this year

  • By: IE Staff
  • February 1, 2023 February 1, 2023
  • 10:37
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

Canaccord Genuity buying Mercer’s Canadian private wealth business

The deal comes as Canaccord's management looks to take the firm private

Inflation causing price rising up, overvalued stock or funds, consumer purchasing power reducing concept, air balloon tied with product price tag flying high rising up in the sky.

Prescribed rate set to rise, again, in Q2

The increase represents the fourth consecutive quarter that the rate has climbed

Business chart with rising arrow and falling arrow

IMF upgrades outlook for the global economy in 2023

Output should grow 2.9%, global inflation should fall to 6.6%

FP Canada lobbying feds for financial planning tax credit

The organization wants to improve lower-income earners' access to planning

variety of euro coins and bills

Europe scrapes out economic growth by dodging gas disaster

3.5% growth could mask private consumption contraction

inequality between leader and workers

Canadian economy grew slightly in November, expected to slow further

Annualized Q4 growth at 1.6%, slowdown in housing-related orders

Canada Parliament and Canadian Flag over blue sky.

Federal government posts $3.6 billion deficit between April and November

Rate hikes, inflation drive public debt charge up 36.8%

U.S. inflation and consumer spending cooled in December

Prices up 5% year over year, consumer spending down 0.2% from November

As BoC takes pause from hiking rates, attention turns to labour market

Economists expect unemployment to rise as businesses and consumers curb spending

Manulife partners with Cleveland Clinic Canada

The collaboration aims to promote better health outcomes within group benefits

  • By: IE Staff
  • January 26, 2023 January 26, 2023
  • 12:37