Latest news in Industry News

stock market down

CPPIB says its fund earned 6.8% in latest fiscal year

Private equity, infrastructure, real estate helped contribute to returns

mature woman with tablet

How should inflation affect retirement withdrawal rates?

Experts at the Morningstar Investment Conference discussed strategies for anxious retirees

Bitcoin

How the investment thesis for crypto has changed

Bitcoin has behaved more like a risk asset this year than an inflation hedge

responsible investments fossil fuels oil and gas energy sector

Geopolitical risk is hard to measure in ESG, and it’s not going away

A panel at the Morningstar Investment Conference discussed Russia and China from a clean energy perspective

Ontario, Quebec yet to match feds’ proposed small business tax break

The federal budget proposed increasing the level of taxable capital at which a business can still access the small business rate

angry client meeting

Trends in claims against advisors

Red flags to guard against in your practice were outlined at an IFB event

CI to ramp up recruiting under consolidated Canadian wealth unit 

CI Financial Corp. is taking a “centralized” approach to advisor recruitment, in part to avoid having its CI Assante Wealth Management and Aligned Capital Partners…

“Perfect storm” fuelling inflation, BoC says

But the situation is different from the '70s

Slumping markets hit iA profit despite strong sales

The firm reported net income attributable to common shareholders of $151 million in Q1, down 13%

  • By: IE Staff
  • May 12, 2022 May 12, 2022
  • 14:39
Financial stock exchange market display screen board on the street

Brookfield to spin off asset management business

A 25% stake in the new company will be distributed to shareholders by year's end

Inflation, growth of food sales, growth of market basket or consumer price index concept. Shopping basket with foods on arrow.

U.S. inflation hit 8.3% last month but slows from 40-year high

Grocery prices up 10.8%, steak is “almost out of the question”

Modern office building close up in sunlight

Big firms bank on attracting advisors

Industry leaders cite planning, culture, banking power to fuel advisor practices

Recent investment product launches

'Megatrend' and U.S. taxpayer funds are among the recent releases

  • By: IE Staff
  • May 10, 2022 May 10, 2022
  • 12:11
foreign country with stock market data

IGM Financial reports strong Q1 earnings and inflows despite rocky markets

Mackenzie's investment fund sales declined

  • By: IE Staff
  • May 6, 2022 May 6, 2022
  • 14:09

Net earnings increase 9% in Q1 for Great-West Lifeco

The quarterly results reflect the insurer's medium-term goals, the CEO said

  • By: IE Staff
  • May 5, 2022 May 5, 2022
  • 14:48
piggy bank with flag of Canada

BoC reaching out to Indigenous groups on economic reconciliation

Barriers exist to accessing financial services, deputy governor says

The facade of the Royal Exchange in the City of London

BoE raises key rate to highest level in 13 years

More rate increases could be in the pipeline based on the latest economic outlook

American interest rate up 0.5% amid 6.6% inflation

The Federal Reserve raised the benchmark short-term interest rate to a range of 0.75% to 1%

Miniature House on A Financial Graph

April’s home sales down 41% from last year, 27% since March: Toronto realty board

Annual pace of home price growth ‘will moderate in the coming months’

Person putting money into piggy bank

CDIC deposit protection expands to include RESPs and RDSPs

The Crown corporation also introduced changes for deposits held in trust or placed through financial advisors

  • By: IE Staff
  • May 2, 2022 May 3, 2022
  • 14:41

Inflation hits record high of 7.5% in countries using euro

Reasons include supply bottlenecks, 38% rise in energy prices

parliament hill

Luxury vehicle tax, DTC changes included in Budget 2022 implementation bill

Bill C-19 gives people who purchased luxury vehicles in 2021 a break

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.

Putting the inflation genie back in the lamp

Central banks miscalculated and find themselves behind the inflation curve, CIO told a Canada Life event

client meeting

Financial planning projections peg long-term inflation at 2.1%

FP Canada and the IQPF released their 2022 guidelines

  • By: IE Staff
  • April 28, 2022 April 28, 2022
  • 15:48

Scotia signs referral deal with dentist group CDSPI

Bank announces five-year agreement with provider of insurance and financial advice to dentists