Latest news in Industry News

Cropped shot of unrecognizable businesspeople sitting and writing notes in a book while in the office during the day

Results from latest QAFP exam released

New applicants for certification will soon have greater post-secondary requirements

  • By: IE Staff
  • March 10, 2022 March 10, 2022
  • 17:05
Canada Parliament and Canadian Flag over blue sky.

Shadow budget report calls on feds to slash spending, incentivize growth

C.D. Howe Institute recommends Ottawa freeze department operating budgets, shift public employees to shared-risk pension plans

Asset management on precipice of change

Fund houses must respond to rise of retail investors, redefined returns

  • By: IE Staff
  • March 10, 2022 March 10, 2022
  • 13:34
Eurotower in Frankfurt am Main before sundown

Europe’s central bank to speed up end to economic stimulus

Bond purchases are now set to end in the third quarter

Steel worker on CNC plasma cutter machine

Supply chain woes slashing Canadian manufacturing, hurting small businesses: Surveys

Eight in 10 manufacturers and exporters surveyed say they have had to raise prices

Plenty of TFSA room going unused

Most TFSA holders don’t maximize contributions, according to the latest data from the Canada Revenue Agency

Modern office building close up in sunlight

McKay tops bank CEO pay as strong earnings lead to compensation bump

Most executives' compensation last year exceeded their target pay

New angel fund targets women in tech

Fund seeks to finance early-stage ventures with high growth potential

Market turmoil delaying advisor moves, RF Capital CEO says

Recruiting pipeline to Richardson Wealth, other independents, remains "very strong", Kish Kapoor says

Inauguration Day Washington DC

U.S. added 678,000 jobs in February

Unemployment dropped to 3.8% yet more Americans are looking for work

A residential street in Iqaluit.

Lack of investment planning access frustrates Nunavut residents

Territorial finance ministry says expansion of banks to hamlets is a private industry decision.

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.

BoC must raise rates to moor inflation expectations, Macklem says

Broadening of price pressures is "a big concern," the central bank governor said

TD profit up 14% in Q1, beats expectations

Strength in Canadian, U.S. retail banking underpinned revenue growth

Wooden blocks with percentage sign and arrow up, financial growth, interest rate increase, inflation concept

Big banks raise prime rate after BoC hike

The rise will increase the cost of loans such as variable-rate mortgages that are linked to the benchmark

Russian Ukraine conflict concept

Ukraine war has investors grappling with geopolitics

The conflict is forcing investors to reassess growth and profit outlooks

Powell tells Congress that Fed will raise rates this month

The U.S. central bank chair expects “it will be appropriate” to raise interest rates at its March 15-16 meeting

Laurentian Bank Q1 profit up, beats expectations

Laurentian Bank of Canada reported first-quarter revenue of $257.5 million

Scotiabank reports $2.7 billion net income for Q1

The bank's AUM of $345 billion represents an 11% increase from last year

  • By: IE Staff
  • March 1, 2022 March 1, 2022
  • 14:58

Canadian economy ends strong year with 6.7% growth in Q4

The economy held up better than many expected through the omicron wave, providing justification for rate hikes

TD buying U.S. bank First Horizon for US$13.4 billion

Scotiabank also said Monday it's increasing its stake in its Chilean unit in a $1.3-billion deal

National Bank reports Q1 profit of $932M, boosted by trading revenue

Net income for the wealth management segment was up 11% year over year

CIBC bank downtown

CIBC revenue growth outpaces expenses, proposes stock splits

The wealth management business benefited from both market appreciation and client flows, the bank said Friday

Canadian companies at risk from Russia cyberattacks in retaliation for sanctions

Financial, energy and telecom sectors are being monitored for potential threats

Alberta budget out of red, forecasts rosy economic future

The surplus is another pendulum swing for a province that for decades has been riding the dizzying highs and subterranean lows of oil and gas…

Aerial drone view of petrol industrial zone or oil refinery in Yaroslavl, Russia during sunset time.

Russia Ukraine conflict raises big risks for global economy

Europe receives close to 40% of its natural gas from Russia