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Inauguration Day Washington DC

U.S. revises Q4 GDP estimate to 7%

For the full year of 2021, the U.S. GDP grew by 5.7%, the fastest calendar-year growth since 1984

diverse group of advisors

CFA Institute releases final diversity code for Canada, U.S.

In Canada, the code requires that organizations commit to embracing Indigenous reconciliation

Canadian Parliament Building at Dusk

Housing, tax fairness likely to feature in Budget 2022, experts say

Don't expect significant broad-based tax increases in the federal budget, but look for updates on several campaign promises from the Liberals

B.C. budget forecasts $5.5B deficit

A three-year climate fund will support ongoing disaster cleanup and rebuilding in southern B.C. communities hit by last November's floods and mudslides

Canadian retail sales dropped 1.8% in December

Sales dropped in eight of 11 subsectors including furniture, down 11.3%

Modern office building close up in sunlight

BMO launches lending program for Black entrepreneurs

With this announcement, three of the Big Six now have specialized lending programs

iA Financial sold most seg funds in Canada last year

The company's fourth quarter results were also strong

  • By: IE Staff
  • February 17, 2022 February 17, 2022
  • 12:03

Faster rate hikes likely if inflation stays high: U.S. Fed

Minutes released Feb. 16 of the U.S. central bank’s policy meeting show most policymakers say faster interest rate hikes are needed if inflation does not…

Inflation written newspaper

Inflation continues to outstrip wage growth as annual rate surpasses 5%

Bank of Canada deputy governor Timothy Lane said Wednesday the central bank still expects inflation rates to come down quickly in the second half of…

Could inflation benefit Canada’s life insurers?

How inflation affects policyholder behaviour remains to be seen, an analyst with A.M. Best Company Inc. says

CIBC’s loan program for Black entrepreneurs launched

In its first two weeks the program has attracted more than 600 inquiries

Close up of businesswoman using calculator while going through financial bills.

What’s new on income tax returns for 2021

The Canada Revenue Agency highlights credits and deductions

  • By: IE Staff
  • February 11, 2022 February 11, 2022
  • 13:57

Insurers see growth potential in Asian markets as middle class grows

Asian markets propped up fourth-quarter results for Manulife, Sun Life

Great-West Lifeco, Sun Life report increased assets in 2021

The insurers reported fourth-quarter earnings on Wednesday

  • By: IE Staff
  • February 10, 2022 February 10, 2022
  • 16:50
advisor client meeting

Help educate clients this RRSP season

Topics where clients need support include insurance and estate planning, an IG poll suggests

  • By: IE Staff
  • February 10, 2022 February 10, 2022
  • 14:50

CPP Investments reports Q3 results, commits to net zero by 2050

The fund returned 2.4% in the third quarter

  • By: IE Staff
  • February 10, 2022 February 10, 2022
  • 13:56

Brookfield considers spinning off asset manager

Equity value of standalone biz would be US$70–$100 billion, CEO says

Manulife earned record $7.1 billion in 2021

Q4 profit grew 17%

Strength in brick-and-mortar retail persists, says RioCan REIT CEO

Physical retail is resilient even as Covid causes "volatile" environment

Appeal denied in CIBC unpaid overtime lawsuit

A hearing is scheduled for September to determine damages for unpaid hours

Cash flow and emergency funds a vital part of financial planning

Clients are worried about not meeting their retirement goals, but a cushion can provide comfort

chips

Buy the dip no more? Investors brace for rotation

Reports from Richardson Wealth and Natixis put this year's market volatility in context

Cropped shot of an unidentifiable businesswoman

Equitable Bank buys Concentra

The acquisition would result in Canada's seventh-largest bank

Painting pollution green with a highlighter

Corporate climate pledges are weaker than they seem, report says

Many companies mislead consumers with accounting practices

Draft legislation on trust reporting, ETF taxation released

Several proposals from Budget 2021 were also included in the draft legislation