Latest news in Industry News

diverse group of advisors

CSA to launch investor panel

The new national Investor Advisory Panel will provide retail investor perspective on regulators' work

African businessman holding letter reading bad bank news about debt

Ontario gave $210M in Covid support to ineligible businesses: Auditor General

Meanwhile, other businesses received more money than was needed while some were excluded altogether

RBC reports $3.9B Q4 profit, raises dividend 11%

The wealth management business earned $558 million, up from $546 million a year earlier

Modern urban skyscrapers in downtown Chicago from below to the blue summer sky. Sun reflecting in the glass facades of the urban futuristic buildings. Chicago, Illinois, USA

National Bank raises dividend on back of Q4 profit

The bank reported a profit of $776 million, plus growth in AUA and AUM

TDAM launches three ETFs

The ETFs consist of two ESG funds and one technology fund

  • By: IE Staff
  • November 30, 2021 November 30, 2021
  • 13:51
Skyline of the financial district

Scotiabank reports Q4 profit up from year ago, raises dividend

The dividend hike and share buyback plan follow OSFI's decision to lift pandemic restrictions

Ottawa, Canada - June 30, 2021: The many shoes and toys left near the Centennial Flame on Parliament Hill in memory of the children whose remains were found near former Residential Schools.

Macklem says central bank must do more to help Indigenous Peoples in Canada

The governor said the central bank can play a key role in fostering economic reconciliation

Blended families creating demand for tax services across jurisdictions: study

Complex relationships are increasing the risk of litigation

  • By: IE Staff
  • November 29, 2021 November 29, 2021
  • 15:05
Canada Parliament and Canadian Flag over blue sky.

Federal deficit hits nearly $69B over first half of fiscal year

The Finance Department's fiscal monitor says the deficit now reflects current economic challenges caused by Covid-19

Filling out Canadian tax documents

A little-known TFSA tip for year-end tax planning

This strategy can work well for wealthy clients with large TFSA balances

cryptocurrencies

Bank of Canada should issue a digital currency, C.D. Howe says

The think tank advocates for Canadian-dollar-linked stablecoins in a new report

BlackNorth Initiative launches playbook to promote racial equity

The new tool was created in partnership with Boston Consulting Group

  • By: IE Staff
  • November 25, 2021 November 25, 2021
  • 11:53
confused man

Help investors beat FOMO

An OSC Dialogue panellist highlighted the need for investor coaching

  • By: Katie Keir
  • November 24, 2021 November 24, 2021
  • 16:46
client meeting

OSC provides funds to Prosper Canada

The national charity will receive a total of $2.7 million over three years

  • By: IE Staff
  • November 24, 2021 November 24, 2021
  • 16:15
Canada Parliament and Canadian Flag over blue sky.

Liberals set to introduce bill with targeted pandemic aid for businesses, workers

High unemployment and labour shortages help explain why the government wants to target aid

How to better serve a diverse clientele

A panel at FP Canada's conference suggested ways to overcome the barriers some clients face

Modern office building close up in sunlight

Laurentian Bank cutting office space in half as part of strategic review

CEO says prioritizing work from home will help attract talent

Parliament Hill in Ottawa - Ontario, Canada

With pressure growing to act, Liberals reference inflation worries in throne speech

The speech focused on child care, housing and the rising cost of living

Scotiabank ditches resumes for campus hiring, widening candidate pool

The approach helps businesses uncover talent and removes many false preconceptions recruiters form

Manulife streamlines universal life product

The goal is to simplify the firm's offering to its customers and advisors

Cropped image of a smiling businesswoman pinning her name tag on her jacket - copyspace

CFA Society Toronto appoints new board leadership

Brenda King will serve as chairwoman

  • By: IE Staff
  • November 19, 2021 November 19, 2021
  • 10:52
Pile of cryptocurrency coins

Fidelity launches new crypto service, funds

New venture allows brokers, portfolio managers and funds to trade crypto with an IIROC-regulated firm

School exam student's taking educational admission test in class, thinking hard, writing answer in university classroom, education and world literacy day concept (School exam student's taking educational admission test in class, thinking hard, writing

FP Canada announces results from October QAFP exam

Compared to May, the pass rate was down, and more candidates wrote the exam

  • By: IE Staff
  • November 17, 2021 November 17, 2021
  • 13:40
announcement

Phillips, Hager & North repeat as top overall mutual fund group at Lipper Awards

Horizons and RBC won group awards for ETFs

  • By: IE Staff
  • November 17, 2021 November 17, 2021
  • 11:34

Manulife plans share buyback after shedding U.S. annuity risk

The insurer unlocked $2 billion in capital by offloading the bulk of its U.S. variable annuity book