Latest news in Industry News

Green bond experiment bears fruit: BIS

Project tested prototypes for green finance that's more transparent, accessible to retail investors

This picture says the development of economy, successful, and achievement

Inflation marches higher still in September: OECD

Soaring energy prices driving the gain in headline inflation readings

Great-West Lifeco reports Q3 profit up from year ago

The Winnipeg-based insurer reached $872 million in net earnings for the quarter

  • By: IE Staff
  • November 4, 2021 November 4, 2021
  • 12:23
A three-dimensional composition, a red arrow, breaks through the brick wall and can be used in any design

Canadian ETF flows break 2020 record with 2 months to go

Year-to-date inflows reached $43 billion in October

  • By: IE Staff
  • November 3, 2021 November 10, 2021
  • 17:31
natural environment

BoC to monitor climate change impact on inflation

The announcement comes just ahead of a report by the central bank on climate risks and the financial system

Federal Reserve to slow economic aid as inflation worries rise

To start, the U.S. central bank will reduce monthly bond purchases by $15 billion in each of November and December

Two senior friends laugh affectionately together. The women are standing outside on a sunny but cool day. They are dressed in casual sweaters. One woman is of African descent and the other is Caucasian.

Two-thirds of Canadian investors confident about retirement: survey

However, 25% said financial security would take a miracle, finds the Natixis Investment Managers' 2021 retirement index

  • By: IE Staff
  • November 3, 2021 November 3, 2021
  • 14:18
Hands counts money on American flag background

U.S. Treasury to trim debt auctions that accelerated in pandemic

Borrowing needs are starting to ease

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

CI to acquire majority interest in R.H. Bluestein & Co.

The Detroit- and New York-based firm is CI's latest U.S. acquisition

  • By: IE Staff
  • November 2, 2021 November 2, 2021
  • 14:27
cryptocurrencies

Treasury report calls for stricter oversight of stablecoins

The department said the legislation should require stablecoin issuers become banks

Brant Securities advisors move to Worldsource

Brant advisors and their clients will join Riley Investment Services

Wellington-Altus receives $85-million investment from minority partners

Firm says investments from Jessiman Family Investments and the Cynosure Group will go toward advisor incentive offers and acquisitions

Franklin Templeton buying private equity firm for US$1.75 billion

The firm’s alternative AUM is expected to reach US$200 billion when the transaction closes

  • By: IE Staff
  • November 1, 2021 November 1, 2021
  • 16:21
inequality between people

Pandemic affecting low-income households more than others: study

Almost two-thirds of low-income households said they've experienced significant financial hardship

announcement

Forstrong regains majority interest in firm from iA Financial

iA obtained a majority stake in Forstrong in 2013

  • By: IE Staff
  • November 1, 2021 November 1, 2021
  • 14:43
Steel worker on CNC plasma cutter machine

U.S. manufacturing growth slows in October

Growth dipped 0.3 percentage-points to 60.8% last month

men holding on to balloons as they float away into the air

Fed to start reining in economic aid as inflation risk rises

About half the Fed's policymakers forecast the first rate hike would be in late 2022

responsible investments fossil fuels oil and gas energy sector

CFA Institute tackles greenwashing

Industry group issues final ESG disclosure standards for investment products

parliament hill

Federal deficit hits $57 billion nearing halfway of fiscal year

The amount is $114 billion less than the same period last year, when pandemic spending was high

Hands counts money on American flag background

What’s in and what’s out, as Biden offers scaled-back plan

President Joe Biden outlined Thursday a US$1.75-trillion framework

Canadians will keep spending less, saving more as economy re-opens: survey

Meanwhile, the BoC's latest quarterly report suggests people will spend some of the savings they've amassed

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

CI Financial affiliate acquires Odyssey Wealth

The transaction solidifies the firm’s presence in the Dallas, TX region

  • By: IE Staff
  • October 28, 2021 October 28, 2021
  • 12:02

Ontario overhauls probate application process

Experts divided over whether streamlined application forms will make applying easier

BoC keeps key rate on hold, ends quantitative easing

Inflation appears stronger than expected, the central bank said

Canada Parliament and Canadian Flag over blue sky.

Trudeau shuffles cabinet

New associate minister of finance named