Latest news in Industry News

Co-operators advisor office featuring new branding English

Co-operators expands into wealth management

The firm's advisors have no minimums and are looking to serve "everyday Canadians"

Nearly 140 countries reach deal on corporate minimum tax

The deal aims to make sweeping changes to how big multinational companies are taxed, deterring profit stashing

binoculars

RBC on review for ratings upgrade: Moody’s

The big bank's resilience to stress scenarios could drive higher ratings

Departure of Dean Manjuris won’t impact growth goals, Richardson says

Manjuris provided "valued advice," the firm said, but the planned growth strategy remains "actionable"

  • By: Katie Keir
  • October 8, 2021 October 8, 2021
  • 11:56

Balance required to meet economic challenges, Macklem says

The greatest risk remains the pandemic, the Bank of Canada governor said

Great-West Lifeco partners with Sagard Holdings

Lifeco will sell its Colorado-based subsidiaries and commit capital to Sagard

  • By: IE Staff
  • October 7, 2021 October 7, 2021
  • 11:02

Lesley Poole named FP Canada Fellow

The distinction honours her contributions to professional financial planning

  • By: IE Staff
  • October 6, 2021 October 6, 2021
  • 16:40
parliament hill

Little room for feds to issue long-term debt unless central bank steps in: documents

Finance Department, Bank of Canada were told to avoid issuing new long bonds

Alternatives going mainstream with private equity leading the way: Preqin

The quest for yield and diversification is pushing investors into alternative assets

advisor and client meeting

Collaboration with clients will provide greatest financial planning value: FPSB survey

The survey also suggested demand for planning will increase over the next five years

  • By: IE Staff
  • October 6, 2021 October 6, 2021
  • 11:40
man using laptop

BMO InvestorLine updates features of advice service for online investors

The discount brokerage changed the fee structure and lowered the minimum balance

  • By: IE Staff
  • October 6, 2021 October 6, 2021
  • 11:00

Mackenzie launches private infrastructure fund

The fund is the second collaboration with Northleaf Capital Partners

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

IDC WIN acquires insurance assets from AFL Groupe Financier

The Guardian Capital subsidiary bought the Quebec firm's life and health insurance business and seg fund assets

  • By: IE Staff
  • October 4, 2021 October 4, 2021
  • 16:10
Ontario Legislative Building at Queens Park in Toronto Ontario

Ontario focused on recovery, determined to avoid future lockdowns, throne speech says

A major promise from the 2018 election that has not been fulfilled is a pledge to cut income taxes by 20% for the second income-tax…

Sun Life buying U.S. dental benefits company DentaQuest for $3.1 billion

The acquisition will more than double the size of Sun Life's U.S. employee benefits business by revenue

Major Quebec financial institutions sign sustainable finance statement

The firms committed to strengthening the province's sustainable finance ecosystem

Businessman hand with coins and sprout in network connection. Plant growing on pile of coins money. Money growth concept.

Fund managers call on industry to address ESG confusion

Greenwashing remains a concern as assets in sustainable funds grow

Hands counts money on American flag background

Biden’s U.S. government overhaul plan at risk

The plan involves raising taxes on corporations and the wealthy, using the funds to expand government programs

man using mobile phone

Sun Life forms new business unit to support client health

The new platform combines group benefits and the insurer's virtual care application

  • By: IE Staff
  • September 29, 2021 September 29, 2021
  • 15:42

Powell defends Fed policies, says inflation may persist

Criticism of monetary policy has grown in recent months along with price increases

niche investment

Banking regulator planning for more volatility in financial sector

Climate change and digitization are the two biggest risks, the Superintendent of Financial Institutions said

Green landscape with sustainability symbols

Why sustainability factors may have little credit rating impact: DBRS

Financial materiality is the pivotal test

broadcast

Regulators to host free events for investors

The activities are part of investor education month and world investor week

  • By: IE Staff
  • September 29, 2021 September 29, 2021
  • 13:04

Alain Carrier to leave CPP Investment Board

He will become global CEO of Bregal Investments

  • By: IE Staff
  • September 28, 2021 September 28, 2021
  • 15:44
Multiethnic group of people cooperating for environmental protection

Quebec’s Caisse to sell remaining oil production investments by end of next year

CDPQ also plans to hold $54 billion in green assets by 2025