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RBC partners with estate planning platform to offer online wills

The collaboration provides clients who need basic estate planning an affordable, online option

Claude Paquin to head IGM Financial in Quebec

The firm has more than $35 billion in assets under administration in the province

  • By: IE Staff
  • November 16, 2021 November 16, 2021
  • 11:31
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Cboe to acquire NEO Exchange

The acquisition would give the Chicago-based exchange operator 16.5% market share in Canada

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Great-West Lifeco raising quarterly dividend to shareholders by 12%

Fellow life insurers Manulife and Sun Life also announced dividend hikes this month

Desjardins posts 11.9% surplus earnings growth

Profits in the wealth management and life and health insurance division were down from a year ago

  • By: IE Staff
  • November 12, 2021 November 12, 2021
  • 16:14
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CPPIB sees net assets grow 4% over Q2

CPP Investments says its net assets for the quarter ended Sept. 30 totalled $541.5 billion

Guardian Capital reports net loss, asset growth in Q3

Assets under management grew 62% year over year

  • By: IE Staff
  • November 11, 2021 November 11, 2021
  • 15:30

Fiera reports lower net earnings, slightly higher AUM in Q3

Assets under management were $180.8 billion at Sept. 30

  • By: IE Staff
  • November 11, 2021 November 11, 2021
  • 12:55

CI reports record third-quarter results

The firm also announced its investment in alternative wealth platform GLAS Funds

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Brookfield Asset Management reports Q3 profit up from year ago

The alternative asset manager says earnings quadrupled, boosted by market performance

FSRA finalizes guidance for pension benefits after marriage breakdown

The Ontario regulator also provided a plain-language guide for plan members and spouses

  • By: IE Staff
  • November 10, 2021 November 10, 2021
  • 12:36
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CI Financial buys US$7.5-billion RIA in Chicago

Gofen and Glossberg, LLC offers customized investment, planning services to HNW clients

Canaccord reports $61.79 million profit in Q2

The firm reported record M&A revenue

  • By: IE Staff
  • November 9, 2021 November 9, 2021
  • 17:14

Gen Z focused on saving, budgeting in face of pandemic setbacks: survey

Despite concerns around debt and budgeting, most are feeling optimistic about their financial futures

  • By: IE Staff
  • November 9, 2021 November 9, 2021
  • 13:53
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Ontario proposes housing affordability task force

Both housing prices and the number of home sales have grown in the past year

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Sun Life Financial raising quarterly dividend after OSFI lifts restrictions

The company increased its quarterly payment to shareholders by 20%

Richardson Wealth reports Q3 loss, record AUA

Richardson Wealth's advisory teams had average AUA of $218 million in Q3

  • By: IE Staff
  • November 5, 2021 November 5, 2021
  • 15:35

Manulife Financial raises quarterly dividend by 18% after ban on increases lifted

The firm also announced a plan to buy back up to 39 million shares

old way, new way

ISS proposes proxy voting policies for 2022

Changes for Canada would include voting policies around board diversity, say-on-pay

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Exchanges look to ramp up carbon funds markets

LSE and ICE both are planning efforts to expand emissions trading

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B.C. court grants injunction on incoming DTC advisor fee-cap rules

Feds' $100 cap on fees for helping clients apply for the DTC was set to become effective Nov. 15

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IGM Financial reports record earnings in Q3

The firm's wealth management segment reported record-high assets under advisement

Supreme Court won’t allow appeals from funds seeking to use life insurance for unlimited deposits

Insurers welcome the dismissal

  • By: IE Staff
  • November 4, 2021 November 4, 2021
  • 17:00

Ontario phasing out Covid-19 supports, introducing “staycation” tax credit

No tax cuts were in the fall economic statement

Insurers see investment gains offset losses for Covid-19, weather events

Negative pandemic effects were seen in insurers' U.S. and Asian divisions