Home News Industry News Page 72

Latest news in Industry News

Ontario Teachers’ posts $8.6-billion mid-year gain

Total-fund net return of 9.6% since inception

office workers wearing gloves and masks

Most big banks to require office-bound workers to be fully vaccinated

The mandates at the banks follow announcements by Sun Life Financial Inc. and others

A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t

British Columbia may end civil jury trials

All jury trials were temporarily suspended due to Covid-19, and civil cases remain halted until 2022

AGF extends its private alternatives platform

The asset manager has a new private equity partnership with First Ascent Ventures

  • By: IE Staff
  • August 19, 2021 August 19, 2021
  • 12:34

Wealthsimple Cash becomes first Canadian service integrated into Twitter’s Tip Jar

The social media platform aims for hassle-free online transactions and more monetization features

federal election

O’Toole takes aim at Trudeau and Singh over inflation

Headline inflation hit 3.7% in July — the highest year-over-year increase since 2011

U.S industry plots move to T+1

Canada is also considering a move to the shorter settlement cycle

Americans spent less in July as Covid-19 cases surged

Retail sales fell much larger than Wall Street analysts had expected

Tories would require more transparency for investment management fees

The party's election platform also contains various tax proposals and targets an "overly aggressive" CRA

parliament hill

Fate of unfulfilled 2021 budget proposals uncertain with election underway

Certain measures from the 2019 election, such as a luxury tax, are sure to resurface in this campaign

office workers wearing gloves and masks

Companies launch mandatory vaccination policies and experts expect more coming

The government said it expects employers in federally regulated industries, including banks, to require vaccinations

arrows

Desjardins Group posts ‘solid’ earnings for Q2

Surplus earnings rose to $935 million before member dividends, up by more than 70% from a year earlier

  • By: IE Staff
  • August 13, 2021 August 13, 2021
  • 13:34
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

More than 700 passed CPA Canada’s May exam

Two women were recognized for achieving high standing

Court certifies class action against insurer over independent contractors

While the claim will proceed, the court suggested it may not be in the contractors' interest

ESG growth

CPP Investment Board’s net assets now exceed $500B

The board's net assets for the quarter ended June 30 totalled $519.6 billion

NDP pledges to raise top marginal tax rate, capital gains inclusion rate

The corporate tax rate would also go to 18%

Fiera reports Q2 profit as assets grow

AUM reached $179.5 billion, up 4% from the previous quarter

  • By: IE Staff
  • August 12, 2021 August 12, 2021
  • 11:21
Ontario Legislative Building at Queens Park in Toronto Ontario

Ontario boosts Covid-19 spending amid uncertainty around variants

The province is putting an additional $2.2 billion toward Covid-19 spending

Brookfield Asset Management reports Q2 profit

The asset manager reported US$816 million, or 49 cents per share, in net income

U.S. consumer prices rose in July but at slower pace

Prices have increased a substantial 5.4% compared with a year earlier

Feds launch public consultations on new luxury tax

The tax on expensive vehicles was part of the Liberals' 2019 election platform

VersaBank relaunches Indigenous and remote community lending program

Robert-Falcon Ouellette and Roland Bailey will lead the program

CI Financial acquires $3.4-billion Ohio-based RIA

The firm also announced earnings results for second quarter of 2021

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

CARP partners with Purpose Investments to promote longevity fund

Association members will get a reduction in management fees

Toronto financial district

Blackstone REIT to buy WPT Industrial REIT in deal worth US$3.1B including debt

The sale is expected to close in the fourth quarter of this year