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client and advisor with masks on

Canadian business community largely supportive of vaccine passport system

Quebec will require proof of vaccination to access non-essential services where Covid-19 transmission is high

Brookfield Reinsurance to buy U.S. insurer American National for US$5.1 billion

The deal is expected to close in the first half of 2022

Feds launch consultations on increasing charities’ disbursement quotas

Finance is seeking comments about raising the rate and giving the CRA better enforcement tools

home ownership

Finance looking for input on underused housing tax

The proposal is for a 1% annual tax on the value of vacant real estate owned by non-residents

diversity

SEC approves Nasdaq’s plan to require board diversity 

Companies that don’t meet diversity criteria must explain why they couldn’t comply 

Leah Anderson appointed interim CDIC head

The senior Finance Canada official is stepping in after Peter Routledge's departure

  • By: IE Staff
  • August 5, 2021 August 5, 2021
  • 13:39

Manulife beats expectations as second-quarter profit surges to $2.6 billion

Global wealth and asset management net inflows reached $8.6 billion

Sun Life Q2 profit increases 73% to $900 million

Canada was the biggest contributor to net profits in the quarter

IGM posts record profit in second quarter

Investment fund sales and assets under management topped previous highs

Business lawyer team. Working together of lawyer in the meeting.

IIROC fines firm $350K for supervision failures

After an advisor's death, his clients complained about trading activity in their accounts

  • By: IE Staff
  • August 4, 2021 August 4, 2021
  • 16:59
woman working from home with her dog

Highest proportion of at-home workers are in finance, insurance

Industry and firm size are key factors in the ability to work from home, StatsCan says

  • By: IE Staff
  • August 4, 2021 August 4, 2021
  • 11:39

Canaccord profit up after record revenue from advisory fees

The firm said it will continue to grow its wealth management business

  • By: IE Staff
  • August 4, 2021 August 4, 2021
  • 11:14

GWL base earnings increase 17% in Q2

MassMutual business contributed to the results

Pile of cryptocurrency coins

SEC’s Gensler says crypto investors need more protection

The SEC chairman said the regulator needs more authority and resources to regulate crypto markets

Canadian pension plans post positive returns in Q2

Better fixed income returns led to stronger results than in the first quarter

  • By: IE Staff
  • August 3, 2021 August 3, 2021
  • 14:44

Calgary home sales slowed in July but still reached a record high: CREB

The average price of a home was $488,501

work from home

IA Financial moving to hybrid work model

The firm won't impose a mandatory number of days employees must spend in the office

  • By: IE Staff
  • August 3, 2021 August 3, 2021
  • 10:46

CSA to create new single self-regulatory organization

Consolidated rules and enhanced governance will be part of the changes

Business lawyer team. Working together of lawyer in the meeting.

FP Canada fielded 66 complaints, conducted 11 hearings in 2020

The certification body released its annual statistics, achievements and priorities

  • By: IE Staff
  • July 30, 2021 July 30, 2021
  • 16:52

RF Capital reports net loss, record AUA in Q2

After taking full ownership of Richardson Wealth, the firm now has $34 billion in assets under administration

  • By: IE Staff
  • July 30, 2021 July 30, 2021
  • 12:58
parliament hill

Government extends wage and rent subsidies to October

Minister Freeland said the government is also freezing rates for the wage and rent subsidies at current levels

Empire Life reports lower Q2 earnings

Expected profit on in-force business also fell by 4%

  • By: IE Staff
  • July 30, 2021 July 30, 2021
  • 11:08
social media

Following IPO, Robinhood looks to expand beyond trading

Robinhood shares traded on the Nasdaq for the first time Thursday

iA Financial reports solid profits in Q2

Sales were up in iA’s individual insurance and wealth management divisions

  • By: IE Staff
  • July 29, 2021 July 29, 2021
  • 11:32

Financial industry backs Canadian bid to host ISSB

Freeland sent a formal letter making the case for a Canadian headquarters for sustainability standards