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
Latest news in Industry News
Manulife beats expectations as second-quarter profit surges to $2.6 billion
Global wealth and asset management net inflows reached $8.6 billion
- By: Canadian Press
- August 5, 2021 August 5, 2021
- 12:12
Sun Life Q2 profit increases 73% to $900 million
Canada was the biggest contributor to net profits in the quarter
- By: Canadian Press
- August 5, 2021 August 5, 2021
- 12:05
IGM posts record profit in second quarter
Investment fund sales and assets under management topped previous highs
- By: Mark Burgess
- August 5, 2021 August 5, 2021
- 11:36
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
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
- By: Canadian Press
- August 4, 2021 August 4, 2021
- 10:13
SEC’s Gensler says crypto investors need more protection
The SEC chairman said the regulator needs more authority and resources to regulate crypto markets
- By: Matt Ott, The Associated Press
- August 3, 2021 August 3, 2021
- 15:31
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
- By: Canadian Press
- August 3, 2021 August 3, 2021
- 13:51
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
- By: Michelle Schriver
- August 3, 2021 August 3, 2021
- 09:05
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
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
- By: Jordan Press, Canadian Press
- July 30, 2021 July 30, 2021
- 12:24
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
Following IPO, Robinhood looks to expand beyond trading
Robinhood shares traded on the Nasdaq for the first time Thursday
- By: Associated Press
- July 29, 2021 July 29, 2021
- 15:42
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
- By: Mark Burgess
- July 29, 2021 July 29, 2021
- 10:55
CSA proposes streamlined capital raising
The proposal would allow eligible issuers to raise up to $10 million annually
- By: IE Staff
- July 28, 2021 July 28, 2021
- 15:04
Federal Reserve notes improving economy, a step toward easing support
More progress is needed on employment, price stability before tapering bond purchases, Powell says
- By: Christopher Rugaber, The Associated Press, Associated Press
- July 28, 2021 July 28, 2021
- 14:24
IIROC’s client identifier requirements take full effect
The measures enhance market monitoring and investigations
- By: IE Staff
- July 28, 2021 July 28, 2021
- 13:34
Manulife renames equities team, announces plan to discontinue DSCs
The firm also announced various risk-rating and fund-names changes
- July 27, 2021 July 27, 2021
- 16:59
RBC GAM names new global infrastructure head
CPPIB veteran Andrew Hay is taking the new role
- By: IE Staff
- July 27, 2021 July 27, 2021
- 16:51