Canadian home prices expected to fall 3.3% in 2023: Re/Max report
Forecast decline nearly 12% in Toronto area, Halifax expected to gain 8%
- By: The Canadian Press
- November 29, 2022 November 29, 2022
- 14:39
Latest news in Industry News
Scotiabank reports $2.09B Q4 profit, down from $2.56B a year ago
AUM, wealth management revenue dropped amid challenging market conditions
- By: IE staff, with files from Canadian Press
- November 29, 2022 November 29, 2022
- 11:44
Saskatchewan’s bottom line remains stable, government posts a $1.1B surplus
Potash, oil production boosts revenue
- By: The Canadian Press
- November 29, 2022 November 29, 2022
- 11:43
Economists see underlying signs of weakening in third-quarter GDP numbers
Household savings rate rose to 5.7% in Q3; oil exports helped drive GDP growth
- By: Nojoud Al Mallees, Canadian Press
- November 29, 2022 November 29, 2022
- 09:14
RBC to buy HSBC Canada
HSBC signalled it was looking to sell its Canadian business back in October
- By: IE staff, with files from Canadian Press, Ian Bickis, The Canadian Press
- November 29, 2022 November 29, 2022
- 07:51
BlockFi seeks protection as FTX collapse rattles crypto
BlockFi claimed more than 100,000 creditors and liabilities ranging from $1 billion to $10 billion
- By: Michelle Chapman, The Associated Press
- November 28, 2022 November 28, 2022
- 15:03
Doubling first-time homebuyers’ tax credit to cost $115M: PBO
Meanwhile, eliminating student loan interest would cost $2.7 billion over five years, the Parliamentary Budget Officer finds
- By: Melissa Shin
- November 28, 2022 November 28, 2022
- 10:11
Banks to give financial update in Q4 results ahead of possible recession next year
A key question for analysts will be how much banks are profiting from their loans
- By: Ian Bickis, The Canadian Press
- November 28, 2022 November 28, 2022
- 10:00
Credit unions up their game in wealth management
The state of play of advisory, investment services from co-operatives, credit unions
- By: Greg Meckbach
- November 25, 2022 November 25, 2022
- 15:37
Alberta projects $12.3B surplus in latest fiscal update
The government set aside $2.8 billion over three years to cover inflation-fighting programs and payouts
- By: Dean Bennett
- November 25, 2022 November 25, 2022
- 15:07
Federal government posts $1.7-billion surplus for April to September period
Compared to the same period in the previous fiscal year, government revenues were up 18.6%
- By: The Canadian Press
- November 25, 2022 November 25, 2022
- 15:00
Cross-selling opportunities prompt P&C brokerages to buy advisors
Actual assets under management of advisor aren’t always worth purchasing on their own
- By: Philip Porado
- November 25, 2022 November 25, 2022
- 14:53
Leveraging technology to serve your clients
Advisors face a host of challenges integrating new tech
- By: Maddie Johnson
- November 25, 2022 November 25, 2022
- 09:32
How to prevent client complaints
At FP Canada's annual conference, Bessner outlined red flags to identify and mitigate
- By: Michelle Schriver
- November 24, 2022 November 25, 2022
- 16:36
Head of bankers group raises concerns about surtax
Anthony Ostler also called for more consumer protection in the emerging payments space
- By: IE staff, with files from Canadian Press
- November 24, 2022 November 24, 2022
- 15:45
Manulife cutting about 50 jobs as part of changes at its real estate operations
The company is moving away from property operations to refocus its business as an investment manager
- By: The Canadian Press
- November 24, 2022 November 24, 2022
- 13:59
Advisor business support growing across Canada’s wealth firms
There's higher demand for advisor coaching and consulting that can't be ignored
- By: Katie Keir
- November 24, 2022 November 24, 2022
- 09:00
Some Big Six banks pulling ahead of others on climate policy: report
TD released total financed emissions, all six lag in setting oil and gas financed-emissions targets: Investors for Paris Compliance
- By: Ian Bickis, The Canadian Press
- November 23, 2022 November 23, 2022
- 14:40
Fed at last meeting saw few signs that inflation was easing
Some U.S. central bank officials encouraged by falling commodity prices, unclogging supply chain
- By: Paul Wiseman, The Associated Press
- November 23, 2022 November 23, 2022
- 14:27
First-time homebuyers can use FHSA and HBP, feds propose
Rules governing new tax-free home savings account to be effective April 1, 2023
- By: Rudy Mezzetta
- November 23, 2022 November 23, 2022
- 09:58
Statistics Canada reports retail sales down 0.5% in September
Gasoline down 2.4%, convenience store sales drop 1.5%
- By: The Canadian Press
- November 22, 2022 November 22, 2022
- 10:05
Smith Financial to buy Home Capital Group as mortgage industry under strain
The all-cash offer provides certainty for shareholders, Home Capital board chairman says
- By: Ian Bickis, The Canadian Press
- November 21, 2022 November 21, 2022
- 14:56
The fate of advisors who get bought out by property and casualty brokerages
P&C brokers often want you to stay if they buy your firm
- By: Philip Porado
- November 18, 2022 November 18, 2022
- 16:35
Industry moves this week
Changes include executive shifts at iA Financial Group related to wealth division
- By: Katie Keir
- November 18, 2022 November 18, 2022
- 11:55
Ontario Teachers’ Pension Plan writes down FTX investment to zero
Less than .05% of assets invested in FTX, aiming for emerging fintech exposure
- By: The Canadian Press
- November 18, 2022 November 18, 2022
- 11:05