Latest news in Industry News

FCAC releases new financial literacy strategy

The government agency hopes to make the financial system more accessible and inclusive

  • By: IE Staff
  • July 14, 2021 July 14, 2021
  • 12:22

Equitable collaborates with Desjardins to expand line of credit offering

Qualifying whole-life policyholders with Desjardins can now apply for a CSV loan

  • By: IE Staff
  • July 14, 2021 July 14, 2021
  • 11:50
Special Report on Taxes, November 2019

New Mackenzie equities fund aims to minimize impact of taxes

The fund uses a variety of tax-management strategies to maximize returns

  • By: IE Staff
  • July 14, 2021 July 14, 2021
  • 11:22

New impact investing firm launches in Toronto

TwinRiver Capital will introduce investment products in the fall

  • By: IE Staff
  • July 14, 2021 July 14, 2021
  • 11:21
a man on a precipice

Bank of Canada cuts growth forecast for 2021, reduces bond buying target

The central bank expects inflation to run above 3% for the rest of the year

Documents detail BoC’s bond-buying on federal debt

The central bank is expected to reduce its weekly purchases of federal bonds on Wednesday

Canada Life signs deal to buy claim management services company ClaimSecure

Another GWL subsidiary, Irish Life, has struck a deal to acquire Ark Life Assurance Company

a woman looking at her computer

FP Canada Standards Council introduces new technology rules

The rules are designed to set clear expectations for planners who use technology in their practices

  • By: IE Staff
  • July 13, 2021 July 13, 2021
  • 12:23
man using mobile phone

BMO InvestorLine adds resources for DIY investors

The recent surge in online investing has created “significant demand” for features that inform investors, BMO says

  • By: IE Staff
  • July 13, 2021 July 13, 2021
  • 12:06
father and son conversation

Estate experts seek resolution on beneficiary designation issue

Stakeholders want it to be clear that beneficiary designations indicate the deceased's wishes

calculator with the word dividends on the display

Bank of England ditches dividend limits on U.K. banks

The central bank halted dividend hikes for lenders last March before loosening restrictions in December

Surge in U.S. consumer prices over the past year the highest since 2008

The increase has heightened concerns that the Fed might introduce rate hikes earlier than expected

Modern urban skyscrapers in downtown Chicago from below to the blue summer sky. Sun reflecting in the glass facades of the urban futuristic buildings. Chicago, Illinois, USA

Bank of Canada names Carolyn Rogers as new senior deputy governor

The OSFI and Basel Committee veteran succeeds Carolyn Wilkins as second-in-command

Investment managers adopting reconciliation practices, but more work to be done: report

A survey finds that more than half of firms considered Indigenous rights in their investment analysis

Fed won’t boost rates, pare bond purchases until economy stronger

The central bank said in a report that its low-interest-rate policies are providing “powerful support”

G20 ministers take up plan to deter cross-border tax dodging

Approval of the sweeping tax package is likely at the G20 meeting Friday and Saturday

woman with laptop

FP Canada announces results from QAFP exam in May

Most candidates took the test online

  • By: IE Staff
  • July 8, 2021 July 8, 2021
  • 16:24
men holding on to balloons as they float away into the air

Are your retired clients worried about recent price hikes?

An advisor shares her tips for portfolio positioning in an inflationary environment

Eurotower in Frankfurt am Main before sundown

Europe’s central bank intensifies focus on climate change

The decision is part of a new approach to monetary policy similar to that of the Federal Reserve

Liberals set date for one-time OAS payment

Seniors aged 75 and older will receive the $500 payment in August

Fed officials discuss timing of reducing bond purchases

Higher inflation could prove more persistent than the U.S. central bank previously indicated

Beef Cattle Open Range on Large Ranch

Feds plan to amend small biz succession bill

Finance's decision to delay implementation of Bill C-208 means it could revise or even repeal the law

Nova Scotia premier wants his province to become Canada’s start-up capital

The province will axe regulatory fees for new businesses and cut an additional $30 million in “unnecessary regulatory burden”

CIBC and a group of international banks look to set up new carbon credit market

Project Carbon aims to support a marketplace for carbon offsets with clear pricing and standards

Metro Vancouver real estate sales eased in June as benchmark price was flat

Home sales were down 11.9% from the previous quarter