CMHC changes underwriting practices on mortgage loan insurance
The agency is increasing the gross and total debt service ratios for borrowers
- By: Canadian Press
- July 5, 2021 July 5, 2021
- 14:01
Latest news in Industry News
FundEX merges with Investia
Both firms now operate under the Investia banner
- By: IE Staff
- July 5, 2021 July 5, 2021
- 11:22
Calgary home sales in June set record for the month, real estate board says
The average price in June was $494,111, down from $510,978 in May
- By: Canadian Press
- July 5, 2021 July 5, 2021
- 10:14
Torontonian charged in multimillion-dollar insider trading case in U.S.
The man allegedly stole confidential information about his employer's trade orders to make hundreds of personal trades
- By: Canadian Press
- July 5, 2021 July 5, 2021
- 10:04
Equity markets to remain open on new federal holiday
Fixed-income markets will close on Sept. 30 to honour residential school survivors
- By: James Langton
- June 30, 2021 June 30, 2021
- 17:01
Liberals’ budget bill adopted, bringing changes to stock options, annuities, IPPs
The legislation that passed on Tuesday gives new life to measures in limbo since 2019
- By: IE Staff
- June 30, 2021 June 30, 2021
- 15:38
Franklin Templeton names new ETF distribution heads
Bobby Eng will lead institutional ETF distribution and Ahmed Farooq will handle the retail side
- By: IE Staff
- June 30, 2021 June 30, 2021
- 14:29
Harbourfront adds CTO
Leonard Trigg joins the firm from Vertex One
- By: IE Staff
- June 30, 2021 June 30, 2021
- 12:14
Robinhood to pay US$70 million to settle FINRA accusations
The charges included hurting clients by giving misleading information and allowing risky trades
- By: Associated Press
- June 30, 2021 June 30, 2021
- 12:09
Sadiq Adatia moves to BMO
He will become BMO Asset Management's CIO as of July 14
- By: IE Staff
- June 29, 2021 June 29, 2021
- 17:07
Beneficiary designations affirmed in Ontario court decision
The decision in Mak (Estate) v Mak differs from the controversial Calmusky ruling
- By: Melissa Shin
- June 29, 2021 June 29, 2021
- 13:26
Why younger Canadians are choosing to save on investment fees
DIY plus fee-only planning was the choice for one millennial
- By: Leah Golob, Canadian Press
- June 29, 2021 June 29, 2021
- 11:45
Foundation Wealth opens Calgary office
Rod Walsh and Matthew McDowell are joining the independent firm
- By: IE Staff
- June 29, 2021 June 29, 2021
- 10:59
CI to acquire U.S. wealth manager Radnor
The deal is the latest in a string of purchases that will bring the firm's U.S. assets to US$68 billion
- By: IE Staff
- June 28, 2021 June 28, 2021
- 12:29
IG Wealth changing fund names, fees, risk ratings
Several changes take effect Monday
- By: IE Staff
- June 28, 2021 June 28, 2021
- 10:37
CRA announces prescribed interest rates for Q3
The prescribed rate on loans to family members remains set at 1%
- By: IE Staff
- June 25, 2021 June 25, 2021
- 15:16
RBC Direct Investing launches trading dashboard
Younger Canadians flocking to online investing represents a "generational shift," says RBC DI president and CEO
- By: Rudy Mezzetta
- June 25, 2021 June 25, 2021
- 14:33
Peter Szeto joins Harbourfront Wealth Management
Szeto has moved his practice over from BMO Nesbitt Burns, where his team managed a $370-million book
- By: IE Staff
- June 25, 2021 June 25, 2021
- 10:09
Big U.S. banks pass latest Fed stress tests
The banks can resume paying out dividends to investors and buying back stock
- By: Ken Sweet, Associated Press
- June 25, 2021 June 25, 2021
- 09:32
FP Canada makes changes to board of directors
Martin Dupras, president of ConFor Financiers, has been named chairman
- By: IE Staff
- June 24, 2021 June 24, 2021
- 16:17
CI GAM to rename investment funds
The move will officially retire CI’s legacy boutique investment brands
- By: IE Staff
- June 24, 2021 June 24, 2021
- 15:04
Vancity shares data on financed GHG emissions
Commercial mortgages account for the bulk of emissions financed by the credit union
- By: IE Staff
- June 24, 2021 June 24, 2021
- 13:34
Pandemic leads to new tactics for recruiting new advisors
Three firms set out to change their typical advisor force with new recruitment strategies
- By: Fiona Collie
- June 24, 2021 June 24, 2021
- 13:10
Senate passes bill addressing tax treatment of selling farms, fisheries to kids
A private member's bill has beaten the odds, and the clock, in passing
- By: Rudy Mezzetta
- June 23, 2021 June 30, 2021
- 15:46
Canadian investors have lofty return expectations
Most investors aren't equipped to withstand the level of risk needed for outsized returns
- By: IE Staff
- June 23, 2021 June 23, 2021
- 15:25