IGM posts $298.1 million in net earnings for Q3
Assets under management and advisement rise to $302.6 billion
- By: Jonathan Got
- November 7, 2025 November 7, 2025
- 15:02
Assets under management and advisement rise to $302.6 billion
Feds look to forge ahead with taxonomy, update greenwashing legislation
Employee compensation increased across Canada, while GDP fell in two territories
Asset management industry should feel ‘seen and heard,’ advocate says
Assets under administration reach $3.5 billion
Assets under management rose 7% to $1.6 trillion
Fall from $177M in last year's Q3 driven by interest rate movements
Critics question scale of investment in budget marketed as 'transformational'
Core earnings from insurance, wealth management rise
“These are bigger worries right now for the government than a comprehensive tax reform": Golombek
Experts say the projected deficit is broadly in line with expectations
Total net new government spending for the 2025-26 fiscal year is $20.1 billion
Administrative savings will be used to strengthen tax compliance
Writeoff for manufacturing and processing buildings ‘huge incentive’: Golombek
In “very rare cases,” the decrease in value of credits could exceed tax savings from one-percentage-point cut to lowest bracket
$150 payment to be retroactive to start of program
Proposals impact banking fees, cheque deposits, open banking stablecoin regulation and credit union rules
The firms are in B.C., Alberta and Ontario
The 406-page budget includes almost $90B in net new spending items over five years
Eligible customers living outside the GTA can travel to Toronto or Oakville to use the discount
The Canada-U.S. trade war forms the backdrop of the entire budgetary plan
BoC's trying to "make sure that the tariff problem doesn't become an inflation problem"
Education program fees increased by 38%
Canadian insurers sold 481,000 life and health contracts last year
Questbank will join other fintechs pushing into banking space