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Desjardins posted big gains in Q1

The cooperative reported surplus earnings of $798 million before dividends, powered by lower credit loss provisions

  • By: IE Staff
  • May 13, 2021 May 13, 2021
  • 15:35

Brookfield AM reports rise in net income in Q1

Net income attributable to common shareholders was US$1.24 billion, as funds from operations hit a record high

Net redemptions slow as CI reports Q1 profit

The firm's assets under management continued to grow in the first quarter

natural environment

Feds launch council on sustainable finance

Enhancing climate-related financial disclosures will be an early focus

  • By: IE Staff
  • May 12, 2021 May 12, 2021
  • 14:44

FSRA updates title reg proposal

The Ontario regulator proposed a central registry of title users and shorter transition periods

Sterling Mutuals adds ETFs to product shelf

As ETF assets in the MFDA channel continue to grow, more firms are hopping on board

Deadline extended again for ETF tax proposal

Revised allocation to redeemers legislation appears in the 2021 budget implementation bill

finding money

There’s $149 million in B.C.’s lost and found

A non-profit agency has reported a surge in people seeking unclaimed assets

Cidel Asset Management to acquire fixed income manager

Lorica Investment Counsel is a specialty bond manager focused on the Canadian market

  • By: IE Staff
  • May 10, 2021 May 10, 2021
  • 15:27

RF Capital reports net loss, record AUA in first full quarter after consolidation

The firm will unveil a new growth strategy later this month

CI acquires US$5.1B San Diego-based RIA

The deal for Dowling & Yahnke is CI Financial's second-largest RIA acquisition to date

IGM Financial reports record-high Q1 earnings

AUM and AUA were also up, for the quarter and compared with March 2020

  • By: IE Staff
  • May 7, 2021 May 7, 2021
  • 15:32
plan idea

GWL reports ‘solid’ Q1 earnings

Also, GWL subsidiary Canada Life describes its new distribution platform for advisors

AUM down for Fiera Capital Corp. in Q1

The firm reported a $23-million profit in first quarter

  • By: IE Staff
  • May 7, 2021 May 7, 2021
  • 13:02

What KYP reforms mean for advisors

Experts at an InvestorCOM webinar discussed how firms are preparing for the client-focused reforms

Profits grow for iA Financial in Q1

The firm saw record gross sales of seg funds and mutual funds in the quarter

  • By: IE Staff
  • May 6, 2021 May 6, 2021
  • 13:19

Borden Ladner Gervais acquires AUM Law

The deal will allow BLG to expand and automate its regulatory compliance services

  • By: IE Staff
  • May 6, 2021 May 6, 2021
  • 12:16

Manulife’s core earnings surge in Q1

The company's earnings benefited from higher new business in Asia and the U.S. and core investment gains

Sun Life earns $937 million in first quarter of 2021

The insurer attributed its gain to favourable equity markets and interest rate changes

Negotiation tips when buying or selling a book

A session at the IFB Spring Virtual Summit offered insights for advisors

Former RBC DS portfolio manager to helm new family office

The Grondin Group has partnered with Walter GAM and W Investments Group

  • By: IE Staff
  • May 5, 2021 May 5, 2021
  • 11:07

Federal budget bill includes changes to stock options, annuities, mutual fund trusts

New legislation will adopt a number of measures from the 2019 budget

  • By: IE Staff
  • May 4, 2021 May 4, 2021
  • 16:47
Sorry we are closed sign board hanging on a door of cafe

Nova Scotia offers extra $12 million to businesses hit by latest Covid-19 lockdown

Eligible businesses will receive a one-time grant of up to $5,000

Skyline of the financial district

Finance and insurance sector help fuel growth, employment

The industry's contributions at home and globally were detailed by the Conference Board of Canada

  • By: IE Staff
  • May 4, 2021 May 4, 2021
  • 13:19
Ontario Legislative Building at Queens Park in Toronto Ontario

It’s official: marriage no longer revokes a will in Ontario

Bill 245 has received royal assent, which also means that Ontario is a substantive compliance province and virtual will witnessing is permanent