Latest news in Industry News

How to connect with your clients’ kids

Providing early guidance on goals and investing can help build your book

Wilkins named to U.K. oversight body

Former BoC senior deputy governor will serve as external member of U.K.'s Financial Policy Committee

House placed on coins Men's hand is planning savings money of coins to buy a home concept concept for property ladder, mortgage and real estate investment. for saving or investment for a house,

OSFI proposes new stress test for uninsured mortgages

Increasing the qualifying rate would help ensure borrowers can pay their mortgages if rates rise

Policy-makers should tackle housing supply with more density and transit: Dodig

CIBC's CEO commented on Canada's heated housing market ahead of the bank's annual general meeting

Tread carefully

Feds should be ‘cautious’ and avoid overstimulation with upcoming budget: RBC CEO

Dave McKay also spoke at the bank's AGM about the need for a more inclusive Canadian society

IIROC bans former advisor for off-book investments

The MFDA also banned the man for similar misconduct

  • By: IE Staff
  • April 7, 2021 April 7, 2021
  • 16:45

Fed in March saw brighter outlook, yet underscored patience

In meeting minutes, the Federal Reserve gave no sign of ending bond purchases

Tax tips for self-employed clients

The Canada Revenue Agency provided pointers for business owners who received Covid-19 benefits

  • By: IE Staff
  • April 7, 2021 April 7, 2021
  • 14:28
plan idea

BMO found AI, climate change and diversity opportunities in pandemic: CEO

Darryl White spoke at the bank's virtual annual general meeting

Higher U.S. corporate taxes would boost growth: Yellen

The 2017 tax cuts failed to deliver an accelerating economy, the Treasury secretary said

Skyline of the financial district

CI’s new joint venture will invest in global real estate and infrastructure

The partners at Axia Real Assets have managed over $50 billion combined in real asset investments

  • By: IE Staff
  • April 7, 2021 April 7, 2021
  • 10:57

Shuttering of national securities regulator came as no surprise to industry

Now that the project has been shelved, Ottawa and the provinces can focus on improving securities regulation, experts say

This picture says the development of economy, successful, and achievement

$4.7B flowed into Canadian ETFs in March

Flows into ESG funds have already surpassed last year’s record, according to National Bank

CPP Investments launches sustainable energy group

The group will invest in renewables, conventional energy and new technology

  • By: IE Staff
  • April 6, 2021 April 6, 2021
  • 12:32

Canada Life offers customizable term insurance

Clients can choose the exact term they want

  • By: IE Staff
  • April 5, 2021 April 6, 2021
  • 08:30

RBC completes sale of Eastern Caribbean operations

The bank's Caribbean presence now includes 41 branches supported by 3,000 employees

  • By: IE Staff
  • April 1, 2021 April 1, 2021
  • 16:02
Business partnership meeting. Picture businessmans handshake. Successful businessmen handshaking after good deal. Horizontal, blurred (Business partnership meeting. Picture businessmans handshake. Successful businessmen handshaking after good deal. Ho

Brookfield closes deal for Brookfield Property Partners

The asset manager sweetened the deal with an offer of US$6.5 billion

Eager to build infrastructure, Biden plans to tax business

The American president's plan includes hiking the corporate rate to 28% from 21%

Fund companies announce a bevy of new ETF launches

Dynamic Funds, Guardian Capital and CIBC Asset Management all have new products

  • By: IE Staff
  • March 31, 2021 March 31, 2021
  • 11:36
stock market gains

Ontario Teachers’ Pension Plan earned total fund net return of 8.6% in 2020

The plan earned $18.0 billion in investment income in 2020

Calling all night owls: MX looks to fill expanded trading hours

The Montreal Exchange is seeking market makers for Asian trading

Finance Department sees issues with Facebook’s digital currency, documents show

Officials appeared less concerned about rivals like Bitcoin

Global banks warn of possible losses from hedge fund default

News reports identified the hedge fund as New York-based Archegos Capital Management

Coming this fall: a new approach to trading at the close

TSX sets a date for the launch of its new "market-on-close" trading model

Quebec drops small biz tax rate, extends tax for financial institutions

The finance minister forecast a deficit of $12.3 billion this fiscal year