Home News Industry News Page 88

Latest news in Industry News

New Desjardins ETF focuses on carbon reduction

The fund invests in large- and mid-cap companies in emerging markets

  • By: IE Staff
  • March 12, 2021 March 12, 2021
  • 11:23

CSA releases guidance on crypto disclosure

The guidance reflects regulators' observations from reviewing annual reports

Courts could save invalid wills if Ontario bill passes

Most Canadian provinces already grant this power to the courts, but some estate experts argue changing the law could lead to unintended consequences

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

CI acquires Barrett Asset Management

New York-based RIA manages more than US$2.5 billion

  • By: IE Staff
  • March 11, 2021 March 11, 2021
  • 12:15

Universal life policies can’t be used for unlimited deposits, appeal court rules

Hedge funds argued they should be able to make unlimited deposits for a guaranteed return

Scotiabank CEO earned $12.2M in 2020

Brian Porter's variable compensation was adjusted to reflect pandemic impacts

  • By: IE Staff
  • March 10, 2021 March 10, 2021
  • 13:32

BoC keeps key interest rate target on hold at 0.25%

The central bank warned of economic uncertainty

A silhouetted businessman stands on top of a mountain peak and looks into the distance with a spyglass in front of a dramatic sunset in the distance

RBC CEO sees inflationary pressure building as economy bounces back

David McKay predicts central banks will hike rates sometime next year

IHS Markit to launch global online ledger for carbon credits

The firm is using blockchain to create a "meta" registry for the world's carbon markets

man using mobile phone

BMO’s adviceDirect launches premium service

New advice channel caters to high net-worth clients

  • By: IE Staff
  • March 9, 2021 March 9, 2021
  • 11:25
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

Fiera Capital adds global equities team

The asset manager has acquired AMP Capital’s global companies business

  • By: IE Staff
  • March 9, 2021 March 9, 2021
  • 11:23

BMO’s Darryl White earned $11.1 million in 2020

The CEO's direct compensation declined slightly after missing his variable pay target

Pot company must pay dealer, court finds

Scotia Capital sued Aphria over unpaid invoice for takeover defence work

Ontario Legislative Building at Queens Park in Toronto Ontario

Ontario survivors could now receive more if their spouses die without a will

Ontario raised preferential share to $350,000 as of Mar. 1

client and advisor with masks on

CLHIA shoots down Covid-19 vaccine rumours

Group rebuts false claims on social media that vaccination will harm insurance coverage

Richardson Wealth reports higher Q4 fee income

The firm's assets under administration totalled $30.3 billion at the end of last year

  • By: IE Staff
  • March 5, 2021 March 5, 2021
  • 11:56

Fed chair: Higher inflation temporary, no rate hikes in sight

The wait-and-see message caused bond yields to jump

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

Hedge fund managers discuss Covid-19 playbooks, interest rates

At a showcase this week, managers of award-winning funds shared secrets to early-pandemic success

Wealthsimple sells U.S. biz to Betterment

All accounts will be transferred by June 2021

  • By: IE Staff
  • March 4, 2021 March 4, 2021
  • 14:29

Tips for taxpayers with repaid CERB error on tax slips

Don't file without an amended slip, EY Canada suggests

Bank ombuds adds consumer advocate to board

New director to push consumer-friendly innovation at ADR's complaint body

Laurentian Bank beats profit expectations in Q1

Residential mortgage biz will be a high priority ahead, chief executive says

Skyline of the financial district

Pandemic takes a bite out of TD CEO’s pay

Bharat Masrani earned a total of $10.5 million last year

  • By: IE Staff
  • March 2, 2021 March 2, 2021
  • 17:01
investing with a smart phone

Biden’s pick for SEC flags trading-app gimmicks for scrutiny

Gary Gensler says the regulator will study the use of “behavioural” technology in stock-trading apps

Frustrated man calculating bills and tax expenses

CRA says “rare” error in some tax slips lists repaid CERB as taxable

The agency says it’s aware of some tax slips that wrongly list portions of repaid benefits as taxable income