Latest news in Industry News

Canadian fund sales totalled $15.9B in January

Net sales of mutual funds hit $11.9 billion, while ETFs generated $4 billion in sales

  • By: IE Staff
  • February 22, 2021 February 22, 2021
  • 13:32
Canadian Parliament Building at Dusk

Extra weeks to be added to Covid-19 benefits for workers and parents

The federal government is extending the eligibility periods for the CRB, CRCB and EI

BIS seeks fintech head for new Toronto office

Hub for central bank innovation expanding to four new locations

School exam student's taking educational admission test in class, thinking hard, writing answer in university classroom, education and world literacy day concept (School exam student's taking educational admission test in class, thinking hard, writing

Latest CFP exam sitting had 72% overall pass rate

The exam results were strong amid the pandemic, said FP Canada

Finance committee recommends capital gains exemption for private share donations

The pre-budget report also recommends reforming the registered disability savings plan

Ontario Legislative Building at Queens Park in Toronto Ontario

Marriage won’t revoke a will under proposed Ontario legislation

Bill 245 would also make virtual will witnessing permanent

man on dollar

Investment industry not quite immune to crisis, but resilient

IIAC report shows revenues held up in 2020, employment climbed

Sorry we are closed sign board hanging on a door of cafe

Covid-19 misery shows in record Ontario job losses

Labour groups plead for federal assistance

Solar farm on a rural hillside

U.S. financial sector shares thoughts on a low-carbon economy

Trade groups published principles for a low-carbon transition

Alberta extends financial aid to struggling small businesses

The government will provide an extra $10,000 per organization

Federal Reserve meeting minutes show support for ultra-low interest rates

In January, Fed officials expressed concerns about a slowing economy

IIAC Hall of Famer Fred Ketchen dies at 85

The former ScotiaMcLeod executive had a career that spanned 57 years

  • By: IE Staff
  • February 17, 2021 February 17, 2021
  • 11:52
Miniature House on A Financial Graph

January home sales hit new record for the month as prices also post record high

Sales were up 35.2% compared with a year earlier, according to CREA

Andrew Marsh to step down from Richardson Wealth

Marsh has led the brokerage since 2010

Earnings increase for IGM in Q4

IG Wealth Management and Mackenzie Investments recorded record-high asset levels

  • By: IE Staff
  • February 12, 2021 February 12, 2021
  • 16:34

Ontario raises small estate limit to $150,000

Small estates can access a simplified probate process

Say no to life settlements, CLHIA advises Ontario

Group warns that vulnerable seniors would be at risk if private member's bill passes

Ontario set for years of post-pandemic deficits without new policy: FAO

Report highlights need for “significant” changes to spending or revenue

Earnings flat for iA Financial in Q4

Product sales surged in the firm’s wealth management and individual insurance businesses

  • By: IE Staff
  • February 11, 2021 February 11, 2021
  • 12:32

Earnings surge for Great-West Lifeco in Q4

The firm recently acquired a U.S. retirement business and sold its asset management group

  • By: IE Staff
  • February 11, 2021 February 11, 2021
  • 12:05
A three-dimensional composition, a red arrow, breaks through the brick wall and can be used in any design

Equity markets lift CPP in Q3

The fund's net assets were $475.7 billion, compared with $456.7 billion a quarter earlier

  • By: IE Staff
  • February 11, 2021 February 11, 2021
  • 11:53
growing wealth

CI’s wealth management assets soared in 2020

The company's assets increased dramatically following several acquisitions

Brookfield reports Q4 profit up from year ago

The asset manager also announced it had raised its dividend

Sun Life beats expectations in Q4

The insurers profits climbed 3.5% to $744 million in the quarter

Manulife profits rise 45% in fourth quarter

Core earnings dip slightly despite profit increase, however