Latest news in Industry News

stock market

Banks report disruptions as traders pile into BlackBerry, GameStop shares

A social media–based push has fuelled huge price gains and high trading volumes

Federal Reserve stresses its commitment to low rates for the long run

Economic uncertainty requires prolonged support from monetary policy

responsible investments fossil fuels oil and gas energy sector

At Davos, Canadian investment leaders push for climate-friendly economy

Carney talks carbon pricing, while OTPP exec lauds pension's sustainability goals

Hard-hit businesses get details on Liberals’ new loan fund

The Highly Affected Sectors Credit Availability Program opens on Feb. 1

a woman looking at her computer

New ETF analytics platform coming to Canada

The tool will be available to TMX clients later this quarter

  • By: IE Staff
  • January 27, 2021 January 27, 2021
  • 11:21
responsible investments fossil fuels oil and gas energy sector

BlackRock raises the temperature on climate risk

The firm has signalled that companies will face increased pressure to meet "net-zero" goals

Janine Guenther named president of Dixon Mitchell Investment Counsel

Guenther is the first woman to lead the firm

  • By: IE Staff
  • January 26, 2021 January 26, 2021
  • 10:54

CI acquires US$23B Chicago-based RIA

Deal for Segall Bryant & Hamill will double the size of CI's U.S. business

Greening central banks’ portfolios

BIS launches new green bond fund for central banks

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

Thousands of Ontario small businesses apply for shutdown relief funds

The one-time Ontario Small Business Grant offers up to $20,000

OTPP aiming for net zero greenhouse gas emissions by 2050

The pension plan said in the coming weeks it will establish concrete targets

Task force recommends sweeping changes to OSC

The proposals would radically alter securities regulation in Ontario

Ontario task force recommends sweeping reforms to province’s securities regulator

List of 70 recommendations includes major governance changes to Ontario Securities Commission

Return to Bay Street program reboots

The program supports women in finance after an absence

  • By: IE Staff
  • January 21, 2021 January 21, 2021
  • 13:31
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“Warrior accountants” have role to play in the future of business: report

The pandemic has highlighted companies’ social risks, CPA Ontario says

  • By: IE Staff
  • January 20, 2021 January 20, 2021
  • 13:43

Morgan Stanley profits rise 48% in Q4

Tech stocks and IPOs drove the increase

rock climbing risk

Bank of Canada keeps key rate at 0.25%, warns of rocky recovery in 2021

The economy will reverse in the first quarter, the central bank said

New software aims to enhance TCFD disclosure

Mantle314's platform is currently being tested by 15 public companies

  • By: IE Staff
  • January 19, 2021 January 19, 2021
  • 13:52
Financial stock exchange market display screen board on the street

LME plans to close trading floor for good

Exchange says shift to electronic trading would boost transparency, efficiency and liquidity

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

Insurers stand ready to finance low-carbon transition

CLHIA sees shortage of sustainable investment options

Bank of America 4Q profit falls 18% on lower interest rates

The bank’s balance sheet is heavily weighted toward short-term interest rates

  • By: Ken Sweet
  • January 19, 2021 January 19, 2021
  • 10:14

Goldman Sachs’ profits more than double, despite pandemic

Earnings significantly exceeded analyst expectations

  • By: Ken Sweet
  • January 19, 2021 January 19, 2021
  • 10:09

Christine Bergeron named Vancity CEO

Bergeron has held several senior roles since joining the co-op in 2011

  • By: IE Staff
  • January 18, 2021 January 18, 2021
  • 13:15

CMHC reports annual pace of housing starts down in December

The 2020 pace still surpassed 2019, despite the pandemic

iA Financial launches iA Private Wealth brand

iA Securities and HollisWealth have merged, creating a $40-billion IIROC platform