PM tells Freeland to spend as needed until crisis ends
Mandate letter tells minister to use “whatever fiscal firepower” is necessary while also avoiding “new permanent spending”
- By: Jordan Press
- January 15, 2021 January 15, 2021
- 15:12
Latest news in Industry News
JPMorgan’s profits jump as economy, investment bank recovers
U.S. bank's year-over-year profit jumped 42%
- By: Ken Sweet, Associated Press
- January 15, 2021 January 15, 2021
- 12:19
Wells Fargo Q4 earnings top Street estimates
The bank's profit rose 4% during the final quarter of the year
- By: Matt Ott, The Associated Press, Associated Press
- January 15, 2021 January 15, 2021
- 12:00
Biden unveils $1.9T plan to stem Covid-19 and steady economy
The plan includes an additional $1,400 for most Americans
- By: Ricardo Alonso-Zaldivar, Bill Barrow, Associated Press
- January 15, 2021 January 15, 2021
- 10:42
Powell signals Fed will keep aiding economy with bond buying
The measure aims to encourage consumers and businesses to borrow and spend
- By: Christopher Rugaber, The Associated Press
- January 14, 2021 January 14, 2021
- 15:52
U.S. exchanges scrap political contributions
Donations halted in response to attack on U.S. Capitol
- By: James Langton
- January 14, 2021 January 14, 2021
- 12:06
Online platform adds children’s life insurance to its shelf
PolicyAdvisor.com offers children's whole life policies in three amounts
- By: IE Staff
- January 14, 2021 January 14, 2021
- 11:47
MD Financial and Scotiabank partner with women physicians
FMWC promotes the professional, social and personal development of female physicians in Canada
- By: IE Staff
- January 13, 2021 January 13, 2021
- 10:31
Nicola Wealth partners with Stallion Financial
The merger reflects Nicola's strategy to expand nationwide
- By: IE Staff
- January 12, 2021 January 12, 2021
- 15:34
U.S. job openings down in most industries, while layoffs spike
Layoffs soared by 17.6% in November, driven by job cuts at restaurants, bars and hotels
- By: Christopher Rugaber, The Associated Press
- January 12, 2021 January 12, 2021
- 11:51
California fraudsman gets 10 years for $147M global investment scam
Some 72,000 victims invested in a scam of “epic proportions”
- By: Associated Press
- January 12, 2021 January 12, 2021
- 10:16
Feds change sick leave benefit, applicants required to say if they travelled
The government did not say how it plans to identify people who have travelled
- By: Lee Berthiaume
- January 12, 2021 January 12, 2021
- 10:06
CRA sending T4As to residents who received Covid relief benefits
Slips are being sent to recipients of CERB, CRB, CRSB and other benefit programs
- By: IE Staff
- January 12, 2021 January 12, 2021
- 09:57
Canada Life launches fund management company
Canada Life Investment Management began operations on Jan. 1
- By: IE Staff
- January 8, 2021 January 7, 2021
- 08:00
Harbourfront expands into Yukon, N.L.
The independent advisory firm is now registered in every province except Nunavut
- By: IE Staff
- January 7, 2021 January 7, 2021
- 15:57
U.S. services sector grows for seventh consecutive month
Out of 18 service sector categories, 14 reported growth in December
- By: Matt Ott, The Associated Press, Associated Press
- January 7, 2021 January 7, 2021
- 15:24
Ontario students push teachers to pressure pension fund to divest from fossil fuels
Coalition demands pension phase out oil and gas investments by 2025
- By: Canadian Press
- January 7, 2021 January 7, 2021
- 15:13
Raymond James adds sustainability investment team
Veteran investment banker Jimmy Leung will lead the new group
- By: IE Staff
- January 6, 2021 January 6, 2021
- 13:42
CI launches new private markets product for HNW clients
New product developed in partnership with U.S.-based asset manager Adams Street Partners
- By: Rudy Mezzetta
- January 6, 2021 January 6, 2021
- 12:00
Canada Life to manage TD Future Builder program
The program consists of roughly 1,800 group plans
- By: IE Staff
- January 5, 2021 January 5, 2021
- 11:09
BMO Financial Group sells private banking business in Hong Kong and Singapore
The deal is expected to close during the first half of 2021
- By: Canadian Press
- January 5, 2021 January 5, 2021
- 10:03
Calgary sees highest December home sales since 2007 amid 40% buying surge
The second wave of Covid-19 restrictions have so far not hampered real estate sales
- By: Canadian Press
- January 4, 2021 January 4, 2021
- 15:20
Brookfield makes offer to take Brookfield Property Partners private
The asset manager is offering US$5.9 billion to acquire the remaining stake in the real estate firm
- By: Canadian Press
- January 4, 2021 January 4, 2021
- 10:11
Fiera Capital selling a pair of U.S. operations in two separate deals
The moves follow a strategic review of the company's private wealth operations in the U.S.
- By: Canadian Press
- January 4, 2021 January 4, 2021
- 10:01