Latest news in Industry News

Laurentian, CWB report drop in Q4 profit

Both banks beat earnings expectations

Swiss National Bank tests digital currency

SNB joins BIS, SIX in test of blockchain-based wholesale digital asset

TD Bank beats expectations in Q4

The bank earned $5.14B in the fourth quarter

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Tea and Chris Nicola to depart CI Direct Investing

Couple founded robo-advisor WealthBar in 2014

CIBC to focus on winning market share in personal and small biz banking

The bank reported $1.02B in profit in the fourth quarter

RBC and National Bank report Q4 earnings

Dave McKay told analysts Wednesday that the economy could still suffer some blows

Feds plan to issue first green bond next year

Canada's debt issuance has shifted to T-bills and long-term bonds

Mackenzie Financial to acquire Greenchip

Greenchip is an environmental investment manager focused on energy transition

  • By: IE Staff
  • December 1, 2020 December 1, 2020
  • 12:20

Nasdaq seeks mandatory rule on board diversity for companies

Corporate boards are overwhelmingly white and male

Statistics Canada says economy grew at a record pace in third quarter of 2020

Loosened public health restrictions allowed businesses to reopen

Scotiabank CEO ‘cautiously optimistic’ about Covid rebound, reports $1.9B Q4 profit

The bank was weighed down by support it offered through mortgage, credit card and personal loan programs

BMO Financial Group reports Q4 profit climbed to nearly $1.6B, beats expectations

The bank has announced its capital markets energy business will now focus only on the Canadian energy sector

Updated: Government moves ahead with relief for RDSP holders who lose DTC eligibility

Changes take effect Jan. 1, 2021

woman at laptop

Feds to allow up to $400 for home office expenses

A proposal in the fall economic statement aims to provide a simplified claim process

Canadian Parliament Building at Dusk

Employee stock option changes to take effect July 1

CCPCs and employers with annual gross revenues of $500 million or less will be excluded

Deficit could hit $400B, according to fall economic statement

Finance Minister Freeland's update includes no specific "fiscal anchor"

Women on boards jump 30% in last six years

More than one-third of appointments to large company boards since have gone to women since "comply or explain" mandate came into effect, finds KPMG

S&P Global buys IHS Markit in $44B deal joining data companies

Data collection has become pivotal on Wall Street as algorithms and high-speed trading overtake traditional stock picking

CRA assesses nearly $60 million under offshore tax informant program

Informants receive between 5% and 15% of tax collected as a result of tips

Provinces push for delay in planned CPP premium bump

The details were in a letter sent to Finance Minister Chrystia Freeland two days ago

Bitcoin rally ends

The cryptocurrency's price pulled back following news of possible regulation

Statistics Canada says number of business closures edged lower in August

The number of Covid-19 cases was far lower in August than in recent weeks

As economy struggles, Fed weighs boosting bond purchases

Since June, the Fed has been buying $120 billion in bonds each month

Pension managers call for strengthened ESG disclosure by companies

A group of eight managers wants to foster more sustainable and inclusive growth

Alberta finance minister says outlook improves but budget deficit will be $21.3 billion

The updated revenue forecast for the province is almost $3 billion higher than the previous quarter