Latest news in Industry News

TSX proposes flat fee for retail market data

Plan aims to reduce the cost, complexity of providing data to retail clients

Brookfield looks to grow reinsurance business

Asset manager plans to create a new entity by paying a special dividend to Class A shareholders

man being rescued by lifeboat

Emergency benefits shouldn’t be seen as permanent, PM says

Support for hard-hit workers may not stick around post-pandemic, Trudeau said at an online event

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 to acquire Roosevelt Investment Group

Latest RIA acquisition adds US$2.7 billion in assets to CI’s wealth management business

  • By: IE Staff
  • November 11, 2020 November 11, 2020
  • 10:05
confused man

Boosting fixed-income returns with liquid alternatives

Advisors need to understand the strategies of the products they recommend

CI Investments rebrands as CI Global Asset Management

CEO Kurt MacAlpine says the move will enhance collaboration across CI’s investment organization

  • By: IE Staff
  • November 10, 2020 November 10, 2020
  • 12:51

Canaccord hits revenue record in Q2 2021

The firm reported net income attributable to common shareholders of $29 million

  • By: IE Staff
  • November 9, 2020 November 9, 2020
  • 12:27

In a breakup, who gets the Bitcoin?

Case raises the issue of whether to include crypto trading gains in income for determining child support

GMP Capital reports net loss after closing Richardson deal

Assets under administration increased in the third quarter

Earnings increase for IGM in Q3

Assets under management and advisement hit a new record

  • By: IE Staff
  • November 6, 2020 November 6, 2020
  • 11:12

Ontario government presents $187B pandemic-era budget

The government will spend $45 billion over the next three years to respond to the pandemic

House placed on coins Men's hand is planning savings money of coins to buy a home concept concept for property ladder, mortgage and real estate investment. for saving or investment for a house,

Ontario introduces home improvement tax credit for seniors for 2021

Refundable tax credit offers up to $2,500 for eligible home reno expenses

CI acquires another RIA, applies for NYSE listing

CEO says listing common shares on the NYSE “makes sense,” given CI’s rapid growth in the U.S.

  • By: IE Staff
  • November 5, 2020 November 5, 2020
  • 15:00
Financial stock exchange market display screen board on the street

TSX proposes new order type

Exchange seeks to allow anonymous "broker preferencing"

Great West Lifeco Q3 profit up 13 per cent

Insurer reached $826 million in net earnings for the quarter

Sun Life Q3 profit hits $750M amid pandemic

Insurer says acquisitions, digital offerings helped push profits higher

business woman esg

How Canadian business leaders are navigating election uncertainty

Regulatory changes, tariffs, immigration practices and tax policies should all be monitored

Ontario task force looks to boost industry competition

Walied Soliman, chair of the Ontario Capital Markets Modernization Taskforce, offered a preview of the task force’s final report on Wednesday

Profits grow for iA Financial in Q3

The firm reported earnings per common share of $2.03 for the quarter

  • By: IE Staff
  • November 4, 2020 November 4, 2020
  • 10:57

CI acquires majority stake in Houston-based RIA

Stavis & Cohen manages US$570 million in assets for HNW families

O’Toole calls for pause on CRA audits for businesses struggling due to Covid-19

The Liberals' latest relief provisions have been met with mixed reactions from business groups

mature woman with tablet

New planning tool from CIBC

Clients can access the tool through their online banking dashboard

  • By: IE Staff
  • November 3, 2020 November 3, 2020
  • 13:19

CPP maximum pensionable earnings for 2021 announced

The RRSP dollar limit has also been updated

  • By: IE Staff
  • November 3, 2020 November 3, 2020
  • 12:13
Canadian Parliament Building at Dusk

Bill introduced to provide businesses with direct access to rent relief

Program will cover up to 90% of eligible business expenses until Dec. 19

Income and gains on TFSA overcontributions can remain in account, CRA says

There are exceptions for cases of deliberate overcontributions or penalty waivers