BMO's wealth management business earned $401 million in the quarter, up from $341 million a year ago
Mortgage debt, however, rose by a record $99.6 billion
The mandates at the banks follow announcements by Sun Life Financial Inc. and others
The preliminary estimate for July, however, suggests sales may have dipped last month
The social media platform aims for hassle-free online transactions and more monetization features
Headline inflation hit 3.7% in July — the highest year-over-year increase since 2011
The board's net assets for the quarter ended June 30 totalled $519.6 billion
The corporate tax rate would also go to 18%
The province is putting an additional $2.2 billion toward Covid-19 spending
The asset manager reported US$816 million, or 49 cents per share, in net income