The chief operating officer will take the top job on Nov. 1
The sale is expected to close in the fourth quarter of this year
The deal is expected to close in the first half of 2022
July's job gains were seen primarily in Ontario and in the service sector
The average home price continued to climb
Global wealth and asset management net inflows reached $8.6 billion
Canada was the biggest contributor to net profits in the quarter
MassMutual business contributed to the results
The average price of a home was $488,501
Minister Freeland said the government is also freezing rates for the wage and rent subsidies at current levels