Powell plans to stay on at Fed after his term as chair ends
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
Latest news in Industry News
Corient plans expansion into Canada
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
- By: IE Staff
- April 29, 2026 April 29, 2026
- 13:50
Foreign direct investment in Canada up 6.9% in 2025
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
- By: Jonathan Got
- April 29, 2026 April 29, 2026
- 12:46
Newfoundland and Labrador budget projects $688-million deficit
The budget forecasts a net debt of $20.8 billion by the end of the 2026-27 fiscal year
- By: Sarah Smellie, Canadian Press
- April 29, 2026 April 29, 2026
- 10:58
Kevin Warsh heads to full Senate vote after Trump’s nominee for Fed Chair is approved in committee
All Republican senators voted in favour and Democrats opposed
- By: Christopher Rugaber, The Associated Press
- April 29, 2026 April 29, 2026
- 10:54
Deficit falls to $66.9B for 2026 spring economic update
Lower CPP contributions, an extended first time home buyers’ plan grace period and other tax measures tabled in Ottawa
- By: Jonathan Got
- April 28, 2026 April 28, 2026
- 17:17
CFIB urges feds to support succession planning for small biz
Ahead of spring economic statement, small business group calls for measures to counter shrinking entrepreneurship
- By: Michelle Schriver
- April 27, 2026 April 27, 2026
- 15:41
Tech roundup: Two banks launch AI initiatives
Plus, other software updates and a partnership
- By: Jonathan Got
- April 24, 2026 April 23, 2026
- 09:00
New Brunswick sets goal of boosting economy by 10% by 2030
It also wants to increase labour productivity by 3.3%
- By: Eli Ridder, The Canadian Press
- April 23, 2026 April 23, 2026
- 16:01
Prescribed rate to remain 3% in Q3 for fifth consecutive quarter
Interest rate on overdue tax will remain 7% in Q3
- By: IE Staff
- April 22, 2026 April 22, 2026
- 14:18
Homeowners buy more term coverage in their 20s and 40s
Term policies can have advantages over mortgage insurance
- By: Jonathan Got
- April 22, 2026 April 22, 2026
- 09:00
Trump picks a University of Minnesota professor to lead his economic council
Christopher Phelan's resume suggests a keen interest in the operations of central banks
- By: Josh Boak, The Associated Press
- April 21, 2026 April 21, 2026
- 16:31
Blue Owl to acquire REIT in US$2.4B cash deal
Deal offers 19% premium to Sila Realty Trust trading price on Friday
- By: Noushin Ziafati
- April 20, 2026 April 20, 2026
- 14:46
Anthropic’s Mythos shows need to ‘come to grips’ with AI risks: Macklem
The BoC governor says technology's evolving abilities underscore importance of cybersecurity
- By: Craig Lord, The Canadian Press
- April 17, 2026 April 17, 2026
- 15:45
Wealthsimple’s new X partnership brings opportunities and risks, experts say
Arrangement could encourage more or riskier trades, critics say
- By: Tara Deschamps, The Canadian Press
- April 17, 2026 April 17, 2026
- 12:51
RBC, Scotiabank pull back on climate goals
The banks are dropping their interim emission reduction targets due to various factors
- By: The Canadian Press
- April 16, 2026 April 17, 2026
- 16:48
First Capital’s $9B portfolio to be divided between Choice Properties, KingSett
The deal comes amid signs of renewed optimism in Canadian real estate: KingSett head
- By: Ian Bickis, The Canadian Press
- April 16, 2026 April 16, 2026
- 15:01
FP Canada, Institute of Financial Planning update guidelines on expected returns, add shelter projection
Projected returns slightly lower for equities, fixed income compared to last year's guidelines
- By: IE Staff
- April 16, 2026 April 16, 2026
- 14:47
Sun Life discounts term, perm, CI policies
Offers end July 31, and policies must be in force for one year to be eligible
- By: Jonathan Got
- April 16, 2026 April 16, 2026
- 14:41
No automatic interest relief for trusts complying with retroactive AMT change
With reduced deduction of investment counsel fees, many trusts need to amend tax returns
- By: Michelle Schriver
- April 16, 2026 April 16, 2026
- 12:07
WISE Trust Pension Plan earned net annual return 8.1% in 2025
The result helped boost its net AUM to $4.8B at the end of the year
- By: The Canadian Press
- April 16, 2026 April 16, 2026
- 09:25
IA transitions new life applications to new platform
Existing policies to remain in legacy system
- By: Jonathan Got
- April 15, 2026 April 15, 2026
- 15:50
Canada Life’s updated par lineup ‘aligns incentives’
Higher renewal comp, longer chargeback schedule aim to match advisor incentives to client interests
- By: Jonathan Got
- April 15, 2026 April 16, 2026
- 13:27
P.E.I. government tables budget with record $410M deficit
That's more than double the $184M deficit the government tabled last spring
- By: Devin Stevens, The Canadian Presss, IE Staff
- April 15, 2026 April 15, 2026
- 09:55
Liberals to table spring economic statement on April 28
The update will factor in promises made since the fall, including a boost to the GST benefit
- By: Craig Lord, The Canadian Press
- April 14, 2026 April 14, 2026
- 16:02