Canadian housing market faces lower risk of overheating: RBC
The frenzied pace of sales is starting to slow across the country
- By: Maddie Johnson
- August 31, 2021 August 31, 2021
- 13:35
Latest news in Industry News
B.C. only province back to pre-pandemic employment levels, report says
Taking population growth into account, CIBC says Canada's employment gap is around 650,000
- By: Daniel Calabretta
- August 30, 2021 August 30, 2021
- 15:05
Repay RDSP grants and bonds to eligible people, demand advocates
People who lost DTC eligibility under now-changed rules had to close their RDSPs and repay $34.4 million in grants and bonds
- By: Rudy Mezzetta
- August 30, 2021 August 30, 2021
- 11:25
Pandemic sparks worries for those nearing retirement, poll finds
More Canadians expect to outlive their savings
- By: Daniel Calabretta
- August 27, 2021 August 27, 2021
- 12:07
Federal government posts $12.7B deficit for June
The drop in the deficit came as spending dropped compared with a year ago
- By: The Canadian Press
- August 27, 2021 August 27, 2021
- 11:29
Liberals pledge to raise GIS
A qualifying senior couple would receive $750 more per year
- By: Melissa Shin
- August 27, 2021 August 27, 2021
- 10:58
Fed on track to slow aid for economy later this year
Chair Jerome Powell signalled the beginning of the end of the Fed's pandemic response in a Friday speech
- By: Christopher Rugaber, The Associated Press, The Associated Press
- August 27, 2021 August 27, 2021
- 10:39
Dilemma for Fed chief: High inflation and a surging virus
The decision for the U.S. central bank to dial back economic support becomes more complicated
- By: Christopher Rugaber, The Associated Press, The Associated Press
- August 26, 2021 August 26, 2021
- 14:29
CIBC chief Victor Dodig defends banking sector after Trudeau tax proposal
The bank's year-over-year income rose nearly 50% in Q3
- By: IE staff, with files from Canadian Press
- August 26, 2021 September 3, 2021
- 13:28
Richardson Wealth to adopt Fidelity Clearing’s advisor tech platform
The platform will provide custody, clearing and trade settlement services
- By: Maddie Johnson
- August 26, 2021 August 26, 2021
- 12:29
National Bank invests $103M in financial data company
The investment includes $30 million in growth capital
- By: Maddie Johnson
- August 26, 2021 August 26, 2021
- 11:58
Party leaders talk affordability in B.C., Ontario
Canada's political parties want to address the current cost of living crisis
- By: Mia Rabson, The Canadian Press, The Canadian Press
- August 25, 2021 August 25, 2021
- 16:34
National Bank says no-commission trading was years in the works
The bank wants to increase its client base for its direct brokerage
- By: The Canadian Press
- August 25, 2021 September 7, 2021
- 16:12
Liberals target banks, insurers with tax hike on profits over $1 billion
Big financial institutions would also have to pay a pandemic recovery dividend
- By: Mark Burgess
- August 25, 2021 September 20, 2021
- 15:28
CSA to host roundtable that tackles greenwashing
A virtual panel will examine a range of regulatory issues driven by the rise of ESG investing
- By: James Langton
- August 25, 2021 August 25, 2021
- 13:01
RBC’s third-quarter profit rises to $4.3B
RBC chief executive David McKay doesn't expect the Covid-19 Delta variant to halt current momentum
- By: IE staff, with files from Canadian Press
- August 25, 2021 August 25, 2021
- 11:42
National Bank beats Q3 profit expectations
The bank said its third-quarter profit rose to $839 million, up from $602 million a year ago
- By: IE staff, with files from Canadian Press
- August 25, 2021 August 25, 2021
- 11:16
Liberals promise new tax-sheltered account for downpayment savings
The First Home Savings Account would allow Canadians under 40 to save $40,000 toward a home purchase
- By: Rudy Mezzetta, The Canadian Press
- August 24, 2021 January 17, 2023
- 17:14
Bolstering green finance with blockchain
BIS project seeks to kickstart sustainable finance
- By: James Langton
- August 24, 2021 August 24, 2021
- 14:34
BMO reports third-quarter profits up, beats expectations
BMO's wealth management business earned $401 million in the quarter, up from $341 million a year ago
- By: The Canadian Press
- August 24, 2021 August 24, 2021
- 13:49
Scotiabank Q3 profit beats expectations as high deposit levels reduce risk
The bank cut its provisions for credit losses by 83% compared with a year ago
- By: Ian Bickis
- August 24, 2021 August 24, 2021
- 13:19
Ontario Teachers’ posts $8.6-billion mid-year gain
Total-fund net return of 9.6% since inception
- By: Maddie Johnson
- August 23, 2021 August 23, 2021
- 11:44
Most big banks to require office-bound workers to be fully vaccinated
The mandates at the banks follow announcements by Sun Life Financial Inc. and others
- By: Tara Deschamps, The Canadian Press, The Canadian Press
- August 20, 2021 August 20, 2021
- 11:07
British Columbia may end civil jury trials
All jury trials were temporarily suspended due to Covid-19, and civil cases remain halted until 2022
- By: James Langton
- August 19, 2021 August 19, 2021
- 15:22
AGF extends its private alternatives platform
The asset manager has a new private equity partnership with First Ascent Ventures
- By: IE Staff
- August 19, 2021 August 19, 2021
- 12:34