CRA says “rare” error in some tax slips lists repaid CERB as taxable
The agency says it’s aware of some tax slips that wrongly list portions of repaid benefits as taxable income
- By: The Canadian Press
- March 2, 2021 March 2, 2021
- 12:53
Latest news in Industry News
Vancouver home sales up 73% year over year, market shifts in favour of sellers
Low interest rates remain a key driver of home sales
- By: The Canadian Press
- March 2, 2021 March 3, 2021
- 12:47
Fiera sells rights to manage US$1.9B emerging markets fund
The move comes as part of a strategic review of Fiera's U.S. operations
- By: IE Staff
- March 2, 2021 March 5, 2021
- 12:04
CFA Institute’s ESG product standards will build on current frameworks
The new standards will "weave together" ESG developments from around the world, says Brian Minns
- By: Katie Keir
- March 2, 2021 March 2, 2021
- 11:56
Canadian economy contracted 5.4% in 2020, worst year on record
Total economic activity in December was about 3% below the pre-pandemic level in February 2020
- By: The Canadian Press
- March 2, 2021 March 2, 2021
- 10:24
Pensions seek clear strategies, lower costs through in-house management
A CIBC Mellon survey shows pension funds plan to manage more assets internally
- By: Mark Burgess
- March 1, 2021 March 1, 2021
- 14:16
Federal deficit reaches $248.2B three-quarters into fiscal 2020-21
That compares with a deficit of $11 billion over the same period a year earlier
- By: The Canadian Press
- February 26, 2021 February 26, 2021
- 11:48
Earnings increased for CWB in Q1
The bank’s wealth management division saw a significant year-over-year increase in AUM
- By: IE Staff
- February 26, 2021 February 26, 2021
- 11:38
CPP Investments CEO resigns after travelling for Covid-19 vaccine
John Graham has replaced Mark Machin following events that "unfolded very quickly"
- By: Tara Deschamps, The Canadian Press, The Canadian Press
- February 26, 2021 February 26, 2021
- 09:11
TD reports Q1 profit up from year ago
Despite beating expectations, the bank's stock fell about 2.5% in midday trading
- By: Anita Balakrishnan, The Canadian Press
- February 25, 2021 February 25, 2021
- 14:24
Mortgage market, cash back credit cards boosted CIBC’s Q1 profit
The bank also reported record flows into its mutual fund sales business
- By: Anita Balakrishnan, The Canadian Press
- February 25, 2021 February 25, 2021
- 12:24
Earnings down for Empire Life in Q4
Declines in wealth management were partially offset by gains in individual insurance
- By: IE Staff
- February 25, 2021 February 25, 2021
- 12:04
Royal Bank reports Q1 profit up from year ago, beats expectations
Wealth management results were "very impressive," analyst says
- By: Anita Balakrishnan
- February 24, 2021 February 24, 2021
- 15:54
National Bank reports Q1 profit that tops expectations
Profit in wealth management was up 20% year over year
- By: Anita Balakrishnan
- February 24, 2021 February 24, 2021
- 15:52
Fed is in no hurry to raise interest rates, Powell says
Financial markets rebounded following the central banker’s comments
- By: Martin Crutsinger
- February 24, 2021 February 24, 2021
- 14:59
RBC, National Bank report Q1 profits that beat expectations
Banks are in a better position than before the pandemic, earnings suggest
- By: The Canadian Press
- February 24, 2021 February 24, 2021
- 10:25
Bank of Canada monitoring hot housing market amid early warning signs: Macklem
The head of the central bank warns of “excess exuberance” in the housing market
- By: The Canadian Press
- February 23, 2021 February 23, 2021
- 16:17
U.S. consumer confidence rises for second straight month
But consumers are more optimistic about current conditions than they are about the near future
- By: Matt Ott, The Associated Press
- February 23, 2021 February 23, 2021
- 13:07
RRSP contributions remain steady despite Covid-19, advisors say
Increased savings and a hot market mean many advisors are managing client FOMO
- By: Derek Clouthier
- February 23, 2021 February 23, 2021
- 13:03
Macklem points to child care, education to help ease protracted employment recovery
Making child care more affordable would help women return to the labour force, the BoC governor says
- By: The Canadian Press
- February 23, 2021 February 23, 2021
- 12:40
CLHIA calls on feds to allow annuities in TFSAs
The association’s pre-budget submission also asks the government to consider 20-year bonds
- By: Mark Burgess
- February 23, 2021 February 23, 2021
- 12:27
Hackathon targets global payments system
The BIS Innovation Hub and SWIFT are co-hosting a competition on cross-border payments
- By: James Langton
- February 23, 2021 February 23, 2021
- 12:00
IIAC calls for Hall of Fame nominations
Details on the celebration of this year’s inductees will be announced at a future date
- By: IE Staff
- February 23, 2021 February 23, 2021
- 11:51
Recovery incomplete, high inflation unlikely, Powell says
The Fed chair’s comments are in contrast to the increasing optimism about an economic rebound
- By: Christopher Rugaber, The Associated Press, Martin Crutsinger
- February 23, 2021 February 23, 2021
- 11:15
Scotiabank beats expectations in Q1
The bank recorded a first-quarter profit of almost $2.4 billion
- By: Anita Balakrishnan
- February 23, 2021 February 23, 2021
- 10:38