Alterna to merge Member Savings Credit Union
Member Savings offers banking services to LCBO employees
- By: Rudy Mezzetta
- October 21, 2020 October 21, 2020
- 15:46
Latest news in Industry News
U.K. government borrowing hits record
Covid-19 is battering public finances
- By: The Associated Press
- October 21, 2020 October 21, 2020
- 15:13
Comparing personal taxes based on the U.S. election’s outcome
Biden is campaigning on making the wealthy pay more
- By: Michelle Schriver
- October 21, 2020 October 21, 2020
- 13:19
Top Canadian hedge fund returns 16% over 10 years
Alternative IQ hosted its annual awards for the industry on Tuesday
- By: IE Staff
- October 21, 2020 October 21, 2020
- 11:34
Overcoming Alberta’s financial hurdles
Covid-19 and low oil and gas prices pose challenges for Albertans looking to invest
- By: Derek Clouthier
- October 20, 2020 October 20, 2020
- 14:02
CI closes deal for majority stake in Aligned Capital
Aligned has $10B in assets and over 200 advisors
- By: Rudy Mezzetta
- October 20, 2020 October 20, 2020
- 09:30
Brookfield Asset Management to buy 19.9% stake in American Equity
The U.S. firm specializes in fixed index annuities
- By: The Canadian Press
- October 19, 2020 October 19, 2020
- 10:37
As stresses ease, Bank of Canada curtails supports
The central bank will wind up liquidity programs and reduce repo operations
- By: James Langton
- October 15, 2020 October 15, 2020
- 16:52
Ontario allows probate applications by email
The change is meant to address "perennial" backlog issues
- By: Rudy Mezzetta
- October 15, 2020 March 19, 2021
- 15:43
Sprucing up trading at the close
TSX consults on proposals to modernize MOC facility
- By: James Langton
- October 15, 2020 October 15, 2020
- 12:57
CREA reports Canadian home sales set record for September
Sales were up 45.6% from last year
- By: The Canadian Press
- October 15, 2020 October 15, 2020
- 10:08
Morgan Stanley 3Q profit rises 25%, helped by trading
The investment bank benefited from market rebounds in the summer
- By: Ken Sweet, The Associated Press
- October 15, 2020 October 15, 2020
- 10:01
ISS to boost Canadian board diversity benchmarks
Firm plans to set 30% as new standard for female board representation
- By: James Langton
- October 14, 2020 October 14, 2020
- 16:51
Grayhawk hires private banker to lead Quebec biz
The family office firm recently announced a deal with Sagard Holdings
- By: Rudy Mezzetta
- October 14, 2020 October 14, 2020
- 14:58
Poor nations get extension to repay debt
The G20 suspends debt repayments until June 2021
- By: Martin Crutsinger and Aya Batrawy, The Associated Press
- October 14, 2020 October 14, 2020
- 14:01
Bank of America profit falls 15.6% in third quarter
Low interest rates cut into the U.S. bank's earnings
- By: Ken Sweet, The Associated Press
- October 14, 2020 October 14, 2020
- 10:37
Goldman Sachs profits beat expectations
The U.S. bank's earnings jumped sharply in Q3, fuelled by trading, less in loan-loss provisions
- By: Ken Sweet, The Associated Press
- October 14, 2020 October 14, 2020
- 10:26
Wells Fargo posts $2B profit in Q3, reversing Q2 loss
The result is less than half what the U.S. bank made in last year's third quarter
- By: Matt Ott, The Associated Press, The Associated Press
- October 14, 2020 October 14, 2020
- 10:07
Wealthsimple raises $114 million in financing round
Canadian fintech reaches "unicorn" status with a valuation of $1.4 billion
- By: IE Staff
- October 14, 2020 October 14, 2020
- 09:51
Scotiabank sells its operations in Antigua and Barbuda
The sale involves two branches and fewer than 75 employees
- By: IE Staff
- October 13, 2020 October 13, 2020
- 16:41
Liberals revamp rent relief for businesses hit by Covid-19, expand loan program
The move comes after the country added 378,000 jobs in September
- By: IE staff, with files from Canadian Press
- October 9, 2020 October 9, 2020
- 15:39
NDP calls for excess profit tax
Jagmeet Singh is urging the government to at least double the tax rate on companies’ excess profits
- By: Greg Dalgetty
- October 9, 2020 October 9, 2020
- 11:16
TDAM loses bid to block class action
The Ontario Divisional Court has rejected TDAM’s leave to appeal an earlier ruling
- By: IE Staff
- October 9, 2020 October 9, 2020
- 10:23
JPMorgan puts $30B toward fixing banking’s systemic racism
The U.S. bank will extend billions in loans to Black and Latino homebuyers and business owners
- By: Ken Sweet, The Associated Press
- October 9, 2020 October 9, 2020
- 10:10