Blackstone buys Toronto rental development company
Tricon Residential will go private in a US$3.5-billion deal
- By: The Canadian Press, IE Staff
- January 19, 2024 January 19, 2024
- 09:59
Tricon Residential will go private in a US$3.5-billion deal
Tepid performance as well as regulatory and political factors cooled U.S. investors' appetites
First phase of reforms to take effect Sept. 28
Alongside Macoun's pending exit from Canada Life were changes at Wellington-Altus, Broadridge Financial and more
Adjusted net income estimated to drop 30% from previous year
Plus, the income products keep coming
Employment readings largely stable to close 2023
Regulators seek to codify initial investment restrictions, custody provisions
New practice aims to differentiate with therapeutic approach to planning
One in four deferred investing to pay down debt amid high interest rates, according to a survey
IOSCO, Basel Committee recommendations target non-central clearing markets
Real GDP in China grew by 5.2% last year but is expected to slow in the year ahead, Desjardins says
Meanwhile, the U.S. stock market held relatively steady near its records
Paper calls for guardrails against negative side effects of digital innovation
Asset performance to weaken as growth slows and inflation, rates face pressure
Shell companies, crypto exchange processed US$470 million in drug money
In series of legal filings, regulator claims exclusive jurisdiction
Project designed to avoid creating needless burden with new regime
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
Powell has signalled he could stay on Fed board after term as chair ends May 15
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
Plus, a new gold bullion mutual fund and a slew of product lineup changes
Clarity for clients makes it easier to shop across carriers
At the same time, both fund types recorded positive net sales