Expenses, margins and provisions weighed on earnings
Insurance sales in Canada were up 28%
The rate is reviewed twice per year and is tied to the reserves of Canada's largest banks
Jamieson, the first Indigenous woman to earn a law degree, is also a member of the Deloitte Canada board
The central bank expects inflation to run above 3% for the rest of the year
Another GWL subsidiary, Irish Life, is acquiring Ark Life Assurance Company
Seniors aged 75 and older will receive the one-time payment in August
The province will axe regulatory fees for new businesses and cut an additional $30 million in “unnecessary regulatory burden”
Project Carbon aims to support a marketplace for carbon offsets with clear pricing and standards
Sales in Montreal were down 14% from May, while sales in Quebec City were down almost 18%