Barclays analyst predicts Winnipeg-based insurer will deploy capital to strategic growth avenues
Rent and mortgage costs led to the first increase in the annual rate since it peaked at 8.1% in June 2022
The year-over-year sales decline was markedly smaller than the drops reported in recent months
Participating life helps drive Canadian insurance sales, but wealth sales drop 23%
Within wealth management, retail net inflows dropped 80%
Wealth management and individual insurance sales dropped at iA Financial
A large drop in imports was led by reductions in pharmaceuticals
Both the Competition Bureau and OSFI are reviewing the transaction, which requires approval from the finance minister
In another measure aimed at vulnerable Canadians, the CRA will pilot automatic tax filing in 2024
The province is also increasing the maximum age for applying for a retirement pension to 72 from 70