Staff, with files from The Canadian Press

The Canadian Press is a national news agency headquartered in Toronto and founded in 1917.

Manulife cuts 250 jobs in investment management division

Manulife cuts 250 jobs in investment management division

Firm is the latest to trim staff as economic uncertainty weighs

By Staff, with files from The Canadian Press | November 14, 2023

1 min read

Great-West Lifeco sees base earnings rise in Q3 to $950 million

Great-West Lifeco sees base earnings rise in Q3 to $950 million

Individual wealth management had net outflows of $427 million

By Staff, with files from The Canadian Press | November 9, 2023

2 min read

Freeland to table Liberals’ fall economic statement Nov. 21

Freeland to table Liberals’ fall economic statement Nov. 21

The finance minister has promised that the fiscal update will focus on housing and affordability

By Staff, with files from The Canadian Press | November 9, 2023

1 min read

Manulife reports profit of $1B in Q3, supported by growth in Asia

Manulife reports profit of $1B in Q3, supported by growth in Asia

The quarter also saw net outflows, lower AUM

By Staff, with files from The Canadian Press | November 9, 2023

2 min read

Desjardins lays off 400, but advisors unaffected

Desjardins lays off 400, but advisors unaffected

The announcement comes a day after Scotiabank said it was cutting 3% of its global workforce

By Staff, with files from The Canadian Press | October 19, 2023

1 min read

Retail sales up 0.3% in July

Economic Indicators

Retail sales up 0.3% in July

Data reinforces the BoC's decision to hold rates, economist says

By Staff, with files from The Canadian Press | September 22, 2023

1 min read

Canadians turn to credit cards as many face payment shock

Economic Indicators

Canadians turn to credit cards as many face payment shock

Total household debt reached $2.3 trillion in Q2, up 4.2% from last year

By Staff, with files from The Canadian Press | August 29, 2023

2 min read

Survey reveals age divide in use of AI for finances

Survey reveals age divide in use of AI for finances

Many who remain skeptical may be using the technology already

By Staff, with files from The Canadian Press | August 28, 2023

1 min read

Home sales see largest annual rise in two years

Economic Indicators

Home sales see largest annual rise in two years

Housing markets have settled down in recent months with prices moderating

By Staff, with files from The Canadian Press | August 15, 2023

2 min read

TD Bank Group says Schwab stake expected to add $182M in profit for Q3

TD Bank Group says Schwab stake expected to add $182M in profit for Q3

The bank's financial results will be released Aug. 24

By Staff, with files from The Canadian Press | July 19, 2023

1 min read

DB pension plans improve in second quarter

DB pension plans improve in second quarter

Increases in bond yields helped reduce plan liabilities

By Staff, with files from The Canadian Press | July 4, 2023

3 min read

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