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Canadian money

There’s $149 million in B.C.’s lost and found

A non-profit agency has reported a surge in people seeking unclaimed assets

Close up business man signing contract making a deal, classic business

Cidel Asset Management to acquire fixed income manager

Lorica Investment Counsel is a specialty bond manager focused on the Canadian market

  • By: Staff
  • May 10, 2021 May 10, 2021
  • 15:27
ESG investing

Amid concerns about greenwashing, regulators push for global sustainability standards

IOSCO sees support for mandatory global green reporting

Securities and Exchange trending up

RF Capital reports net loss, record AUA in first full quarter after consolidation

The firm will unveil a new growth strategy later this month

Aging and incapacity

As the world shakes off Covid-19, a bigger economic threat looms

The global economy is facing population trends that will hamper growth for years to come

shot of store closed sign

Financial fallout from Covid-19 hard to judge with government supports in place

The Bank of Canada warned of "zombie firms" as the pandemic drags on

ALVAREZ / ISTOCKPHOTO

CI acquires US$5.1B San Diego-based RIA

The deal for Dowling & Yahnke is CI Financial's second-largest RIA acquisition to date

Gavel

OSC seeks to extend cease trade in BFI case

The regulator has asked for extension to Aug. 12 while its investigation continues

A calculator and pen on financial papers

IGM Financial reports record-high Q1 earnings

AUM and AUA were also up, for the quarter and compared with March 2020

  • By: Staff
  • May 7, 2021 May 7, 2021
  • 15:32
Toronto skyline in financial district

Ontario joins DSC ban

The province changed its position based on “overwhelming” support for a harmonized ban

Solution

U.S. job growth slowed sharply in April

The recovery of America's job market hit a pause last month

Close up of a finance graph on an office desk UP

GWL reports ‘solid’ Q1 earnings

Also, GWL subsidiary Canada Life describes its new distribution platform for advisors

Forest of tall white aspen trees in Banff National park, Canada

Green disclosures likely to shift banks’ lending and investing: Fitch

Banks may face funding pressure due to new green asset disclosure documents

Unemployment jumps in April

Canada's unemployment rate jumped to 8.1% as the country posted 207,000 job losses in April, according to StatsCan

Fed warns U.S. financial system remains vulnerable

Rising global interest rates pose a threat to the U.S. financial system, the Fed said in a recent report

BoE predicts best year for U.K. economy since WWII

The bank is projecting economic growth of 7.25% for the U.K. in 2021

BoC put 2009 crisis lessons to work during the pandemic

Quantitative easing and collateral flexibility helped avert payments system stress last year

Fiera reports $23-million profit in first quarter

The firm was managing $172.9 billion in assets on March 31

  • By: Staff
  • May 7, 2021 May 7, 2021
  • 13:00

What KYP reforms mean for advisors

Experts at an InvestorCOM webinar discussed how firms are preparing for the client-focused reforms

Crypto ETFs hit $2.5B in AUM in April

The month saw 14 crypto fund launches, for a total for 21 product launches in the ETF space

  • By: Staff
  • May 4, 2021 May 4, 2021
  • 17:49

Evolve to launch FANGMA ETF this week

The fund offers exposure to six technology giants

  • By: Staff
  • May 3, 2021 May 3, 2021
  • 10:55

Invesco renames QQQ ETF

The fund company also announced changes to the ETF's management fee

  • By: Staff
  • April 29, 2021 April 29, 2021
  • 11:51