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Reducing regulation for fund issuers can help advisors and clients, industry says

Comment letters from Advocis and others highlight the issues

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Power Corp. restructures as Desmarais brothers retire

Power Financial Corp. head R. Jeffrey Orr will become president and CEO of Power Corp.


Manulife Investment appoints new head of real estate asset management

He was most recently at Starlight Investments

  • By: Staff
  • December 13, 2019 December 13, 2019
  • 11:01

Directors announced for Federation of Mutual Fund Dealers

The board includes members from FundEX, Sterling Mutuals and Aviso Wealth

  • By: Staff
  • December 13, 2019 December 13, 2019
  • 10:48
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Financial literacy lacking among U.S. investors: survey

Two-thirds of survey respondents failed basic quiz on investing

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Client-focused reforms receive Ontario government approval

Amendments include changes to suitability, know-your-client, conflict of interest and disclosure provisions

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RBC selling banking operations in Eastern Caribbean

It's the latest Canadian bank to sell business units operating in the region


CSA promises SRO review for 2020

Talk of merging the SROs has surfaced repeatedly over the years

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Mackenzie Investments names new chief economist and SVP

Todd Mattina returns to the firm after a stint at IMCO

  • By: Staff
  • December 11, 2019 December 11, 2019
  • 17:01
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Why markets in 2020 will require a tactical, diversified approach

Investment and economic experts share their insights on what to expect from the year ahead

  • By: Katie Keir
  • December 11, 2019 December 11, 2019
  • 13:06
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Who leads in small business banking?

A survey by the Canadian Federation of Independent Business holds the answer

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FSRA transfer of syndicated mortgage oversight delayed until July

The plan to transfer oversight of the sector to the OSC was first announced in 2017

  • By: Staff
  • December 11, 2019 December 11, 2019
  • 12:11
Securities and Exchange trending up

Bigger buffer for banks could mean smaller payouts for shareholders: report

DBRS weighs in on the increase to the domestic stability buffer


Brokerage E&O insurance could help fix unpaid arbitration, report says

Requiring brokerage firms to disclose whether they have E&O insurance could enhance investor protection

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Wellington-Altus acquires Calgary-based investment manager

With the addition of TriVest Wealth Counsel Ltd., Wellington-Altus will launch a private counsel subsidiary

  • By: Staff
  • December 11, 2019 December 11, 2019
  • 11:50

Duo settles insider trading and tipping charges with BCSC

One man reportedly tipped his friend to his company’s financial results

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Moody’s has stable outlook for Canadian banks

But high household debt remains a risk

Portrait of confused businessperson thinking of innovative idea at grey wall.

Survey finds aspiring investors don’t know how to access advice

Sixty per cent of respondents said they weren’t confident in their ability to make investment decisions

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Man gets prison sentence for Bitcoin trading scheme

As part of the fraud, the man posed as a certified general accountant

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Moody’s says outlook stable for life insurance sector

The rating agency says the sector has adapted to the current low-rate environment

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Manulife Investment Management announces changes to Canadian fixed income team

Terry Carr and Hosen Marjaee are retiring next year

  • By: Staff
  • December 10, 2019 December 10, 2019
  • 11:54
Toronto skyline in financial district

Canada’s big banks need a bigger buffer: OSFI

The regulator cited elevated risks to the banking system in raising the domestic stability buffer to 2.25%

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IFIC asks CSA to reconsider fund disclosure rules

In a submission, the industry group said investor disclosure documents have made the existing regime redundant

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Diversification or domination? Report warns of big tech’s impact on the financial sector

The FSB says a small number of firms could come to dominate financial services

Multiethnic couple considering investment real estate purchase consulting realtor, interracial family listening attentively to mortgage broker thinking of getting bank loan for buying new home house

Visible minorities have less access to investments, report finds

A new report looks at the financial impact of racism beyond jobs and wages