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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

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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


CI acquires US$5.1B San Diego-based RIA

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


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

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GWL reports ‘solid’ Q1 earnings

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

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

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

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BoC put 2009 crisis lessons to work during the pandemic

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

Recession of stock market

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
Executives are discussing the financial results of the Company for the marketing plan.

What KYP reforms mean for advisors

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


IAP faces a long list of investor issues in 2021

The OSC advisory group will focus on SRO reform, among other issues, in the coming year

11119737 - in the spotlight featuring concept for the theater stage with glowing lights on red velvet cinema curtain and drapes representing the entertainment communications concept of an important announcement in a rich cinema and theatrical environment.

Desjardins appoints new chief economist

Jimmy Jean succeeds François Dupuis, who is retiring after more than 30 years with Desjardins

  • By: Staff
  • May 6, 2021 May 6, 2021
  • 14:16
Moving boxes in new house. Real estate concept.

Covid-19 immunity will moderate pace of home prices by 2023: CMHC

Home prices could increase by 14% by the end of the year, said the federal agency

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iA Financial sees strong profit growth in Q1

The firm saw record gross sales of seg funds and mutual funds in the quarter

  • By: Staff
  • May 6, 2021 May 6, 2021
  • 13:25
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Canadian firms risk missing out on young investors: study

J.D. Power ranked wealth management firms based on investor satisfaction

  • By: Staff
  • May 6, 2021 May 6, 2021
  • 13:10

Borden Ladner Gervais acquires AUM Law

The deal will allow BLG to expand and automate its regulatory compliance services

  • By: Staff
  • May 6, 2021 May 6, 2021
  • 12:19
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Manulife Financial reports strong earnings for Q1

The company's earnings benefited from higher new business in Asia and the U.S. and core investment gains

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Sun Life’s Q1 profit hits $937M

The insurer attributed its gain to favourable equity markets and interest rate changes


Pascal elected as CALU chair

The advanced life insurance industry veteran will lead the advocacy group board for 2021–22

  • By: Staff
  • May 5, 2021 May 5, 2021
  • 17:06
Flag of the European Community in front of the Eurotower in Frankfurt am Main

CC&L launch quant funds for European market

The funds focus on emerging markets and market neutral strategies

  • By: Staff
  • May 5, 2021 May 5, 2021
  • 15:20
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Canadians need education on ESG investing

A BMO GAM survey found knowledge gaps as well as interest in environmental, social and governance investing

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Negotiation tips when buying or selling a book

A session at the IFB Spring Virtual Summit offered insights for advisors