Nearly one quarter of OSC’s burden-reduction projects delayed
The regulator offered an update on its efforts on Wednesday
Latest news in Industry News
Mackenzie U.S. mid-cap fund now available to investors
The names of two other funds have been changed
- By: Staff
- May 27, 2020 May 27, 2020
- 10:44
PBO pegs cost of rent aid for landlords, businesses at $520 million
The unprecedented nature of the program makes it hard to estimate the cost
- By: Canadian Press
- May 27, 2020 May 27, 2020
- 10:35
Profit plunges for RBC in Q2
The bank’s loan loss provisions grew by $2.4 billion in the quarter
- By: Canadian Press
- May 27, 2020 May 27, 2020
- 10:21
BMO’s Q2 profits slump as loan loss provisions top $1 billion
The bank still reported a profit of $1.00 per share for the quarter
- By: Canadian Press
- May 27, 2020 May 27, 2020
- 10:06
Net income down 33% for National Bank in Q2
Despite the plunge, the bank beat analysts’ expectations
- By: Canadian Press
- May 26, 2020 May 26, 2020
- 17:10
HSBC launches AI-based index
New U.S. equity index uses "big data" in stock selection
- By: James Langton
- May 26, 2020 May 26, 2020
- 14:19
CI invests in fourth U.S. RIA
Asset manager also launches three private pools
- By: Staff
- May 26, 2020 May 26, 2020
- 13:08
Slate Asset Management to fund real estate companies hurt by pandemic
The $500-million fund will provide capital to struggling firms
- By: Mark Burgess
- May 26, 2020 May 26, 2020
- 11:53
Three tech firms to launch new tool for advisors
Envestnet, AdvisorStream and Apprise Labs have created a new data-driven app
- By: Staff
- May 26, 2020 May 26, 2020
- 11:48
CPPIB posts 3.1% return for year ended March 31
Net assets were $409.6 billion, up from $392 billion at the end of the previous fiscal year
- By: Canadian Press
- May 26, 2020 May 26, 2020
- 11:09
BMO to discontinue DSC funds later this year
The firm will no longer offer the low-load DSC purchase option across its mutual fund lineup around Nov. 1
- By: Staff
- May 25, 2020 May 25, 2020
- 15:11
Police allege scheme left investors twice duped
Two men have been charged for their role in an alleged scheme that targeted victims of investment fraud
- By: James Langton
- May 25, 2020 May 25, 2020
- 13:46
CBOE’s acquisition of Canadian dark pool a positive, Moody’s says
The deal is expected to boost CBOE’s footprint in Canada, trading offerings
- By: James Langton
- May 25, 2020 May 25, 2020
- 13:33
Invesco closing four mutual funds
Purpose Investments is also terminating a product
- By: Staff
- May 22, 2020 May 22, 2020
- 15:38
Pandemic accelerating shift to low-fee funds, report says
Fitch Ratings says Canadian banks’ wealth management businesses will face pressure
- By: James Langton
- May 22, 2020 May 22, 2020
- 15:19
Mutual fund and ETF assets increased in April
But net sales were stronger for mutual funds, IFIC data shows
- By: James Langton
- May 22, 2020 May 22, 2020
- 11:35
PACE suspended by IIROC
Dealer firm consents to suspension by industry SRO
- By: James Langton
- May 21, 2020 May 22, 2020
- 15:32
Rep banned for forging passing grade for failed course
The Surrey man had failed a proficiency course three times
- By: James Langton
- May 21, 2020 May 21, 2020
- 13:20
Clients facing hardship should turn to dealers, advisors: CSA
The regulator said investors under financial pressure could ask dealers to waive fees, such as DSCs
- By: James Langton
- May 21, 2020 May 21, 2020
- 12:53
iA names new wealth-management executive
Sean O’Brien replaces Carl Mustos as executive vice president
- By: Staff
- May 21, 2020 May 21, 2020
- 11:27
CI acquires 100% of WealthBar, announces plans for CI Direct Investing
The new platform will offer DIY investing and wealth management services
- By: Rudy Mezzetta
- May 21, 2020 May 21, 2020
- 10:26
CSA extends filing deadlines for issuers
The CSA first issued filing relief in March
- By: James Langton
- May 20, 2020 May 20, 2020
- 15:31
FTSE Russell launches index for Canadian mortgage-backed securities
BMO Asset Management has licensed the index for a new ETF
- By: Staff
- May 20, 2020 May 20, 2020
- 14:15
Canadian insurers issue billions in bonds
Insurers have already tripled the amount in bonds and preferred shares they issued last year
- By: James Langton
- May 20, 2020 May 20, 2020
- 14:08