Financial Horizons Group acquires 2 MGAs
FHG purchased all of the shares of TORCE and VANCE on Aug. 1
Latest news in Industry News
$10.6B in securities flowed out of Canada in June
Statistics Canada reports that foreign investors pulled $5.1 billion from Canadian bonds
- By: Staff
- August 16, 2019 August 16, 2019
- 14:44
IIROC suspends Dominick Capital Corp.
IIROC staff sought the firm's suspension after it fell into capital deficiency in August
- By: Staff
- August 16, 2019 August 16, 2019
- 14:25
ATB Financial posts $45.8 million net income in Q1
Provision for loan losses improved quarter-over-quarter, but clients continue to be impacted by Alberta economy
- By: Staff
- August 16, 2019 August 16, 2019
- 13:11
Edibles could draw 3 million new cannabis users: study
Products could become available for sale before the end of the year
- By: Staff
- August 16, 2019 August 16, 2019
- 12:32
OSC approves CannTrust management cease trade order
CannTrust says it’s working with the OSC to prepare a remediation plan
- By: Canadian Press
- August 16, 2019 August 16, 2019
- 10:21
Needless comma sinks Bell Canada retirees’ pension claim
The suit sought $150 million in damages over a cost-of-living calculation
- By: James Langton
- August 15, 2019 August 15, 2019
- 17:05
Binding authority for OBSI on hold — for now
CSA will continue to monitor the industry’s approach to OBSI’s recommendations on investor compensation
- By: Staff
- August 15, 2019 August 15, 2019
- 14:04
Quebec seniors retiring later in life, carrying more debt
But they aren’t working as long as other Canadians, a report reveals
- By: Staff
- August 15, 2019 August 15, 2019
- 12:52
EDC issues $500 million green bond
The government agency said the bond will attract capital for green investment
- By: Staff
- August 15, 2019 August 15, 2019
- 12:27
Absence of a ‘mega transaction’ stunts fintech funding in H1
Accenture reports that global funding dropped, but deal volume increased
- By: Staff
- August 15, 2019 August 15, 2019
- 10:50
Revenue up for Fiera Capital in Q2
Firm reported Q2 revenue of $149.9 million, net loss of $4.8 million
- By: Staff
- August 14, 2019 August 14, 2019
- 16:02
SEC fines Canaccord for inadequate gatekeeping
The firm settled the case without admitting or denying the allegations
- By: Staff
- August 14, 2019 August 14, 2019
- 14:54
CPP fund returns 1.1% in Q1
Net assets surpassed $400 billion in the quarter
- By: Staff
- August 14, 2019 August 14, 2019
- 14:47
OSC, AMF participating in World Investor Week
Third annual campaign launches in September
- By: Staff
- August 14, 2019 August 14, 2019
- 12:19
CBA recognizes Toronto police for thwarting financial fraud
The police disrupted organized criminal groups using malware and other practices for identity theft
- By: Staff
- August 14, 2019 August 14, 2019
- 10:32
FSRA introduces new disclosure rules for syndicated mortgages
Regulator seeks to enhance investor protection
- By: Staff
- August 13, 2019 August 13, 2019
- 14:27
Insurance-resolution service appoints new CEO and ombudsman
The appointment, by the OmbudService for Life & Health Insurance, is effective Aug. 19
- By: Staff
- August 13, 2019 August 13, 2019
- 14:01
RBC iShares launches three new portfolio ETFs
The funds are expected to begin trading on the TSX on Tuesday
- By: Staff
- August 13, 2019 August 13, 2019
- 12:42
Invesco launches new suite of investment portfolios
The five portfolios invest in mutual funds and ETFs
- By: Staff
- August 13, 2019 August 13, 2019
- 11:44
Brookfield to acquire 57% stake in Genworth Canada
Deal expected to close by end of year
- By: Canadian Press
- August 13, 2019 August 13, 2019
- 11:17
CI Financial’s ratings trend upgraded by DBRS
But DBRS says the firm’s debt levels and fund redemptions remain a concern
- By: Staff
- August 13, 2019 August 13, 2019
- 11:11
U.S. consumer prices rose 0.3% last month
CPI was up 1.8% year-over-year
- By: Christopher Rugaber, The Associated Press
- August 13, 2019 August 13, 2019
- 10:17
IIROC to suspend capital-deficient firm
SRO says insolvency risk poses threat to firm’s clients
- By: Staff
- August 12, 2019 August 12, 2019
- 16:59
CPA Canada calls for action on climate change
Trade group also asks feds to review the tax system, bolster anti-money laundering efforts
- By: Staff
- August 12, 2019 August 12, 2019
- 11:50