Latest news in Industry News


Christine Van Cauwenberghe named head of financial planning at IG Wealth

She will oversee wealth, advisor training and financial specialist teams within this new division


IIROC bans, fines former advisor $1 million

The ex-representative embezzled funds from elderly clients


FSRA consults on living wills for credit unions

Consolidation may make it tougher for troubled firms to find merger partners

Business man making a presentation at office. Business executive delivering a presentation to his colleagues during meeting or in-house business training, explaining business plans to his employees.

Toronto Finance International president to step down

TFI is seeking a new CEO to replace Jennifer Reynolds, who has a month left on the job

  • By: Staff
  • January 5, 2022 January 5, 2022
  • 17:27
Wooden gavel used by a judge or auctioneer

Canaccord settles IIROC client overcharging case

The firm agreed to a $157,500 fine and will repay 6,000 affected clients

A business person is writing down math formulas on the glass screen in the evening modern panoramic office.

New CEO for Fiera Capital

Fiera Capital founder Jean-Guy Desjardins will become executive chairman while Jean-Philippe Lemay will become CEO

  • By: Staff
  • January 5, 2022 January 5, 2022
  • 15:28
Commodity indices

OSC now has two executive directors

Randhawa to oversee innovation, modernization and outreach in new role

Toronto skyline in financial district

Big Six go from strength to strength: Fitch

Capital markets, economic recovery seen powering banks' growth in 2022

Stock Quotes as graphs and tables with magnifier and calculator in panoramic format

Global fund sector leverage modest: IOSCO

New supervisory data sanguine about leverage, liquidity conditions

Two business men shaking hands

2021 a banner year for investment banking

Strong equity, M&A markets drove bankers' fees to record highs

Stack of cryptocurrencies in a circle on the motherboard

Federal documents hint at sweeping economic impact from central bank ‘digital loonie’

The Finance Department has looked at legislation linked to a central bank digital currency

Several hundred euro banknotes stacked by value. Euro money concept. Rolls Euro banknotes. Euro currency. Announced cancellation of five hundred euro banknotes. Banknotes stacked on each other in different positions. Toned photo.

Europe’s shared notes and coins turn 20 at New Year’s

Work remains to reinforce the shared currency, finance ministers say

microphones sitting on table

Head of BMO Private Wealth to retire

Andrew Auerbach will depart in the coming months after more than two decades with the firm

  • By: Staff
  • December 30, 2021 December 30, 2021
  • 12:18
Canadian tax form

CPP premiums are getting a bigger bump than planned

The reason lies with the pandemic's unique impacts on the labour market

Image of dark night with lightning above stormy sea

Banks offer big climate commitments in 2021, but key details are yet to come

Canada's big banks are still major funders of the fossil fuel industry. It remains to be seen how quickly they are prepared to move toward…

Hedge maze

Hedge fund industry foresees asset growth in 2022

Investors will look to alternatives in a challenging market environment

  • By: Staff
  • December 23, 2021 December 23, 2021
  • 13:52
Lawyer writing in legal book

FSRA outlines framework to improve complaints resolution

The Ontario regulator is reviewing how well complaints are addressed

  • By: Staff
  • December 23, 2021 December 23, 2021
  • 12:03

MFDA withdraws discretionary trading, titles proposals

The MFDA's board approved both withdrawals at its meeting on Dec. 1.


Court approves requests in Bridging case

Deadline for sale process extended to Feb. 28

  • By: Staff
  • December 23, 2021 December 23, 2021
  • 09:23
Hands Giving & Receiving Money

Canaccord expanding U.S. capital markets business with Sawaya buy

Canaccord's U.S. capital markets business has been expanding since 2019 and is a "growing" revenue contributor

  • By: Staff
  • December 21, 2021 December 21, 2021
  • 14:56

Rep fined almost $1M for misappropriating client funds

The MFDA also issued a permanent ban to the former branch manager in Alberta

multiracial business meeting in boardroom, sitting at a table

FSRA publishes final proposal on unfair, deceptive acts in insurance

The new rule will come into force following ministerial approval

  • By: Staff
  • December 21, 2021 December 21, 2021
  • 14:13
Sir Oliver Mowat statue at the Ontario Legislative Building in Toronto

Ontario should hit pause on new CMA: C.D. Howe

Proposed legislation doesn't keep up with a changing securities landscape, the think tank argues

Business people working in a conference room

BMO to buy BNP Paribas’ Bank of the West for US$16.3 billion

The purchase will be funded primarily with existing capital

business documents on office table with smart phone and laptop computer and graph business with social network diagram and man working in the background

Top Advisor to Go podcasts from 2021

A look back at how markets and the economy moved, and how experts responded

  • By: Staff
  • December 20, 2021 December 20, 2021
  • 12:50