Latest news in Industry News

loudspeaker

Mackenzie and Great-West Lifeco partner with private equity manager

The relationship will boost the firms' private market offerings

  • By: Staff
  • September 17, 2020 September 17, 2020
  • 12:56
Summer landscape. Sky and green grass.

TDAM launches sustainability-focused funds

The two new funds support the United Nations' sustainable goals

  • By: Staff
  • September 17, 2020 September 17, 2020
  • 12:18
People who blame

CSA warns industry against abuses as bans loom for trailers, DSCs

Regulators have adopted final rules for a ban on trailers to discount brokers

courtroom gavel

PEAK settles overcharging, supervisory allegations

The firm reported that clients had paid trailers on fee-based accounts

Businessman Holding coffee thinking

Have you found your niche?

Focusing on a target group of clients can help you grow your business, experts say

FSRA to assess insurance sector for fair treatment of clients

MGAs will be part of the review

  • By: Staff
  • September 16, 2020 September 16, 2020
  • 14:30
scales of justice

NSSC denies rep’s bid to halt disciplinary action

Rep sought to stay a nine-month suspension, pending review of IIROC ruling

Close up of a finance graph on an office desk UP

ISS launches diversity data on directors and executives

The proxy advisory firm has released data on the race and ethnic background of leaders at more than 6,000 companies

Digital World

OSFI reviews financial sector’s dependence on technology

The regulator notes the pandemic has “further accelerated digital transformation”

Toronto skyline in financial district

RIA creates anti-racism pledge for asset managers

The founding signatories are 10 institutional investors representing $1.1 trillion in AUM

Sightseeing Binoculars Overlooking Ocean From Up High

Bank of Canada launches consultation on government debt strategy

The government has a new objective to "issue a historic level of long-term bonds"

Facade of the Federal Hall Wall Street

Some JPMorgan traders catch Covid as bank reopens offices

Few other banks or financial companies had been as insistent about returning workers to the office

gavel on a laptop

Virtual hearings could continue post-pandemic, IIROC says

The regulator has published best practices for electronic proceedings

  • By: Staff
  • September 15, 2020 September 15, 2020
  • 15:15
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.

Shopify tops list of TSX best performers

Technology and mining stocks were well represented in this year's TSX30

  • By: Staff
  • September 15, 2020 September 15, 2020
  • 15:02
Stock Quotes as graphs and tables with magnifier and calculator in panoramic format

Annuities lead year-over-year premium growth in 2019

Annual stats from CLHIA show a growing health and life insurance industry

  • By: Staff
  • September 15, 2020 September 15, 2020
  • 12:41
Business people sitting and discussing at business meeting, in office

Sullivan proposes new terms, board nominees ahead of GMP vote

The former CEO said he supports the transaction's concept but not the terms

grand opening illustrated with a scissors, a red ribbon and confetti on a white background

Capital Group launches income portfolio

New product invests primarily in underlying Capital Group and affiliated funds

  • By: Staff
  • September 15, 2020 September 15, 2020
  • 11:00
gavel on a laptop

Respondents unsuccessful in avoiding OSC video hearing

The respondents argued that a video hearing “would not permit an adequate assessment of credibility”

loudspeaker

Rob Djurfeldt moves to CIBC

The industry veteran had left Wellington-Altus in June

Natural background of the sky and clouds

Regulators, organizations look to fill ESG standards void

Regulation of sustainable investments hasn’t kept pace with investor appetite

File

OSC reports downward trend in compliance actions

KYC, KYP and suitability obligations remain areas of concern

Plane lifting off from runway at dusk

BMO launches new line of ESG portfolios

The new offerings invest in companies with high ESG ratings

  • By: Staff
  • September 14, 2020 September 14, 2020
  • 11:01
ON AIR radio microphone retro vintage fm broadcasting interview transmitter

Cary List to retire from FP Canada

List has led the organization since 2006

  • By: Staff
  • September 14, 2020 September 14, 2020
  • 10:48

IGM Financial chief executive Jeff Carney stepping down for health reasons

James O'Sullivan will now lead IGM Financial and Damon Murchison will lead IG Wealth Management

Silhouette shadow of woman looking at city from office

Where’s the gender diversity on smaller boards?

Efforts to improve gender diversity on boards still have a long way to go