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Does your client suffer under student debt?

If your client is a student, struggles with cash flow might be expected, but some students experience greater financial challenges. That’s because student debt is…

  • By: Staff
  • September 5, 2018 September 5, 2018
  • 16:43

BCSC fines, bans formerly registered B.C. man for unregistered trading

A formerly registered man and his company have been banned and fined $100,000 by a British Columbia Securities Commission (BCSC) panel for unregistered trading. The man must…

  • By: Staff
  • September 5, 2018 September 5, 2018
  • 16:42
Shining world map

AMF publishes guidance on modern slavery disclosure requirements

The Autorité des marchés financiers (AMF) today published a notice relating to modern slavery disclosure requirements, which provides guidance to issuers. Modern slavery can take a…

  • By: Staff
  • September 4, 2018 September 5, 2018
  • 17:25
Robot holding a businesswoman

Tax robots? Document details ideas to adapt to labour force changes

The Liberals have been told to consider taxing robots that displace workers, letting people pay their tax bills in kind rather than with cash, and working to…

Toronto skyline in financial district

OSC fines former Aston Hill CEO $125,000 for misleading statements

A former CEO has been fined $125,000 for misleading OSC staff during an insider trading investigation, an OSC hearing panel said. From 2006 to 2014,…

  • By: Staff
  • September 4, 2018 September 7, 2018
  • 16:59
Toronto skyline in financial district

Laurentian Bank net income flat in Q3

Laurentian Bank of Canada’s net income was virtually flat in the third quarter compared with last year at $54.9 million, as the company recorded acquisition-related…

NAFTA flags: USA, Canada, Mexico

Trump’s explosive NAFTA comments detonate in Washington

With a Friday deadline looming, Foreign Affairs Minister Chrystia Freeland is donning her best poker face as U.S. President Donald Trump’s blunt assessment of the…

  • August 31, 2018 August 31, 2018
  • 17:35
Securities and Exchange trending up

Horizons changes risk ratings for some ETFs

Horizons ETFs Management (Canada) Inc. has changed the risk ratings for some of its ETFs. The investment objectives or strategies of the ETFs have not…

  • By: Staff
  • August 31, 2018 August 31, 2018
  • 17:31
stack of documents or files, overload of paperwork on black background

FAIR Canada favours banning embedded commissions to meet best interest standards

The Canadian Foundation for the Advancement of Investor Rights (FAIR Canada) is asking the CSA how firms will follow conflict of interest requirements and still…

  • By: Staff
  • August 31, 2018 August 31, 2018
  • 17:20

National Bank reports 10% increase in Q3 profit over last year

National Bank has reported an increase in third-quarter profit of 10% year over year, with growth across all business segments. The bank’s net income for…

  • By: Staff
  • August 29, 2018 August 29, 2018
  • 16:24

CFIQ re-elects chair, makes appointments

The Conseil des fonds d’investissement du Québec (CFIQ), the Quebec voice of IFIC, has re-elected Stéphane Blanchette as its chair. Blanchette is executive vice-president, chief compliance…

  • By: Staff
  • August 29, 2018 August 29, 2018
  • 16:13

Desjardins reduces management fees for several funds

Desjardins Investments is reducing management fees for several funds. The reductions, ranging from three to 21 basis points for a majority of unit classes of…

  • By: Staff
  • August 29, 2018 August 29, 2018
  • 16:08

IIROC reports policy, enforcement progress

IIROC will continue to work with CSA on proposed targeted reforms to harmonize rules on embedded commissions and other dealer regulations, the SRO’s annual report…

  • By: Staff
  • August 29, 2018 August 29, 2018
  • 16:05
Magnifying glass highlighting investment stock quotes in business section of newspaper.

Davis-Rea changes risk ratings for three mutual funds

Davis-Rea Ltd. has changed the risk ratings for three mutual funds. The changes, effective Aug. 27, were made to comply with the CSA’s updated risk…

  • By: Staff
  • August 28, 2018 August 28, 2018
  • 17:00
Magnifying glass highlighting investment stock quotes in business section of newspaper.

Vanguard launches international high yield ETF

Vanguard Investments Canada Inc. has launched a new international equity ETF that tracks high-dividend companies. The Vanguard FTSE Developed ex North America High Dividend Yield…

  • By: Staff
  • August 28, 2018 August 28, 2018
  • 16:54
Hands Giving & Receiving Money

Alberta man charged with fraud and theft from investors

An Alberta man was criminally charged with fraud and theft related to an alleged investment fraud, the Alberta Securities Commission and Alberta RCMP said Monday.…

  • By: Staff
  • August 28, 2018 August 28, 2018
  • 16:50
Woman at ATM

BMO’s profit rises in Q3 on strong U.S. results

BMO Financial Group topped expectations for its third-quarter results, boosted by strength in its U.S. operations. The bank said Tuesday it earned $1.54 billion for…

  • By: Staff
  • August 28, 2018 August 28, 2018
  • 16:43
Toronto skyline in financial district

Scotiabank raises dividend as Q3 profit drops to $1.94B

Scotiabank raised its dividend even as it reported its third-quarter profit slipped compared with a year ago, partially due to a hit from acquisition-related costs. The…

  • By: Staff
  • August 28, 2018 August 28, 2018
  • 16:26

How financial services firms plan to differentiate their services

As fintech shakes up the financial services and insurance sectors, firms face the challenge of digitization or they risk losing clients. “Firms are facing digital…

  • By: Staff
  • August 27, 2018 August 29, 2018
  • 09:03
ON AIR radio microphone retro vintage fm broadcasting interview transmitter

Former FAIR Canada head to chair OSC’s Investor Advisory Panel

Neil Gross will replace outgoing chair Letty Dewar

  • By: Staff
  • August 24, 2018 August 31, 2018
  • 16:53
Macro shot of a hand of a businessman signing or writing a document on a sheet of white paper using a nibbed fountain pen.

Enbridge signs $4.3-billion deal with Spectra Energy Partners

Spectra Energy Partners is a master limited partnership

pension pension or retirement concept with word on business office folder index

Longevity gap between rich and poor impacts pensions, annuities: study

High earners living longer change the balance of pension contributions and benefits

  • By: Staff
  • August 24, 2018 August 24, 2018
  • 16:36

CIBC raises dividend as wealth management net income up in Q3

CIBC raised its quarterly dividend as it reported a third-quarter profit of $1.37 billion and gains in its wealth management business. The bank says it…

MFDA bans, fines former rep $70K for falsifying signatures

Panel finds he also used pre-signed account forms

  • By: Staff
  • August 23, 2018 August 23, 2018
  • 00:00

CSA issues guidance on bail-in debt regime

Canadian Securities Administrators (CSA) published two notices to provide clarity on the bail-in debt regime for domestic systemically important banks (D-SIBs), which include Canada’s big…

  • By: Staff
  • August 23, 2018 August 23, 2018
  • 00:00