Home News Industry News

Latest news in Industry News

Firms inadequately collecting KYC information on seniors: OSC

An overview of the findings from compliance reviews

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

Economic impact of China’s environmental strategy

How industries are adapting and benefiting

  • By: Katie Keir
  • August 22, 2018 September 12, 2018
  • 00:00

Ontario Teachers’ Pension Plan earned 3.2% in first half of 2018

Ontario Teachers’ Pension Plan earned a return of 3.2% on its investments for the first six months of this year. The gain increased the pension…

RBC reports Q3 profit, led by wealth management

Royal Bank of Canada set the tone for the latest round of big bank earnings with a dividend hike and record profits in the latest…

When a client’s cash flow collides with caregiving

Many haven't planned for the expense

  • By: Staff
  • August 22, 2018 August 22, 2018
  • 00:00

Fed minutes suggest further rate hikes coming ‘soon’

Federal Reserve officials earlier this month said that a strong economy meant that it would “likely soon be appropriate” to boost their benchmark interest rate…

Group led by Air Canada to acquire Aeroplan program

Group includes TD and CIBC

Sun Life appoints head of business strategy

Sun Life Investment Management has appointed Tom Murphy head of affiliate development and business strategy, the firm said on Tuesday. Murphy will be responsible for…

  • By: Staff
  • August 21, 2018 August 21, 2018
  • 00:00

OSC to hold roundtable on proposed derivatives registration

The OSC will hold a roundtable as part of CSA’s consultation process on the proposed derivatives registration and business conduct regimes. The Sept. 20 roundtable…

  • By: Staff
  • August 21, 2018 August 21, 2018
  • 00:00

OFSI designates largest banks ‘systemically important’

The reforms are meant to ensure taxpayers aren’t on the hook for losses

  • By: Staff
  • August 21, 2018 August 21, 2018
  • 00:00

Net assets for mutual fund industry rose 0.9% in July

Net assets for the mutual fund industry increased by $13.1 billion, or 0.9%, in July compared to the previous month, IFIC said on Tuesday. Net…

  • By: Staff
  • August 21, 2018 August 21, 2018
  • 00:00

RBC GAM introduces low-cost fixed income pools

RBC Global Asset Management Inc. has launched RBC Fixed Income Pools, which are offered in Series F with a management fee of 0.40%, the company…

  • By: Staff
  • August 20, 2018 August 20, 2018
  • 00:00

ASC settlement agreement results in $55K payment by director and corp

The Alberta Securities Commission (ASC) has concluded a settlement agreement with a firm and corporate director who admitted to illegal distributions of firm securities. Under…

  • By: Staff
  • August 20, 2018 August 20, 2018
  • 00:00

Banks to report strong quarter amid housing stability, interest rate hikes

Canada’s biggest banks are expected to report yet another strong quarter as the country’s housing market shows signs of stability and rising interest rates add…

EdgeHill Partners launches 6 alternative mutual funds

Each of the funds offers an alternative to traditional long-only mutual funds

  • By: Staff
  • August 17, 2018 August 17, 2018
  • 00:00

Net income down but AUA up in Q1, reports ATB Financial

But net income was down compared to a year earlier

  • By: Staff
  • August 17, 2018 August 17, 2018
  • 00:00

Why binary options remain a ‘systematic risk’ for Canadians: OBSI

Despite a ban on these offerings, investors continue to make complaints. Find out why

  • By: Staff
  • August 17, 2018 August 17, 2018
  • 00:00

Wealthsimple announces zero-commission stock-trading service

Wealthsimple is planning to launch what the robo-advisor says is the first zero-commission stock-trading service in Canada. The financial technology company says users of Wealthsimple…

How client awareness of CRM2 benefits advisors

Those CRM2 discussions you’re having with clients? How effective they are differs depending on survey results, but what’s clear is the discussions are important. A…

  • By: Staff
  • August 16, 2018 August 16, 2018
  • 00:00

Fine increased to $50K for former First Leaside CFO after OSC review

The OSC reviewed a previous IIROC panel decision

  • By: Staff
  • August 16, 2018 August 16, 2018
  • 00:00
The vast blue sky and clouds sky

Finding value in the cloud

Examining companies in the tech space

IIROC suspends expectations for brokerages and trailer fees

SRO says it will wait on CSA's final proposal for embedded commissions

  • By: Staff
  • August 15, 2018 August 15, 2018
  • 00:00

Is your business-owner client facing a gender revenue gap?

A lack of access to capital is one of the biggest challenges for women entrepreneurs, a new study suggests. The wage gap between men and…

BMO launches blockchain-based pilot for fixed income transactions

The Bank of Montreal’s capital markets arm says it has successfully launched a pilot involving the use of blockchain in a Canadian-dollar debt deal transaction.…

ASC hearing against short-seller Cohodes underway

A lawyer for U.S. short-seller Marc Cohodes says an application for an order preventing him from trading shares of Badger Daylighting Ltd. is “rushed” and…