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Qualified Financial Services appoints new president

Fiona Cuddy will be joining Qualified Financial Services as president, effective Sept. 10. Cuddy joins the QFS team from her previous role as associate vice-president,…

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

Scotiabank to acquire Banco Dominicano del Progreso in Dominican Republic

Scotiabank says it has reached a deal to acquire Banco Dominicano del Progreso, a bank with operations in the Dominican Republic. The Canadian bank, which…

Mercer to acquire Pavilion Financial’s wealth management operations

Global consulting firm Mercer has signed an agreement to acquire the investment consulting, alternatives consulting and wealth management operations of Pavilion Financial Corporation. Pavilion is…

  • By: Staff
  • August 14, 2018 August 14, 2018
  • 00:00

Former B.C. rep who disappeared receives ban, $2.7M fine

Investors defrauded by family of fake funds

Millennials not seeking financial help with inheritance: survey

Largest transfer of wealth expected to occur in coming years

  • By: Staff
  • August 14, 2018 August 14, 2018
  • 00:00

Fiera Capital to become portfolio manager for infrastructure bond fund

Fiera Capital Corporation will become the portfolio manager for its Investment Grade Infrastructure Bond Fund, the firm said Tuesday. Fiera will also appoint Fiera Capital…

  • By: Staff
  • August 14, 2018 August 14, 2018
  • 00:00

Seniors potentially care more about wealth than later-life income

What a StatsCan report says about seniors and life satisfaction

  • By: Staff
  • August 13, 2018 August 13, 2018
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Warren Buffett’s investing continues to evolve—even at 87

Buffett is still finding new places to invest

RBC GAM appoints head of real estate equity investments

This appointment marks RBC GAM's entry into direct real estate equity investing

  • By: Staff
  • August 13, 2018 August 13, 2018
  • 00:00

ASC replaces old cross-border distribution rule for Alberta issuers

Find out more

  • By: Staff
  • August 10, 2018 August 10, 2018
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Toronto advisor fined $150K for not addressing two clients’ best interests

One mitigating factor was the advisor has no disciplinary history

  • By: Staff
  • August 10, 2018 August 10, 2018
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Fiera Capital’s AUM rises to $139.4B in Q2

The firm also increased its quarterly dividend

  • By: Staff
  • August 10, 2018 August 10, 2018
  • 00:00

Sun Life Financial’s net income rises in Q2, beats expectations

Sun Life Financial Inc.’s net income rose approximately 6% for the second quarter ended June 30. The Toronto-based financial services firm reported net income of…

Manulife Financial reports Q2 profit of $1.26B

Core earnings were up in the Canada, U.S. and global wealth and asset management divisions

FPSC panel proposes changes to ethics code, conduct rules

The panel wants to replace the first principle in FPSC's Code of Ethics

  • By: Staff
  • August 9, 2018 August 9, 2018
  • 00:00

CI Financial announces share buyback amid 1% rise in Q2 earnings

As part of its second quarter earnings report, CI Financial announced a share buyback of up to $1 billion. The wealth management firm reported net…

  • By: Staff
  • August 9, 2018 August 9, 2018
  • 00:00

TMX Group Q2 earnings rise 44% from 2017

The TMX Group reported net income of $95.6 million for the second quarter this year, an increase of 44% year over year. The increase was…

  • By: Staff
  • August 9, 2018 August 9, 2018
  • 00:00

1.4M baby boomers expect to buy homes by 2023: survey

Potential buyers and sellers will have meaningful impact on the market

  • By: Staff
  • August 8, 2018 August 8, 2018
  • 00:00
Parliament Hill building closeup in Ottawa, Canada

IFIC calls for tax changes to promote global competition

The group calls for changes in its pre-budget submission

  • By: Staff
  • August 8, 2018 September 10, 2018
  • 00:00

Hub International makes several Canadian acquisitions

Chicago-based insurance brokerage Hub International acquired Blackstone Insurance, Benefits and Bonding Inc. on Wednesday, the latest in a series of recent acquisitions. On Tuesday, the…

  • By: Staff
  • August 8, 2018 August 8, 2018
  • 00:00

PMAC, IIAC outline concerns about CCMRS exemptions

Draft prospectus and related registration exemptions for the Cooperative Capital Markets Regulatory System (CCMRS) don’t do enough to streamline markets, the Portfolio Management Association of…

  • By: Staff
  • August 8, 2018 August 8, 2018
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B.C. man fined $4.5 million for defrauding investors

The BCSC also ordered more than $3 million in disgorgement

  • By: Staff
  • August 8, 2018 August 8, 2018
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HSBC’s operating income rises by 14.9% in Q2

HSBC Bank Canada reported a rise of $74 million, or 14.9%, in operating income for the second quarter year over year. In a release, the…

  • By: Staff
  • August 7, 2018 August 7, 2018
  • 00:00

ASC warns investors about unregistered firm

Investors need to be cautious around investoneforme, a firm not registered to sell securities or derivatives in Alberta, the province’s regulator says. Investoneforme is “a…

  • By: Staff
  • August 7, 2018 August 7, 2018
  • 00:00

OSC joins global network of regulators on financial innovation

The OSC has joined a global network of financial regulators to share information and help innovative financial service firms, the commission announced Tuesday. The Global…

  • By: Staff
  • August 7, 2018 August 7, 2018
  • 00:00