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IGM Financial reports Q2 earnings

Client investment returns in the quarter were the largest in a decade

Blue infographics documents with 3D graphs and charts of glass.

Net income stable for CI in Q2

AUM for the quarter was up 13% from Q1 but down year over year

House bubble

CSA finalizes changes to syndicated mortgage rules

The changes will take effect March 1, 2021

calculating numbers for income tax return with glasses pen and calculator

Canaccord posts record-breaking revenue in fiscal Q1

Revenue was driven by a 30% surge in investment banking

  • By: Staff
  • August 6, 2020 August 6, 2020
  • 11:27
Two business men shaking hands

Corporate boards significantly lack Black and racialized Canadians: study

The Ryerson University study examines the situation in eight major cities

Tree Flat icon set

More smart beta managers consider ESG

Climate change and carbon-related issues are top of mind

Manulife Financial’s net income halved due to pandemic

Still, president and CEO Roy Gori expects the company to bounce back

Wooden gavel used by a judge or auctioneer

PEAK settles with MFDA

Fund dealer admits to not fully investigating suspected rep misconduct

Speaker at Business Conference and Presentation Audience at the conference hall

Queen’s business school offers one-year fintech degree

The master's program is aimed at working professionals

Drawings and charts of successful business, workplace of the businessman

Great-West Lifeco to sell Canadian subsidiary for $175M to Mackenzie

GWL also beat earnings expectations for Q2

scales of justice

OSC seeks to ban securities fraudster

Regulator to hold hearing for Canadian serving time in U.S.

Emotional Stress, Bankruptcy, Finance

Workers in finance and insurance continue to struggle with mental health

Morneau Shepell's mental health index score for July remains low

  • By: Staff
  • August 5, 2020 August 5, 2020
  • 13:29
gavel on a laptop

Everyone lies online — just not in virtual hearings, please

OSC publishes guide for online proceedings

Gavel

‘No findings’ in CSA’s latest IIROC review

The securities administrators "did not identify concerns" with the SRO

  • By: Staff
  • August 5, 2020 August 5, 2020
  • 11:53
Securities and Exchange trending up

ETFs see their second strongest month of the year: National Bank

Fixed income ETFs dominate flows in July

  • By: Staff
  • August 5, 2020 August 5, 2020
  • 11:49
Shining world map

Horizons launches emerging markets ETF

The new fund tracks the Horizons Emerging Markets Futures Roll Index (Total Return)

  • By: Staff
  • August 5, 2020 August 5, 2020
  • 11:08
ALVAREZ / ISTOCKPHOTO

CI taking majority interest in Aligned Capital

Acquisition adds $10 billion in assets and more than 200 advisors

Wooden gavel used by a judge or auctioneer

Ontario court dismisses appeal of decision in Quadrexx case

The OSC didn't make errors or deny fairness, the court said

stock market price abstract

Q2 sees positive results for Canadian plan sponsors

For the most part, returns trailed major market indexes

  • By: Staff
  • August 4, 2020 August 4, 2020
  • 11:51
Business and financial district in a city with pillars

HSBC Q2 profit down dramatically thanks to pandemic

The bank’s overall operating income was $502 million, down 7.9% from a year ago

  • By: Staff
  • August 4, 2020 August 4, 2020
  • 11:33
ALVAREZ / ISTOCKPHOTO

CI Financial to acquire Illinois-based RIA

Balasa Dinverno Foltz LLC has US$4.5B in assets under management

  • By: Staff
  • August 4, 2020 August 4, 2020
  • 10:55
Hands Giving & Receiving Money

Angel investing tops $1 billion over last 10 years

Investors put up $163.9 million across 299 investments in 2019

  • By: Staff
  • July 31, 2020 July 31, 2020
  • 12:48
Maze and businessmen, miniature,

Government to create EI for contractors, extend rent relief for biz

Details will be unveiled later for gig workers benefit

Financial graphs analysis

Net loss for GMP Capital in Q2

Richardson GMP's income fell year-over-year, but its assets under administration rose from March

CI Financial adds another RIA

The firm's subsidiary, OCM Capital Partners, has acquired a US$440-million RIA