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- By: Staff
- November 5, 2015 September 13, 2019
- 10:45
Top Stories in News
Bill Morneau’s journey from HR to Ottawa
For the first time in nearly 100 years, a political newcomer is stepping into the high-stakes, pressure-cooker position of federal finance minister. Multi-millionaire Toronto businessman…
- By: Canadian Press
- November 5, 2015 September 13, 2019
- 10:44
More Pain Ahead for Canada’s Energy Sector in 2016
Industry group says 2016 will be another gloomy year for Canada's energy sector.
- By: Canadian Press
- November 5, 2015 September 13, 2019
- 06:27
Morneau appointed minister of finance
Prime Minister Justin Trudeau has appointed newly minted members of Parliament Bill Morneau and Diane Lebouthillier to two key economic portfolios. Morneau is Canada’s new…
- By: Staff
- November 4, 2015 September 13, 2019
- 11:35
For Canada’s energy industry, 2016 also expected to be rough
A drilling industry group says the oilpatch is in for another year of weak activity as low commodity prices continue to pinch. The Petroleum Services…
- By: Canadian Press
- November 4, 2015 September 13, 2019
- 10:47
Tackling the retirement readiness challenge
With the snowballing shift from DB to DC pension plans over the last decade or two, Canadians have grown more accustomed to owning responsibility for…
- By: Karen Burnett
- November 4, 2015 September 13, 2019
- 10:41
Canada’s trade deficit shrinks, sparking hope for stronger growth
Statistics Canada says the country’s trade deficit narrowed to $1.7 billion in September, giving rise to expectations that the economy may start to see the…
- By: Canadian Press
- November 4, 2015 September 13, 2019
- 10:37
BlackRock to acquire Bank of America’s money-market fund business
BlackRock will be buying Bank of America’s $87 billion money-market fund business, Reuters reports. The deal between the biggest money manager in the world and…
- By: Staff
- November 3, 2015 September 13, 2019
- 11:09
Aston Hill Asset Management launches fund
Aston Hill Asset Management Inc. has launched the Aston Hill High Income Fund, which will be managed by Aston Hill’s CIO, Ben Cheng. With the…
- By: Staff
- November 3, 2015 September 13, 2019
- 10:49
Mutual funds bounce back in October: Morningstar
Thirty-nine of the 42 Morningstar Canada Fund Indices increased during October, including 19 indices that increased by 3% or more. Here are some highlights from…
- By: Staff
- November 3, 2015 September 13, 2019
- 10:45
Money managers see 2% growth in 2014
Last year, the assets managed by the biggest 500 fund managers in the world increased by over 2%, hitting US$78.1 trillion, compared with US$76.4 trillion…
- By: Staff
- November 2, 2015 September 13, 2019
- 11:02
Greek banks need less money than originally feared
The European Central Bank (ECB) says Greece’s battered banks need 14.4 billion euros ($15.8 billion) in fresh money to get back on their feet and…
- By: Associated Press
- November 2, 2015 September 13, 2019
- 10:34
CPPIB to invest in affordable housing in Mumbai
After opening an office in Mumbai in late October, The Canada Pension Plan Investment Board (CPPIB) will now invest $2 billion in affordable housing in…
- By: Staff
- November 2, 2015 September 13, 2019
- 10:27
Ontario to do away with sick note requirement for short absences
Ontario will do away with sick note requirements for short absences as part of a larger effort to ease the administrative burden on doctors. The…
- By: Staff
- April 24, 2024 April 24, 2024
- 15:00
Ontario court sides with IBM in pension benefits rectification case
An Ontario Superior Court ruling that allowed IBM Canada Ltd. to retrospectively rectify drafting errors that created unintended additional pension benefits for employees on disability…
- By: Julius Melnitzer
- April 24, 2024 April 23, 2024
- 09:00
Diabetes medications remain leading drug category for eligible claims in 2023: report
In 2023, diabetes medications remained the leading drug category for eligible private insurance claims for the second consecutive year, according to Telus Health’s annual drug…
- By: Staff
- April 24, 2024 April 23, 2024
- 09:00
WISE Trust returns 7.9% in 2023, net assets increase to $4 billion
The Workplace Insurance and Safety Employees Trust generated a net return of 7.9 per cent in 2023, with net assets reaching $4 billion, up from…
- By: Staff
- April 23, 2024 April 23, 2024
- 15:00
Expert panel: How institutional investors are adapting to a post-pandemic global economy
Renowned American businessman and investor Charlie Munger once said, “You have to keep learning if you want to become a great investor. When the world…
- By: George Athanassakos
- April 23, 2024 April 22, 2024
- 09:00
Average funded ratio of Canadian DB pension plans up 7% in Q1 2024: report
The funded ratio of the average Canadian defined benefit pension plan, excluding the effect of asset smoothing, reached 124 per cent as at March 31,…
- By: Staff
- April 23, 2024 April 22, 2024
- 09:00