Industry

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 income of $159.9 million for Q2 2018, up 1% from $159 million in the previous quarter. Earnings per share for Q2 were $0.61, up from $0.59 in Q1. CI announced […]

By Staff |August 9, 2018

1 min read

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 mainly from a sale of its stake in TMX FTSE for $26.8 million, the company reported. The quarterly diluted earnings per share was $1.71 for the second quarter, up 44% […]

By Staff |August 9, 2018

1 min read

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

2 min read

IFIC calls for tax changes to promote global competition

The group calls for changes in its pre-budget submission

By Staff |August 8, 2018

2 min read

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