Industry

Canada Infrastructure Bank taps CPPIB exec as CEO

Canada Infrastructure Bank has named former Canada Pension Plan Investment Board executive Pierre Lavallée as its first CEO. Lavallée most recently was senior managing director and global head of investment partnerships at the CPPIB, where he led a team managing $94 billion of assets. He previously worked as executive vice-president of Reitmans and was a […]

By Staff, with files from The Canadian Press |May 24, 2018

3 min read

CSA reviews regulatory burden for investment fund issuers

Proposed initiatives focus on streamlining information

By Staff |May 24, 2018

3 min read

MFDA fines, permanently bans rep for borrowing money from client

An MFDA hearing panel has fined and permanently banned a dealing representative for borrowing money from a client, misleading a member and failing to cooperate with an investigation. Jeremy William Travis was registered in Ontario and was working as a dealing representative in Owen Sound with Sun Life Financial Investment Services and Hub Capital at […]

By Staff |May 24, 2018

1 min read

CIBC Q2 net income rises 25% year over year

The Canadian Imperial Bank of Commerce reported better-than-expected earnings for its second quarter with a nearly 25% increase in net income, year over year, due to strong results at home and south of the border helped by its U.S. acquisitions last year. The lender, the first of the large Canadian banks to report its latest […]

By Staff, with files from The Canadian Press |May 23, 2018

3 min read