Industry

Consider ESG investments for millennials, longer-term investing

When it comes to investing, millennial clients rank environmental, social and governance (ESG) factors as equally important as investment outcomes, reveals a global investor survey by Schroder Investment Management. Compared to older clients, millennials rate the importance of world-based social outcomes, like poverty and climate change, higher (6.4 out of 10 for older clients versus […]

By Staff |December 1, 2016

1 min read

CIBC raises dividend, Q4 profit rises by 20%

CIBC reports $931-million of net income in its fourth quarter, up 20% from $778 million in the same time last year.

By Staff, with files from The Canadian Press |December 1, 2016

1 min read

Advisor Group now owned by Transcontinental

The Advisor Group of properties – Advisor’s Edge, Advisor’s Edge Report, Advisor.ca and the Conseiller brands — has been acquired by Transcontinental Media. Transcontinental also owns Investment Executive and Finance et Investissement. When asked why the purchase made sense, Pierre Marcoux, senior vice-president of business and education at TC Media, pointed to the complementary nature […]

By Melissa Shin |December 1, 2016

2 min read

TD grows fourth-quarter profit by 25% to $2.3 billion

TD Bank Group's fourth-quarter earnings are $2.3 billion, up 25% on a reported basis and 8% on an adjusted basis compared with the same quarter last year.

By Staff, with files from The Canadian Press |December 1, 2016

2 min read