Industry News

Desjardins Group records surplus earnings of $501M in Q1

For the first quarter, Desjardins Group has recorded surplus earnings (before member dividends) of $501 million, up $118 million or about 31% from the same quarter last year. Adjusted surplus earnings increased by $110 million, or about 28%. The firm’s performance was due in part to continued growth in caisse network operations, greater gains on […]

By Staff |May 16, 2018

1 min read

RBC GAM launches U.S. Banks Yield Index ETF

RBC Global Asset Management’s new RBC U.S. Banks Yield Index ETF began trading Tuesday on the TSX. The ETF tracks the Solactive U.S. Banks Yield Index, which follows the performance of 21 of the largest U.S. dividend-paying bank stocks, as measured by market capitalization and weighted based on their annual dividend yields, an RBC release […]

By Staff |May 15, 2018

1 min read

Canadian home sales drop 14% in April: CREA

Lower sales attributed to stricter regulations for uninsured mortgages

By Staff, with files from The Canadian Press |May 15, 2018

2 min read

BCSC issues ban, $2.3M in monetary sanctions for fraud

Clients' money wasn't invested as promised

By Staff |May 15, 2018

2 min read