Industry News

More Canadians buying individual life insurance

Canadians are choosing individual life insurance over group insurance. Read: When should young people buy life insurance? As of 2016, individual life insurance accounted for 60% of all life insurance purchased, up from 54% in 2006, reveals an annual report from the Canadian Life and Health Insurance Association. The growth is mostly driven by individual […]

By Staff |September 27, 2017

1 min read

Dynamic and iShares expand ETF lineup

Dynamic Funds and BlackRock Asset Management Canada have launched three actively managed ETFs, representing tactical fixed income, U.S. mid-cap equity and global financial services exposures. Read: How an ETF is born Dynamic iShares Active Tactical Bond ETF seeks to provide interest income and long-term capital growth by investing in a diversified portfolio of primarily North […]

By Staff |September 27, 2017

1 min read

Tax measures hurt modest business owners: coalition

The Coalition for Small Business Tax Fairness has written a new letter to Finance Minister Bill Morneau with professional analysis confirming that Ottawa’s tax proposals will affect middle-class business owners. Read: Drop tax proposals aimed at business, urges coalition “It is the farmers, mom-and-pop shops, and entrepreneurs, who invested everything into their businesses, that will […]

By Staff |September 27, 2017

2 min read

Horizons ETFs launches EAFE ETF

Horizons ETFs has launched the Horizons Intl Developed Markets Equity Index ETF. The ETF provides tax-efficient, indirect exposure to the MSCI EAFE Index. The management fee is 0.20%. Read: Look for these fastest-growing emerging markets The fund seeks to replicate, to the extent possible, the performance of the Horizons EAFE Futures Roll Index, net of […]

By Staff |September 27, 2017

1 min read