Industry News

BMO and Laurentian report Q4 profits, raise dividends

Both banks saw positive results in Q4.

By Staff, with files from The Canadian Press |December 6, 2016

2 min read

IA Financial buys HollisWealth

IA Financial Group has reached a deal to purchase HollisWealth from Scotiabank, making it one of the largest non-bank wealth management advisory firms in Canada with $75 billion in AUA. Insurer IA Financial and the Bank of Nova Scotia announced the deal on Monday, merging the fourth-largest independent advisor network in Canada with Industrial Alliance. […]

By Staff |December 5, 2016

2 min read

OSC announces registrant advisory committee members

The Ontario Securities Commission (OSC) added members to its registrant advisory committee (RAC) for the 2017-2019 term. The RAC serves as a forum to discuss issues faced by registrants in interpreting and complying with Ontario securities law. It also provides feedback on the development and implementation of policy and rulemaking initiatives. Read: Compliance officers targeted […]

By Staff |December 5, 2016

1 min read

Mackenzie Investments lowers management fees, automates conversions

Mackenzie Investments will reduce the management fees and lower the dealer compensation on three portfolios.

By Staff |December 5, 2016

2 min read