Industry News

Court approves $100-million BMO class action settlement over FX fees

Court approves $100-million BMO class action settlement over FX fees

The legal team gets $20 million, and a former advisor turned plaintiff was awarded $50,000

By James Langton |June 18, 2021

3 min read

Bank buffer boost a sign of belief: DBRS

Bank buffer boost a sign of belief: DBRS

OSFI's decision to rebuild capital shows faith in banks' strength and the economic recovery

By James Langton |June 18, 2021

1 min read

Franklin Templeton announces launch of several new funds

Franklin Templeton announces launch of several new funds

The firm has also lowered fees and changed the investment objectives of existing funds

By Staff |June 18, 2021

2 min read

Arrow Capital announces fund merger

Arrow Capital announces fund merger

The planned fund merger will take place on June 25

By Staff |June 18, 2021

1 min read

AMF enforcement leads to $5.5M in fines, increased investor reimbursement

AMF enforcement leads to $5.5M in fines, increased investor reimbursement

The Quebec regulator achieved its objectives despite the pandemic

By Michelle Schriver |June 17, 2021

2 min read

ETF sales trail mutual funds in May

ETF sales trail mutual funds in May

According to IFIC, mutual funds had net sales of $8.4 billion, while ETFs had $7.6 billion

By Staff |June 17, 2021

1 min read

BCSC settles with Crystal Wealth fund manager

BCSC settles with Crystal Wealth fund manager

Rep violated suitability obligations by investing clients in funds with risky holdings

By James Langton |June 17, 2021

2 min read

Decorative pattern

CBOE seeks to boost Canadian block trading

The exchange aims to grow block liquidity with a new offering in 2022

By James Langton |June 17, 2021

1 min read

Many investors stayed the course during Covid-19 volatility

Many investors stayed the course during Covid-19 volatility

More than six in 10 Canadians surveyed maintained their investment strategies

By Staff |June 17, 2021

2 min read

Most people who saved more last year saved nothing for retirement

Most people who saved more last year saved nothing for retirement

Household savings may be up, but retirement savings are down, a survey suggests

By Staff |June 17, 2021

2 min read

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