The Insurance Portal invites you to read or re-read our ten most popular articles on investment-related benefits, services or issues from 2023.
- The Canada Pension Plan Investment Board (CPP Investments) released its fiscal year end results on May 24, showing a net return of 1.3 per cent in 2023
Canada Pension Plan annualized return hits 10 per cent over 10 years
- The Investment Funds Institute of Canada (IFIC) published its net fund sales and net asset figures for both mutual funds and exchange-traded funds (ETFs) for February 2023.
Exchange-traded and mutual funds in net sales territory
- Ontario Disability Support Program (ODSP) payment rates have been increased 6.5 per cent in July 2023.
Ontario increases disability support payments
- The New Self-Regulatory Organization of Canada (New SRO) officially launched Jan. 3.
New self-regulatory organization launches officially
- Following the announcement that Hub Financial Inc. has acquired nine remaining BridgeForce Financial Group entities, TruStone Financial Inc. announced that it would part ways with those companies.
Details emerge about TruStone’s separation from BridgeForce
- For the quarter ended April 30, Toronto Dominion Bank (TD) reported net income attributable to common shareholders of $3.4 billion.
TD Bank reports a 12 per cent drop in earnings in the second quarter of 2023
- Hub International Limited announced that a new investor has signed on with the firms’ existing shareholders,
Hub International gets new private equity investor
- June 13 was a busy day for mergers and acquisitions in the industry, with two large companies announcing the acquisition of insurance distribution in one case, and wealth management expertise in the next.
Insurers continue distribution and wealth management acquisitions
- Presidents say consolidation decision made with advisor independence in mind.
Hub Financial acquires BridgeForce
- In a surprise announcement made July 26, Dialogue Health Technologies Inc. says it has entered into a definitive arrangement with Sun Life Financial Inc.
