Monthly Archive: July 2018

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ETFs gather net inflows of US$8.69 billion in June

Exchange traded funds listed globally gathered US$8.69B in net inflows, the lowest monthly amount since January 2014, according to research firm ETFGI.

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CAA Launches Pay-As-You-Go Auto Insurance In Ontario

CAA’s MyPace™ pay-as-you-go auto insurance now available Thornhill, ON (July 12, 2018) – CAA MyPace™, Canada’s first pay-as-you-go auto insurance payment program, is now officially available to consumers in Ontario. First announced in May...

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Applied Rating Index Results for Second Quarter Released

National premium rates increase across both Personal Auto and Property lines Mississauga, ON (July 10, 2018) – Applied Systems® has announced the results of the second quarter’s Applied Rating Index™, the Canadian insurance industry’s...

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IIROC sanctions M Partners and Steven Isenberg

The Investment Industry Regulatory Organization of Canada has heavily fined M Partners and Steven Isenberg for failing to comply with trading supervision obligations and failing to maintain a proper audit trail.

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BMO opens first Smart Branches

BMO has opened its first two Smart Branches in Edmonton and Calgary as part of the bank’s rollout of the new format in Canada.

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Industry and advisors require better promotion

While insurance advisors themselves may have to remake themselves, they also have to face a public perception that may not be altogether positive to the financial services industry, Michael Rogers, vice-president sales and distribution...