Firm wants to reduce risk to unitholders as impact on global property market hits portfolio holdings
Shares of Power Corp surge buoyed also by a 10% increase in dividend
Canadian preferred shares have underperformed most asset classes this year, but opportunities still remain
Company blames ‘investment impairments’ and changes to contract liabilities
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New chair is a consultant with Beyond Wealth Management
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The move will unite more than 11,000 employees across Canada but no jobs are to be cut as a result of the announcement
During its latest quarter the firm saw strong performance from its European arm, but weaker contributions from its Canada and U.S. divisions
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The seasoned executive will be a key contributor to the organization’s upcoming transformation
The transaction value includes a capital release of about $400 million, the Winnipeg, Manitoba-based insurer said this morning in a statement
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A goals-based investing program and new mutual fund family mark a step forward for the company
