Bakish Wealth Partners with Heritage MD to Bring Wealth Offering to Healthcare Professionals Across Canada
MONTREAL, QC and TORONTO, ON–Bakish Wealth, with its 20-year history of serving healthcare professionals across Canada with disciplined investment and financial plans, and Heritage MD, a specialized advisory firm co-created with physician leadership of the McGill University Health Centre (MUHC) and aligned with the MUHC Foundation, are pleased to announce …
Economic unease has Canadians thinking about financial plans, but those without a plan are less confident in retirement, KPMG poll finds
Canadians with professional financial plans are more confident about their finances, while the technology vs. human advisor divide is stark between generations TORONTO, ON–While economic uncertainty has increased Canadians’ concerns about their finances, a new report from KPMG in Canada shows that those who have a professional financial plan are …
More than Half of Gen Z Canadians Feel Pressured to ‘Fake’ Financial Stability: TD Survey
Gen Z is anxious about their finances, and feeling conflicted and under pressure to keep up appearances despite struggling with rising costs and low income TORONTO, ON–For many young Canadians, building a life after graduation comes with pressure to “fake it till you make it”. A new TD survey reveals …
Differences in people’s age explains most wealth inequality in Canada
TORONTO, ON–In Canada, age largely explains the different levels of wealth among people, finds a new study released by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “It’s a natural phenomenon–younger people accumulate debt, begin paying it down as they enter the workforce, then begin to accumulate wealth …
Millennials Weighed Down By Financial Worries: RBC Poll
by Craig Bannon With the oldest Millennials now into their 40s, RBC and Ipsos recently conducted research to ask this generation (ages 27 to 42) how they were feeling about their finances today and for the future. What our annual RBC Financial Independence Poll showed us is that Millennials are …
Ontario Teachers’ agrees to acquire HomeEquity Bank
TORONTO, ON– Ontario Teachers’ Pension Plan Board has agreed to acquire HomeQ Corporation, the parent company of HomeEquity Bank, from Birch Hill Equity Partners Management Inc. and the other minority shareholders of HomeQ. The completion of the acquisition is subject to receipt of required regulatory approvals, which the parties expect to …
Scotiabank establishes Global Wealth Management as formal business line,
Global Wealth Management uniquely positioned for growth TORONTO–Scotiabank is establishing Global Wealth Management (GWM) as a distinct business line, given its significant scale, double-digit asset growth over the last few years, and strong continued contribution to all-Bank earnings. “Establishing Global Wealth Management as a distinct business line is a testament …