Ca Cix News Today

By Adriano Marchese Toronto-listed stocks were higher mid-trading on Friday, with the S&P/TSX Composite Index on track to cap off the shortened week slightly...

By Robb M. Stewart Canadian asset and wealth manager CI Financial swung to a loss in the latest quarter. The Toronto-based company recorded a third-quarter...

The Canadian asset and wealth manager will use the proceeds from the sale of a minority stake in its U.S. wealth management business to pay down debt.

The acquisitive Canadian company says owning minority stakes doesn’t fit with its model and that it will use the proceeds of the sale to pay down debt.