Scheme promoters are claiming that individuals can transfer funds RRSPs or RRIFs into TFSAs without paying taxes.
Manulife saw an overall downturn of its net income attributed to shareholders, including a loss in Canada.
This will harmonize the DSC ban across Canada.
The new exchange traded funds are expected to begin trading on May 10 .
Two of the key players took Insurance Portal behind the scenes of the deal, which was announced earlier this month.
A group of institutions will complete a group annuity buy-out for General Motors.
Three bond funds will close effective June 25.