Skip to main content
The Globe and Mail
Support Quality Journalism.
The Globe and Mail
First Access to Latest
Investment News
Collection of curated
e-books and guides
Inform your decisions via
Globe Investor Tools
Just$1.99
per week
for first 24 weeks

Enjoy unlimited digital access
Enjoy Unlimited Digital Access
Get full access to globeandmail.com
Just $1.99per week for the first 24weeks
Just $1.99per week for the first 24weeks
var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o?"add":"remove"](select.open),dom.root.classList[o?"remove":"add"](select.closed),dom.control.setAttribute("aria-expanded",o)}function onToggleClicked(){var l=!isPanelOpen();setPanelState(l)}function onWindowScroll(){window.requestAnimationFrame(function() {var l=isPanelOpen(),n=0===(document.body.scrollTop||document.documentElement.scrollTop);n||l||!allowExpand?n&&l&&(allowExpand=!0,setPanelState(!1)):(allowExpand=!1,setPanelState(!0))});}pencilInit(".js-sub-pencil",!1); // via darwin-bg var slideIndex = 0; carousel(); function carousel() { var i; var x = document.getElementsByClassName("subs_valueprop"); for (i = 0; i < x.length; i++) { x[i].style.display = "none"; } slideIndex++; if (slideIndex> x.length) { slideIndex = 1; } x[slideIndex - 1].style.display = "block"; setTimeout(carousel, 2500); } //

Life insurance sales spike during pandemic among younger buyers: A growing number of younger Canadians are buying life insurance coverage online as the novel coronavirus pandemic spurs worries about economic uncertainty and puts a spotlight on potential health risks. (Clare O’Hara)

Pandemic boosts premium for private-equity firm’s sale of veterinary clinic chain: A Canadian private-equity company has sold its majority stake in a chain of veterinary clinics in a deal that executives said generated a hefty return because of the business’s ability to boost earnings during the COVID-19 pandemic. (Jeffrey Jones)

Ontario Teachers’ Pension Plan buying stake in New Zealand medical laboratory testing company: The Ontario Teachers’ Pension Plan (OTPP) is buying a 50-per-cent stake in New Zealand medical laboratory testing company Asia Pacific Healthcare Group (APHG), the latest of several investments targeting the health-care industry. (Yeji Jesse Lee)

Story continues below advertisement

CI Financial’s U.S. wealth business to grow by 70 per cent with acquisition of Illinois based BDF: Money manager CI Financial Inc. is continuing its aggressive and rapid U.S. expansion with a deal that will increase its assets there to more than US$11-billion. (David Milstead)

Dragon to the rescue: Michele Romanow and partner launch new venture to source PPE during pandemic: Dragons’ Den star Michele Romanow and business partner Anatoliy Melnichuk set out to do a good deed when they went looking for scarce personal protective equipment in late March as the COVID-19 pandemic spread. (Sean Silcoff)

U.K. tech investment fund chooses Canada for North American headquarters: A U.K.-based investment fund that specializes in developing ultra-early-stage tech companies by backing individual entrepreneurs directly is launching operations in North America with a new office in Toronto. (Yeji Jesse Lee)

Former BMO CEO Tony Comper revamps charity focused on anti-Semitism: An educational organization launched by former Bank of Montreal chief executive officer Tony Comper and his late wife, Elizabeth, to combat anti-Semitism in Canada is bringing in new leadership as incidents of discrimination and hate in the community continue to rise. (James Bradshaw)

BMO signs deal to offer digital chequing accounts in U.S. through Google Pay: Bank of Montreal has signed a deal with Google to offer digital chequing accounts in the U.S. through Google Pay, the technology giant’s mobile payment app, as banks increasingly cozy up to Silicon Valley to head off the threat of digital disruption. (James Bradshaw)

Halifax startup Groundhog sues U.S. company, claiming it stole trade secrets: Halifax financial-tech startup Groundhog has filed a lawsuit against a Brooklyn blockchain company founded by one of the pioneers of popular cryptocurrency ethereum, alleging it stole trade secrets and developed a crypto-payment product that undercut Groundhog’s own. (Josh O’Kane)

The Streetwise newsletter is Monday to Friday. If you’re reading this on the web, or if someone forwarded this e-mail to you, you can sign up for Streetwise and all Globe newsletters on our signup page.

Your Globe

Build your personal news feed

  1. Follow topics and authors relevant to your reading interests.
  2. Check your Following feed daily, and never miss an article. Access your Following feed from your account menu at the top right corner of every page.

Follow topics related to this article:

View more suggestions in Following Read more about following topics and authors
Report an error Editorial code of conduct
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

If you do not see your comment posted immediately, it is being reviewed by the moderation team and may appear shortly, generally within an hour.

We aim to have all comments reviewed in a timely manner.

Comments that violate our community guidelines will not be posted.

UPDATED: Read our community guidelines here

Discussion loading ...

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies