Royal Bank of Canada is reporting nearly $2.8 billion of net income for its fiscal third quarter and an unexpectedly large increase to its quarterly dividend.

Robo-adviser Wealthsimple has launched a new investment portfolio for observant Muslims, a move the company says builds off its success targeting smaller, underserviced groups of investors.

A mandatory review of the country's largest seniors benefit program is predicting all-time highs in spending over the coming years with waves of baby boomer retirements — spending levels that could have been even higher if not for changes to the public pension program.