15:24:11 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



CI Financial Corp
Symbol CIX
Shares Issued 222,238,437
Close 2020-01-28 C$ 23.50
Market Cap C$ 5,222,603,270
Recent Sedar Documents

Globe says CI Financial halts employee travel to China

2020-01-29 08:03 ET - In the News

The Globe and Mail reports in its Wednesday, Jan. 29, edition that Canadian companies are banning travel to China and instructing staff to work from home if they have recently gone there. The Globe's Brent Jang and Joe Castaldo write that the novel coronavirus had killed at least 100 people and infected thousands of others as of Tuesday, with more than 4,600 confirmed cases in China. Those numbers have put a chill on companies that do business in China. At CI Financial ($23.50), for example, the human resources department sent a memo to employees to ask them to halt or reschedule any planned trips to China and Hong Kong. "During this time of uncertainty, we request that all employees planning to travel to Hong Kong and China cancel or delay their travel until the virus is contained," according to the internal memo. "All employees who have travelled to Hong Kong or China any time after Jan. 12, 2020, are asked to work from home for 14 days following their last departure from those areas, including those who have already returned to work." CI Financial spokesman Murray Oxby said the company has a small investment research office in Hong Kong, where analysts focus on the Asian economy.

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