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iA Financial Corporation Inc.

CA$209.85Last updated
-CA$1.83 (0.86%)Past day
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iA Financial Corporation Inc. (TSX: IAG) is trading at CA$209.85, about ₹14,276 at today's CAD/INR rate, as of 25 Sep 2026, 4:00 PM ET, down 0.86% today. Indian residents can buy iA Financial from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:CA$212.30
Previous close:CA$211.68
Volume:246.51K

Today's low

CA$208.89

Today's high

CA$212.47

52 week low

CA$145.44

52 week high

CA$223.72

IAG opened at CA$212.30, closed previously at CA$211.68, and has traded between CA$145.44 and CA$223.72 over the past 52 weeks.

About

iA Financial Corporation Inc., provides insurance and wealth management services for individual and group basis in Canada and the United States. It operates through Insurance, Canada; Wealth Management; US Operations; and Investment segments. The company offers life, health, auto, home, and creditor insurance products; replacement insurance products and warranties; extended warranties and other ancillary products for dealer services; and specialized products for special markets; and life insurance products and extended warranties relating to dealer services. It also provides savings plans, retirement, and segregated funds, securities brokerage, trust operations, and mutual funds. In addition, the company offers car, RV, mortgage, disability, travel, medical and paramedical care, homecare, vision and dental care, accidental death and dismemberment, disability management, transit, and critical illness insurance products. Further, the company provides investment funds; registered retirement savings plan (RRSP), tax-free savings account, tax-free first home savings account, individual pension plan, locked-in retirement account, and non-registered savings plan; registered retirement income fund, life income fund, and annuities; registered education savings plans (RESP); and RRSP, RESP, and investment loans. Additionally, it owns and manages real estate portfolio of commercial space for lease for offices, businesses, etc.; manufactures and distributes automobile protection products; provides vehicle warranty and related software and services; digital property and casualty insurance distribution services; life insurance, mutual fund, securities, and cross border securities brokerage services; trust service; auto finance; ancillary automotive products; and automobile warranty services, as well as operates as an independent warranty providers and administrators in the used vehicle market. The company was founded in 1892 and is headquartered in Quebec City, Canada.

Country
CA
CEO
Denis Ricard
Exchange listed on
TSX
Industry
Insurance - Diversified
Base currency
CAD
Full Time Employees
10,347
Sector
Financial Services
IPO date
10/02/2000

Key statistics

Avg. volume

302.49K

Market cap

CA$18.68B

P/E Ratio

17.91

Price-to-sales ratio

1.38

Enterprise value

CA$18.85B

Free cash flow yield

14.34%

Debt-to-equity ratio

0.25

Return on equity

13.70%

ROIC

0.84%

Beta

0.70

Dividend yield

1.99%

Last dividend

CA$4.18

Financial overview

Revenue

CA$11.31B

Earnings per share

CA$11.32

Free cash flow

CA$3.21B

Net profit margin

8.29%

Gross margin

72.78%

EBITDA

CA$1.75B

Revenue growth

42.70%

Similar securities

This is not an investment recommendation

How to buy iA Financial from India

Indian residents can buy iA Financial shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to CAD.

  3. Search for iA Financial and place an order

    Find iA Financial by name or by its ticker, IAG, and choose an order type. iA Financial trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your iA Financial position in CAD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.

Read the full guide: how to invest in iA Financial from India

Trading and taxes when buying iA Financial from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
Slab rateDividends are taxed at your slab rate in India. iA Financial’s current yield is 1.99%.Dividend tax explained

Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

FAQs

Can Indian residents buy iA Financial stock?

Yes. iA Financial (IAG) has been listed on the Toronto Stock Exchange since 2000, in the Insurance - Diversified industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

How much does one iA Financial share cost in rupees?

One iA Financial share is CA$209.85 — about ₹14,276 at a CAD/INR rate of 68.03 on 25 Sep 2026. Both the iA Financial price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying iA Financial from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

How are gains on iA Financial shares taxed in India?

Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the iA Financial price. Paasa issues a capital-gains statement for your return.

Does iA Financial pay a dividend, and how is it taxed in India?

Yes. iA Financial pays a dividend and the current yield is 1.99%; the last declared dividend was CA$4.18 per share, about ₹284.36. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.

When can I trade iA Financial from India?

The Toronto Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when Canada is on standard time. Orders can only execute during that window.

Do I have to declare iA Financial shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your iA Financial holding, its cost and its closing value.

How do I sell iA Financial and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.

Does the rupee rate affect what I make on iA Financial?

Yes. iA Financial is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.