iA Financial Corporation Inc. (TSX:IAG) is looking for acquisitions. Denis Ricard, President and CEO, said "As we continue to invest in growing all our businesses, our robust capital position and strong ongoing organic capital generation allow us to increase from 5% to 8%, the maximum number of repurchases authorized under our share buyback program. This gives us the flexibility to create and return value to our shareholders while pursuing acquisition opportunities.

We continue to be very active but disciplined in seeking acquisitions to grow our current operating business segments. However, there are greater opportunities for certain business units such as our U.S. Operations". Stephan Bourbonnais EVP of Wealth Management said, "So we do see an appetite in the industry for that independent model, and that's been driving our assets as well with the market.

And as you saw, we're also looking for acquisition opportunity in tuck-ins. And this is where also the Laurentian deal came into place. So we are very much focusing on growing that distribution part of our business".