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Elder couple planning

Trade war puts focus on mandatory minimum RRIF withdrawal

Liberals pledge 25% reduction in minimum withdrawal amount for one year

Scotiabank

Canada needs ‘growth-first’ agenda in volatile times: Scotiabank CEO

Scott Thomson said it's time to build capacity at home and boost productivity, rather than relying on external relationships

Hand putting Coins in glass jar with retro alarm clock for time to money saving for retirement

Canada’s retirement savings framework needs to change: SIMA

The industry organization is pushing federal parties to tweak retirement savings rules to reflect current 'economic realities'

Younger DIY investors more likely to seek human advisor: J.D. Power

Survey also revealed advised investors were happiest with National Bank, least satisfied with TD, Scotia

Insurance computer

Tech roundup: CIBC launching new AI platform in April

Also, Singapore firm releases new underwriting platform

Two people standing over table, we see their hands, one is pointing to graphs on an iPad

Envestnet brings direct indexing to UMAs in Canada

Launch is part of firm's broader initiative to expand within the country

  • By: IE Staff
  • April 1, 2025 April 1, 2025
  • 13:57
Donation grant

How much top insurance CEOs earned in 2024

CEO compensation ranged from $6.1 to $20.5 million

saving money

TFSAs more popular than RRSPs in 2023

FHSA contributors were younger and more affluent

Handshake between two businesspeople

Canaccord Genuity selling U.S. wholesale market making business

Deal with Cantor expected to close later this year

Mumbai, India

Deals: CPP Investments adds to India toll-road investment

Plus, Aussie superannuation fund invests US$300M in I Squared Capital and Ravelin Properties REIT makes headway on recapitalization plan

  • By: IE Staff
  • March 31, 2025 March 31, 2025
  • 15:32
path obstacles

Generations differ in life goals, but work-life balance a priority for all: report

Health and wellness paramount for all generations

Tax returns storage

Corporations affected by tariffs get tax deferral between April and June

Deferral includes GST/HST, T2 instalment payments and existing balances, the CRA says

Fraud allure

Charlie Javice convicted of defrauding JPMorgan out of US$175M

Founder of financial aid startup Frank faces sentencing on July 23

New leader

ATB Financial partners with U of A on leadership certification

Plus, an update on George Brown’s industry certificate program

  • By: IE Staff
  • March 28, 2025 March 28, 2025
  • 15:19
Voter on a Canada flag background.

Election 2025 tax pledges so far

What each of the major national parties has promised on taxes ahead of the April 28 vote

  • By: IE Staff
  • March 28, 2025 March 31, 2025
  • 15:06
inflation

Monetary policy alone can’t fix stagflation, experts say

“I don't envy Governor Macklem’s situation,” says Carleton University professor

Arrow up

New premiums for life insurance hit record high in 2024, while number of policies fell

Industry must do more to reach mid-market, execs say

RBC Bank branch stock photo

RBC CEO Dave McKay says bank well positioned as tariffs create uncertainty

Dave McKay said commercial clients are deferring investments

Change concept with red paper airplane leading among white

Advocis pushes for greater proficiency for FA title

Competency profile should align more closely with financial planner title, CEO says

Sun Life logo on a building

Sun Life’s comp for 2024-appointed Canada president, CFO

One board member will step down this year as term expires

Gavel and texts

Global regulators fined banks US$4.5B in 2024

Canada made the top 10 with $8.1 million in total fines

AI computer

Tech roundup: How Wealthsimple’s AI chatbot works

Also, notetaking software for advisors adds French language transcription

Quebec Parliament building

Trade war with U.S. pushes Quebec budget into record $13.6B deficit

Province plans to spend $11 billion on infrastructure over three years to stimulate the economy

Canola crop in field, Petersfield, Manitoba, Canada

Beijing’s envoy calls for more trade with Canada amid U.S. trade war

China imposed retaliatory tariffs on some Canadian agricultural exports last week

Handshake between two businesspeople

Purpose to acquire Steadyhand’s $1.3B in assets

The two firms share a passion for offering an alternative to the banks, Tom Bradley says