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A black couple are in a meeting with their financial advisor. They are devising a financial plan to send their kids to university at their kitchen table.

Clients stick with advisors because of personalization: survey

In-person meetings are still the most preferred method of communication

Industry moves: Dave Kelly takes on new COO role with Richardson Wealth

Plus, new head of Fiera Canada, and IG Wealth focuses on recruitment

  • By: Katie Keir
  • January 9, 2024 January 9, 2024
  • 16:43
CIBC bank downtown

Bank CEOs expect further loan-loss provisions and pressure on lending in 2024

Markets may be overly optimistic that central banks will lower rates this year

Sustainable investing

Big banks’ ‘sustainable finance’ label misleading, investor group alleges

Banks not backing up their claims with data, says securities complaint filed with OSC and AMF

home building

Industry asks feds to extend UHT filing exemption

Proposed exemption from filing the underused housing tax return would only apply for 2023 onward, not 2022

binoculars

Interest rate cuts could arrive with spring: Deloitte

The firm's economic outlook predicts stagnant growth during the year's first half

Liberal tax promise tracker, winter break edition

Another look at the status of major tax proposals from the Trudeau government

cryptocurrencies

Monex Group to buy majority stake in 3iQ

3iQ will have a global footprint with distribution outside of Canada

Board room deal making

Great West Lifeco closes Putnam Investments sale to Franklin Templeton

The deal includes a partnership that will see Great-West Lifeco distribute Franklin Templeton products

Here are the changes to CPP deductions starting in 2024

The CPP now includes a new, second earnings ceiling

Brokerage app Webull launches in Canada

Discount brokerage offers Canadian and U.S. equities

Key tax measures that took effect Jan. 1

Tax on share buybacks, employee ownership trusts and new family biz transfer rules became effective New Year's Day

Modern urban skyscrapers in downtown Chicago from below to the blue summer sky. Sun reflecting in the glass facades of the urban futuristic buildings. Chicago, Illinois, USA

Banking changes to look out for in 2024

Open banking, binding resolution for OBSI are among issues to watch

A silhouetted businessman stands on top of a mountain peak and looks into the distance with a spyglass in front of a dramatic sunset in the distance

Five things to watch for in Canadian business in 2024

Households, companies face a challenging economic environment

parliament hill

Federal government posts $15B deficit between April and October

Public debt charges were up 38% compared to the same period last year

RBC’s takeover of HSBC Canada means less competition on mortgage rates: expert

The finance minister approved the transaction, with conditions

CRA has assessed $30M in underused housing tax to date

Fewer than 2% of UHT returns have involved tax owing

Aon to acquire NFP in major brokerage merger

NFP had recently expanded its wealth management capabilities

U.S. Canada flag

IRS to waive penalties for people owing back taxes for 2020, 2021

The relief could be good news for U.S. persons in Canada

Modern Keyboard Button with Vote Icon - Online Voting and Election Concept

ISS seeks board diversity boost for Canadian companies

New proxy voting policy in effect for 2024 annual meetings

FP Canada announces CFP exam results for October

The sitting was the largest this year, with more in-person candidates

  • By: IE Staff
  • December 19, 2023 December 19, 2023
  • 12:27
TD bank. stock photo

TD’s racial equity audit a significant first step, but incomplete: shareholder

The B.C. union that requested the audit says it hopes to see further analysis

Fintech roundup: Firms partner up to bolster wealth management services

FusionIQ has a new compliance partner, while Croesus works with Mako on KYC

Hands counts money on American flag background

Investors reduced foreign equities holdings in October: StatsCan

Foreign investors sold Canadian securities, while Canadians divested U.S. stocks

Modern office building close up in sunlight

Canada’s biggest banks come in at bottom of low-carbon finance ranking

National Bank was a notable outlier