CRA announces prescribed rate for Q1 2025
Agency confirms the interest rate Canadians must pay on overdue tax will drop to 8%
- By: Michelle Schriver
- December 9, 2024 December 9, 2024
- 15:35
Agency confirms the interest rate Canadians must pay on overdue tax will drop to 8%
The parliamentary budget officer is projecting a $46.8 billion deficit for the last fiscal year
The decision was not related to National Bank of Canada's plan to acquire the company
Canadian wealth management, insurance advisory shops are hot properties as M&A activity ramps up
Deal expected to close summer 2025
The bank says it will put out its year-end results in mid-December
The banks reported mixed results this week
The company bought back the 20% stake in the business that was owned by Scotiabank in 2023
Revenue for the quarter totalled $6.62 billion, up from $5.85 billion in the same quarter last year
Adjusted earnings were down in what chief executive Bharat Masrani called a challenging quarter
BMO Financial Group significantly missed analyst earnings expectations
Latest office launch in Halifax follows Frederiction launch earlier this autumn
"The matter between Mr. Pollock and his former employer has settled," counsel says
Review will look at assets, investments, not benefits or contribution rates
Scotiabank earned $1.57 per diluted share on an adjusted basic, up from $1.23 a year ago
And other insurtech and wealthtech news
The cuts are not reflective of the state of the underlying business, the firm says
Canada needs to move faster on sustainable finance framework
The company refuted a media report that a sale could be in the works
Shareholders to get $32 per share in cash, a 33% premium relative to the last closing price
RBC still requires the credential in retail branches, FSRA provides date for forthcoming title protection review
Here's how advisors can prevent AI hallucinations, privacy breaches
Witherington will be moving from head of Asia to running the whole company
Certification body agrees not to challenge CIFP’s right to use trademarked Chartered Financial Planner designation
GST break will run Dec. 14 to Feb. 15; cheques will go out in the spring