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Bank consolidation

Big banks’ foreign success brings added risk too

Growth of banks' foreign operations raises vulnerabilities: BoC paper

Air raid sirens

FP Canada names top performers of latest CFP exam

October sitting had 399 candidates

  • By: IE Staff
  • January 9, 2025 January 9, 2025
  • 16:00
Binder with papers

CPP ‘money-back guarantee’ for early death could eliminate breakeven bias

A death benefit of missed-out CPP payments also makes pension system more equitable

Agreement win-win

Financial services consolidation ahead

PwC Canada forecasting "continued, significant transactions"

Magnifying glass on documents

RCMP brings in pilot advisory group to bolster capital market investigations

The group will support the force's Integrated Market Enforcement Team efforts

  • By: IE Staff
  • January 8, 2025 January 9, 2025
  • 12:01

Cardinal Point Management becomes Focus Financial’s fifth hub

New York wealth management firm sees Canada as growth market

oil pump

Economic opportunities for a post-Trudeau Canada

Investors in Canada could benefit from a change in government

Canada US

No ‘snowball’s chance in hell’ of Canada becoming 51st state: Trudeau

On Tuesday, Trump threatened to use "economic force" to compel Canada to join the U.S.

Man signs a mortgage

Bank CEO worries shift to political uncertainty as mortgage risks ease

Big banks preparing for range of scenarios with incoming Trump administration

CRA signage

Finance confirms CRA will administer capital gains tax changes

Whether Parliament is prorogued or dissolved, the agency generally continues to administer proposed legislation

will and testament signature

In Ontario, intestate provision treating separated spouses as divorced takes full effect

Updating a will should still top a client’s separation checklist, lawyer says

Scotiabank

Scotiabank selling operations in Colombia, Costa Rica and Panama to Davivienda

The bank will take an after-tax impairment loss of $1.4 billion in Q1 2025

House of Commons in Ottawa

Prorogation upends capital gains proposal but CRA yet to offer guidance

The capital gains tax changes were tabled in a notice of ways and means motion in September

Computer tapping

Tech roundup: Canadian banks adopt AI to fill productivity gap

Also, options trading available for registered accounts in online brokerage app

Business groups call for unity as Trudeau announcement creates uncertainty

The Prime Minister will resign following a Liberal leadership contest

Advisor meeting clients at their home

Defined benefit pension funds ended 2024 on a high

Funding and solvency ratios reached levels not seen since the dot-com era

Some tax measures in effect as of Jan. 1 come with a caveat

As with the proposed capital gains changes, certain provisions aren't yet law

Visually impaired person walking in the street

RDSPs an underused savings tool for people with disabilities

Only 21% of those living with a disability are aware of RDSPs

inequality between leader and workers

Canada’s 100 highest-paid CEOs earned $13.2 million on average in 2023: report

The top-paid CEOs earned 210 times more than the average worker

Man calculating financial bills at home

It’s a new year. What financial changes take effect in 2025?

Canadians filing tax returns this year can expect changes to tax brackets, CPP contributions and benefits, capital gains and more

SEC names co-directors of enforcement

U.S. stock markets to remain closed in honour of Jimmy Carter on National Day of Mourning

President Joe Biden declared Jan. 9 as a National Day of Mourning

broadcast

Our best reads of 2024

Our eight favourite stories — wacky ticker names, AI hoopla, the Emerge ETF debacle and more

Rule change

Finance raises auto deduction rates, maintains zero-emission ceiling

Deduction limits have increased in recent years in response to inflation

parliament hill

Finance extends deadline for 2024 charitable donations

Extension aims to mitigate impact of month-long Canada Post strike

Stock market

A by-the-numbers look back at Canadian finance in 2024

Key figures that tell the story of a remarkable 2024