Proposed U.S. excise tax on money transfers could hit some cross-border clients
President Donald Trump's so-called big, beautiful bill could also affect clients' U.S.-source income
- By: Michelle Schriver
- May 29, 2025 May 30, 2025
- 17:52
President Donald Trump's so-called big, beautiful bill could also affect clients' U.S.-source income
Foreign investors reduced exposure to Canadian securities by a record $9.4 billion in Q1
PBO estimated in April 2021 basic income could cut poverty by 49%
Ottawa aims to remove all federal barriers to internal trade and labour mobility
CDB payments, which start in July, will be exempt income for ODSP, Ontario Works and ACSD
New appointments announced at Wellington-Altus, Fidelity Wealth, PenderFund and Capital Group Canada
CRA identifies one issue that may have affected tax returns filed through April 21, and additional issues may remain
PMAC, CFA Societies Canada say it's time to push forward on harmonization
The bank's wealth division has $37.2B in AUA, up 30% from the previous year
Legal developments were one factor in CPPIB's move, spokesperson says
Plus, CFIB pushes for certainty, cost relief for small business
Growth was limited to two provinces and two territories
Advise them on conflicting goals, reduced benefits and tax consequences
Plus, HUB International raises US$1.6B and pension funds bet on fibre infrastructure and energy
Canadians continued to increase investments in U.S. equities, bonds
Budget boosts penalties, SRO powers, short selling rules
Government expected to release fiscal outlook before House rises for the summer
Proposed cut to lowest federal tax bracket won't be adjusted to preserve value of tax credits
Newfoundland and Labrador among the most accessible housing markets
Business Future Pathways looks for buy-in from industry, civil society to 'mainstream' ideas
Scotia partners with ICICI to serve South Asian wealth clients
Also, CFIB calls for legislative action on lifetime capital gains exemption, Canadian Entrepreneurs' Incentive, carbon tax
Tips on what's covered and best practices from the International Financial Brokers of Canada summit
Tax-related measures to watch for in the federal budget — or sooner
IG Wealth Management sees 10.6% year over year rise in AUA to $141.5 billion