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Young worried woman with empty piggy bank

OSFI defers liquidity guidance for high-interest savings ETFs

The banking regulator will confirm any changes to liquidity requirements in October

  • By: IE Staff
  • July 19, 2023 July 19, 2023
  • 17:25

Working with a financial planner boosts household resilience: study

Research commissioned by FP Canada and IQPF measured Canadians' ability to get through financial hardships

  • By: IE Staff
  • July 19, 2023 July 19, 2023
  • 14:16

TD Bank Group says Schwab stake expected to add $182M in profit for Q3

The bank's financial results will be released Aug. 24

Thousands of B.C. families will see an increase in government family benefit plan

The boost is part of the province's $4.5 billion in family supports

Inflation relief felt largely at the gas pump

Food and housing costs continue to rise

Human and technology concept. Human resources. Communication network.

AI could make financial planning more accessible, suggest some in the sector

The focus is on serving younger, less knowledgeable clients

Inflation, growth of food sales, growth of market basket or consumer price index concept. Shopping basket with foods on arrow.

Canada’s inflation rate tumbles to 2.8% in June

But Canadians continue to pay substantially higher prices for groceries

Graph tablet

What does the Nasdaq 100 rebalancing mean for investors?

Index funds will be forced to adjust their weightings, but actively managed funds may not have to make as many changes

Modern office building close up in sunlight

TD says racial equity audit to be finished by Oct. 31

The bank is the farthest along in this process among the Big Six

stock market bounce back

Emerge ETFs rebound as cease-trade order and firm wind-down continue

Volatility is to be expected in thematic tech funds, says Morningstar expert

CRA removes guidance flagged by Taxpayers’ Ombudsperson

Agency had been directing taxpayers to contact a CRA official before speaking with their tax advisor

Founder of failed crypto lending platform Celsius Network arrested on fraud charges

The man was charged with securities, commodities and wire fraud

senior colleague back to work with face mask greeting on each other in office morning stock photo

No post-secondary diploma? QAFP certification still possible

Candidates with five years' financial planning–related experience can qualify, FP Canada says

Manitoba consults on title protection

The province is asking for feedback and comparing other provinces' regulations

new rules

CIRO publishes revisions to proposed derivatives conduct rules

Comment period ends Aug. 14

  • By: IE Staff
  • July 13, 2023 July 13, 2023
  • 13:12

Supreme Court won’t examine sharing of Canadian bank account info with U.S.

The case began when two U.S.-born women living in Canada contested the legislation

Exterior of CRA headquarters building

Updated GAAR guidance could boost reporting under expanded mandatory disclosure rules

Advisors will need to consider whether to report transactions even if they're not required to

Bank buildings

Laurentian Bank launches strategic review that could lead to sale

The bank said it's committed to its 2023 strategy and fiscal priorities while the review takes place

  • By: IE Staff
  • July 11, 2023 July 11, 2023
  • 17:49
House placed on coins Men's hand is planning savings money of coins to buy a home concept concept for property ladder, mortgage and real estate investment. for saving or investment for a house,

OSFI proposes changes to capital requirements with eye on mortgage risks

Regulator says proposals should encourage banks to reduce the number of mortgages that would go into negative amortization

Why clients with large RRSPs and RRIFs might benefit from earlier withdrawals

Strategic withdrawals allow clients to smooth out their income levels over retirement

Two entrepreneurs working on their bills in the retail store

As pandemic business loan repayment deadline looms, calls for extending deadline grow

Businesses that pay back their loans by the end of the year are eligible to have up to one-third of their loans forgiven

Ottawa extends consultation period for RBC–HSBC deal after technical difficulties

Finance extended the consultation period by 15 days to July 21

House of Commons in Ottawa

Liberal tax promise tracker, summer 2023 edition

Here’s the status of tax proposals that matter to your clients

Brookfield Reinsurance signs deal for American Equity Investment Life Holding Co.

The US$4.3-billion deal is expected to close in the first half of 2024

IGM Financial cutting jobs and office space in search for savings

The company plans to reduce IG Wealth Management offices