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Shot of a senior woman in a wheelchair being cared for a nurse

CRA launches new digital form for DTC applications

Fully digital disability tax credit application form is intended to simplify and speed application process

Computer screen

TSXV considering faster, cheaper junior market

Venture exchange plans series of initiatives to enhance appeal of public listing

Crowded boardroom

Canaccord take-private bid over as management offer expires

Proposed deal ends with standstill agreement and executive changes

Canada Life acquires Value Partners Group

Deal adds investment counsel portfolio managers to Canada Life

words ESG on a wood block and Future environmental conservation and sustainable ESG modernization development by using the technology of renewable resources to reduce pollution and carbon emission.

ISS takes on anti-ESG critics

Proxy advice grounded in market input and client demand, firm says

Toronto real estate

Ontario Teachers’ to move real estate division in-house

John Sullivan will retire from Cadillac Fairview in November

House for sale

How is an FHSA taxed at death? 

It’s not too early to consider the estate implications if someone dies while holding an FHSA

Rate hike prompted by higher risk of sticky inflation: BoC’s Beaudry

Stronger growth, tight labour market, and rise in inflation clinched the decision to raise key interest rate

ESG dividends

How to improve responsible investing conversations with clients

There’s more to ESG discussions than asking investors what they want to avoid

Collection of Euro bills

Europe’s economy shrank. For households that are hurting, it’s just numbers

The eurozone had a technical recession, with output dropping in Q4 2022 and Q1 2023

Laundering money

Feds consult on fighting money laundering and terrorist financing

Government also seeks comment on creation of new financial crimes agency

Stacking interest rate blocks

Bank of Canada raises key interest rate amid stubbornly high inflation

Key interest rate now sits at 4.75%, highest it's been since 2001

Rejected contract

Canaccord board to shareholders: reject management buyout

The special committee evaluating the offer was unanimous in its recommendation

FSRA targets advisor chargeback in updated DSC proposal

New proposed amendment addresses removal of DSCs on existing seg fund contracts

  • By: IE Staff
  • June 2, 2023 June 2, 2023
  • 13:47

Canaccord management group providing no assurance that offer will be extended

The group said there's "no reasonable chance" conditions will be met by a June 13 deadline

Laurentian Bank reports Q2 profit down from year ago

The bank raised its quarterly dividend

Painting pollution green with a highlighter

ESMA seeks solutions to greenwashing

The risk of misleading disclosure pervades sustainable product lineups, European regulators say

Why clients should be cautioned about fintech services

Without open banking, Canadians' data is at greater risk when they use unregulated apps

chart showing downward movement

DBRS changes CI trend to negative, keeps rating unchanged

Announcement follows S&P's downgrade of firm in early May

National Bank

National Bank reports Q2 profit down from year ago, raises quarterly dividend

Reports profit of $847 million for the quarter ended April 30, down from $889 million a year earlier

CRA announces prescribed rate for Q3

After rising for four consecutive quarters, interest rate charged on overdue tax to stand steady

Great-West Lifeco sells Putnam Investments to Franklin Templeton

Barclays analyst predicts Winnipeg-based insurer will deploy capital to strategic growth avenues

Cyberattacks a matter of when, not if: industry leaders

Firms should prepare and test responses, executives said at an IFIC event

Parliament Hill in Ottawa - Ontario, Canada

Feds name three managers for $400-million social finance fund

Fund managers will receive money over the next five years to make social finance investments

Life insurers increase Assuris protection

Clients now get protection for at least 90% of their death benefits, seg fund guarantees and other coverages if their life insurer fails