Latest news in Industry News

The Victoria government building beside an aboriginal totem pole.

B.C. Supreme Court orders fraudster to forfeit LIF payments

Ruling follows changes in 2023 to province's pension act

  • By: IE Staff
  • December 27, 2024 December 27, 2024
  • 15:28
Scotiabank

Scotiabank closes US$2.8B acquisition of KeyCorp stake

Scotiabank, which now owns 14.9% of the U.S. bank, says the deal is a cost-effective, low-risk way to invest in America

Disability sign, white wheelchair graphic on blue background

Do not claw back the Canada Disability Benefit: feds

Newfoundland and Labrador will increase support for people with disabilities

House of commons

Liberal tax promise tracker, post–fall economic statement

A look at the status of selected tax proposals from the Trudeau government

Man signs a mortgage

Canadians saved $4.2M under FCAC mortgage relief guideline

Number of variable-rate mortgages with fixed payments in negative amortization decreased for four straight quarters

National Bank

National Bank gets final approval for Canadian Western Bank takeover

The roughly $5-billion deal is set to close Feb. 3

hand holding a megaphone

CPA Canada split from Ontario, Quebec groups becomes official

Affected CPAs will have the option to become members of the national group

map of Canada with a hand underneath

Trudeau shuffles cabinet as his government faces new election threat

Ginette Petitpas-Taylor named president of the Treasury Board, Élisabeth Brière becomes national revenue minister

Canadian money

Federal government posts $14.5B deficit for April-to-October period

That's compared to a $15.1B deficit over the same period last year

CPPIB spending $690M for minority stake in software firm Regnology

The firm makes software focused on regulatory reporting solutions for financial institutions

Client listening to a lawyer or advisor explaining issues

FSRA finds ‘high incidence’ of life agents who don’t follow best practices

Reviews of 319 insurance advisors in Ontario raise consumer protection concerns

Federal Reserve building

U.S. rate cut driven by data and political ‘uncertainty’

Loonie gained today, but remained below 70 cents US

  • By: Kevin Press
  • December 19, 2024 December 19, 2024
  • 16:00
parliament hill

Measures for biz in fall economic statement target productivity

Feds boost SR&ED, renew accelerated investment incentive

map of Canada with a hand underneath

Global bank Santander looks to enter Canada

The entry of Spain's Banco Santander could make Canada's banking sector more competitive

Broken piggy bank with bandage on it

CWB Financial reports smaller Q4 profit than last year

Provision for credit losses rose for CWB ahead of its acquisition by National Bank of Canada

Low-cost bank accounts, free flow of financial services measures announced amid cabinet ruckus

Free bank accounts, capping NSF fees, CPP updates

Canadian Parliament Building at Dusk

Fall economic statement released after Freeland resignation delay

News on the Canada Disability Benefit, automatic tax filing, AML and open banking

Trudeau taps LeBlanc as finance minister after Freeland resigns

Dominic LeBlanc was sworn in at a ceremony at Rideau Hall

Tiff Macklem with Chrystia Freeland

Chrystia Freeland quits cabinet the day of fall economic statement

Prime Minister Justin Trudeau offered her another cabinet role on Friday

Pension saving

Ottawa to remove 30% investment cap for Canadian pension funds

Canada is 'in a global fight for capital,' Freeland says

School exam student's taking educational admission test in class, thinking hard, writing answer in university classroom, education and world literacy day concept (School exam student's taking educational admission test in class, thinking hard, writing

FP Canada releases October exam results

Three quarters of first-time writers passed

Scotiabank

Scotiabank wins regulatory approval for second phase of KeyCorp investment

The Canadian bank announced in August a plan to acquire a 14.9% stake in KeyCorp

Businesspeople monitoring corporate statistics

Women’s wealth is growing. Isn’t it time more women managed that wealth?

The industry must reshape how students perceive wealth management

Couple signing a contract

CALU to review dual membership requirement

Latest task force will consider whether conference members must also be Advocis members

Bank of Canada note

Has the Bank of Canada cut too deep?

"Underlying growth momentum has been robust," TD senior economist writes

  • By: Kevin Press
  • December 11, 2024 December 11, 2024
  • 14:11