CRA extends relief for bare trust returns as filing deadline looms
Agency says it won’t apply gross negligence penalties for non-filing of 2023 bare trust returns except in “egregious cases”
- By: Rudy Mezzetta
- March 13, 2024 March 14, 2024
- 15:42
Latest news in Industry News
CFRs, CE and cybersecurity among CIRO’s priorities for 2024
The SRO also updated its exam timeline for mutual fund dealers
- By: Melissa Shin
- March 13, 2024 March 13, 2024
- 14:16
Quebec to review tax system in effort to save money
Government's review will also examine the expenses of its departments and agencies
- By: Richard Cloutier
- March 13, 2024 March 13, 2024
- 10:41
Bank CEO average pay tops $11M despite most missing performance targets
The Big Six have released management information circulars ahead of their AGMs
- By: The Canadian Press, IE Staff
- March 12, 2024 March 12, 2024
- 15:38
Lowering interest rate cap to 35% could cost jobs and hurt GDP: report
Industry group has been pushing aggressively against the federal government's plan to lower the rate cap in the Criminal Code from 47.2% to 35%
- By: Ian Bickis, The Canadian Press
- March 12, 2024 March 12, 2024
- 15:24
CRA updates UHT guidance even as proposed changes remain unenacted
Deadline for filing underused housing tax return for 2022 and 2023 is April 30
- By: Rudy Mezzetta
- March 12, 2024 March 12, 2024
- 10:00
How to be an ally
Allyship can involve creating opportunities and sharing the accomplishments of others
- By: Melissa Shin
- March 7, 2024 March 7, 2024
- 14:37
Canadians paying billions of dollars in ‘excess’ bank fees: report
Economist says Canadians are paying too much, compared to U.K. and Australia
- By: Ian Bickis, The Canadian Press
- March 7, 2024 March 7, 2024
- 14:11
CIBC makes changes in senior executive ranks
Chief financial officer Hratch Panossian will become senior executive vice-president and head of personal and business banking, effective April 1
- By: The Canadian Press
- March 7, 2024 March 7, 2024
- 12:04
2023 saw challenges for most real estate asset classes: report
Industrial and logistics category remained resilient, while others were challenged by high interest rates and work-from-home trends
- By: Jonathan Got
- March 7, 2024 March 7, 2024
- 09:00
Hub acquires insurance and wealth firm in Ontario
The global brokerage's latest acquisition is Zavitz Insurance and Wealth
- By: IE Staff
- March 6, 2024 March 6, 2024
- 15:33
Fed’s Powell: Rate cuts likely this year, but more evidence is needed that inflation is tamed
Recent data suggest U.S. economy remains hot
- By: Christopher Rugaber, The Associated Press, The Associated Press
- March 6, 2024 March 6, 2024
- 14:29
RBC raises renewable funding target
The bank also reported little progress on reducing emissions of oil and gas financing
- By: The Canadian Press
- March 6, 2024 March 6, 2024
- 13:00
BoC holds interest rate at 5%, says too early to cut
Underlying price pressures are still persistently high, the central bank said
- By: Nojoud Al Mallees, Canadian Press, IE Staff
- March 6, 2024 March 6, 2024
- 10:35
B.C., Ontario mortgage-holders increasingly missed payments in Q4
Equifax Canada finds delinquency rates rose outside those provinces at a slower pace
- By: Rosa Saba, The Canadian Press
- March 5, 2024 March 5, 2024
- 09:38
FSRA open to strengthening requirements for financial advisor title
Credentialing bodies also discussed putting clients first at regulator's annual conference
- By: Michelle Schriver
- March 4, 2024 March 4, 2024
- 17:31
BoC expected to hold interest rates this week
Many forecasters anticipate the first rate cut to come midyear
- By: Nojoud Al Mallees, Canadian Press
- March 4, 2024 March 4, 2024
- 12:28
P.E.I. budget projects $85-million deficit, increase in health-care spending
The province has budgeted $72.7 million for housing
- By: The Canadian Press
- March 1, 2024 March 1, 2024
- 17:19
Richardson Wealth adds retention bonuses for advisors
The bonuses will total $15.2 million for advisors who stay until at least November 2026
- By: Rudy Mezzetta
- March 1, 2024 March 1, 2024
- 15:34
CMHC ends first-time homebuyer incentive
The first-time home buyers' tax credit is unaffected
- By: Ian Bickis, The Canadian Press
- March 1, 2024 March 1, 2024
- 15:15
Toronto pension firm sues Scotiabank over pension plan for doctors
Claim for $700M alleges Medicus Pension Plan was built on confidential information
- By: Michael McKiernan
- March 1, 2024 March 1, 2024
- 13:13
IRS cracks down on wealthy ‘non-filers’
Move is the latest in a series of campaigns aimed at high-wealth individuals
- By: Fatima Hussein, The Associated Press
- March 1, 2024 March 1, 2024
- 10:06
Nova Scotia indexes its tax brackets
Provincial budget states the move will save taxpayers $160 million a year by 2028
- By: Michael Tutton, Keith Doucette, The Canadian Press, IE Staff
- March 1, 2024 March 1, 2024
- 09:34
Health, education come out ahead in restrained Alberta budget
Total spending is forecast to rise by 3.9% increase from last year
- By: Bob Weber
- March 1, 2024 March 1, 2024
- 09:17
TD fast-tracking efforts to fix anti-money laundering deficiencies: CEO
The bank reported a first-quarter profit of $2.82 billion, up from $1.58 billion a year earlier
- By: Ian Bickis, The Canadian Press
- February 29, 2024 February 29, 2024
- 13:59