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Feds soften banks’ recovery dividend in draft legislation

However, the bank and insurer surtax remains at 1.5% for profits over $100M

Happy mature woman holding hands with her family while moving up the hill towards their picnic place.

New and upgraded tax credits coming for clients

The Liberal government is moving ahead with tax proposals

Vacation tips for advisors

To ease client worries, advisors may need to be responsive in case of emergencies

Canaccord reports first quarter net loss

The "abrupt deceleration" in world markets impacted the firm's financial performance, CEO said

‘What recession?’ U.S. employers add 528,000 jobs in July

Economists believe jobs market kept economy from slipping into downturn

IGM Financial reports Q2 net fund redemptions, 12.7% earnings drop

Assets under advisement and management dropped nearly 10% from the previous quarter

  • By: IE Staff
  • August 5, 2022 August 5, 2022
  • 14:10

Canadians can’t walk the personal finance talk

Self-reported financial skills aren't backed by evidence, a CPA Canada survey finds

Man searches for job on the internet

Two months of Canadian job losses sign of shifting economy: economist

Drop in participation means unemployment unchanged from June

A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t

Court calls for more evidence in closet indexing case

Class action certification decision awaits support of central allegation

Doing Homework

Why did you write the CFP exam?

FP Canada surveyed the most recent round of candidates

  • By: IE Staff
  • August 4, 2022 August 4, 2022
  • 15:46

Sun Life profits fall on DentaQuest acquisition, ‘unfavourable’ market impacts

Wealth sales in Canada dropped 10% from a year ago

GWL reports strong Q2 investment, insurance results

Lower mutual, segregated fund sales dampen Canadian results

  • By: IE Staff
  • August 4, 2022 August 4, 2022
  • 14:22
The facade of the Royal Exchange in the City of London

BoE predicts recession at end of 2022

Inflation in the U.K. is expected to surge to 13% in the fourth quarter

oil pump

OPEC+ boosts oil output by slower pace than previous months

With Brent at more than $US100 per barrel, high oil prices may persist for some time

Low angle view of Skyscrapers in downtown Toronto during the day

TD Bank Group to acquire U.S. investment firm Cowen Inc. for US$1.3 billion

The combined business will operate as TD Cowen, a division of TD Securities

Financial stock exchange market display screen board on the street

Securities industry gears up for shift to T+1

As U.S. industry releases plan, Canadian firms' readiness lags

stock market down

RF Capital posts record revenue in Q2 despite $3.2B drop in AUA

Richardson Wealth added three new advisor teams and lost one during a "challenging" quarter

Canada Parliament and Canadian Flag over blue sky.

Ottawa posts surplus of $5.3B for first two months of 2022-23 fiscal year

Public debt charges up 44.2%

variety of euro coins and bills

Inflation hits record 8.9% in euro area, but economy grows

ING warns of ‘no imminent signs of relief’ as energy prices rise nearly 40% in eurozone

Canadian economy avoids contraction in May, economists expect continued slowdown

StatsCan estimates 4.6% Q2 growth; manufacturing and construction saw the largest declines in May

A bear rests on top of a downward pointing stock chart.

iA reports lower profit, hikes dividend

Volatile markets contributed to losses in the insurance and wealth management businesses

  • By: IE Staff
  • July 28, 2022 July 28, 2022
  • 12:53
climate change

Banks, asset managers far from hitting Paris climate targets: report

No major bank has committed to end financing for new oil and gas exploration

blurred lights on stage, drama theatre show background

FP Canada announces top performers for May QAFP exam

Melissa Laursen, Laura Wierzbicki and Adam Malcolm received the QAFP exam award of merit

  • By: IE Staff
  • July 27, 2022 July 27, 2022
  • 13:11
A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t

MFDA bans, fines rep $50K for misappropriating, borrowing client funds

The money was used to satisfy a margin call

  • By: IE Staff
  • July 22, 2022 July 22, 2022
  • 16:09

Russia’s central bank slashes rate, saying inflation slows

The interest rate cut comes as central banks around the world are rushing in the opposite direction