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Prescribed loan rate to rise July 1

Now is the time to lock in 1% prescribed rate on family loans, achieve income splitting opportunity

Census: 85-and-over population expected to triple in 25 years

The oldest baby boomers just turned 76; the youngest will turn 85 in 2050

Doing Homework

FP Canada recognizes top marks in latest QAFP exam

Almost 400 candidates wrote the February exam

  • By: IE Staff
  • April 26, 2022 April 26, 2022
  • 16:23
plan idea

OSC selects businesses for innovation experiments

Testing this spring will include product comparisons, client onboarding

  • By: IE Staff
  • April 25, 2022 April 26, 2022
  • 16:21

IMCO posts 9.6% net return in 2021

Private assets, systemic leverage added to performance

  • By: IE Staff
  • April 25, 2022 April 25, 2022
  • 14:56
Inflation written newspaper

Key interest rate could soon go up another half point: BoC

"Inflation is too high," Bank of Canada governor Tiff Macklem said

Queen's park, Ontario

Ontario Liberals promise to boost provincial top-up to OAS

Eligible seniors would receive up to $1,000 more annually

Factory shutdown due to outbreak of Coronavirus Disease 2019 or COVID-19. stock photo

Government data suggests First Nations hit more often with CERB repayment letters

‘CRA took my teeth, my rent, my food,’ says Winnipeg residential school survivor

Woman customer choosing clothes at the mall store stock photo

Canadian retail sales rose 0.1% in February

February gains of 15.1% in clothing sales offset by 5.1% drop in auto sales: StatsCan

piggy bank with flag of Canada

Macklem won’t ‘rule anything out’ on interest rates

Could Canada’s next rate hike exceed half a point? Bank experts weigh in, plus Ratesdotca explains impact on housing

natural environment

Investors show strong interest in sustainable investments: poll

The top area of investment focus was the environment, a Mackenzie study found

  • By: IE Staff
  • April 21, 2022 April 21, 2022
  • 12:14
Inflation written newspaper

Canadian inflation hits 6.7%

Had gas prices not risen 40%, annual inflation in March would have been 5.5%

REIT reform not off the table in federal housing review

The federal budget said the government will proceed with a review of “housing as an asset class"

blurred lights on stage, drama theatre show background

Nominations sought for FP Canada honours

FP Canada Fellow distinction and Donald J. Johnston Lifetime Achievement Award recognize contributions to financial planning

  • By: IE Staff
  • April 14, 2022 April 14, 2022
  • 16:18
European Union headquarters

European Central Bank gives no clear date for rate hikes

Slower normalization could increase divergence in foreign exchange rates

TD CEO says feds’ corporate tax hike could have “unintended consequences”

Government should reduce deficits and focus on growth, Masrani said

system change not climate change

Canada’s big banks respond to net-zero pressure

The banks are now grappling publicly with their financed emissions — those attributable to the companies they lend to or invest in

How Manitoba is changing residential & farm property tax

The province will raise the rebate, on the education tax on residential and farm property, to 37.5% this year and 50% next year

Multiple property holders own more than a third of housing in some provinces

StatsCan says multiple-property ownership accounted for 41% of Nova Scotia's housing stock and 31% of Ontario’s

advisor-client meeting

FSRA approves first 4 credentials for Ontario’s title protection

The regulator is "actively" reviewing other applications, it said

  • By: IE Staff
  • April 11, 2022 April 11, 2022
  • 16:51

Life insurers ‘surprised and disappointed’ with Budget 2022 provision

A Budget 2022 proposal means life insurers could have to pay tax up front on profit earned on 20-year policies, says CLHIA

What advisors are saying about the proposed FHSA

Advisors are still relatively positive about the tax-free first home savings account, despite not being able to use it alongside the Home Buyers’ Plan

Budget promises more financial cops

New federal enforcement agency, more funds for FINTRAC

handing a folded heart from one hand to another

Feds raise charities’ disbursement quota to 5%

Proposed change in Budget 2022 would "increase expenditures by charities overall," government said

Unemployment falls to 5.3% as 72,500 jobs added

The jobless rate in March would have been 7.2% had it included people not actively looking