TD says racial equity audit to be finished by Oct. 31
The bank is the farthest along in this process among the Big Six
- By: Melissa Shin
- July 17, 2023 July 17, 2023
- 10:57
Latest news in Industry News
Emerge ETFs rebound as cease-trade order and firm wind-down continue
Volatility is to be expected in thematic tech funds, says Morningstar expert
- By: Melissa Shin
- July 14, 2023 November 8, 2023
- 12:35
CRA removes guidance flagged by Taxpayers’ Ombudsperson
Agency had been directing taxpayers to contact a CRA official before speaking with their tax advisor
- By: Rudy Mezzetta
- July 14, 2023 July 18, 2023
- 12:30
Founder of failed crypto lending platform Celsius Network arrested on fraud charges
The man was charged with securities, commodities and wire fraud
- By: The Associated Press
- July 13, 2023 July 13, 2023
- 15:58
No post-secondary diploma? QAFP certification still possible
Candidates with five years' financial planning–related experience can qualify, FP Canada says
- By: Michelle Schriver
- July 13, 2023 July 13, 2023
- 15:23
Manitoba consults on title protection
The province is asking for feedback and comparing other provinces' regulations
- By: Michelle Schriver
- July 13, 2023 July 13, 2023
- 15:13
CIRO publishes revisions to proposed derivatives conduct rules
Comment period ends Aug. 14
- By: IE Staff
- July 13, 2023 July 13, 2023
- 13:12
Supreme Court won’t examine sharing of Canadian bank account info with U.S.
The case began when two U.S.-born women living in Canada contested the legislation
- By: The Canadian Press
- July 13, 2023 July 13, 2023
- 11:27
Updated GAAR guidance could boost reporting under expanded mandatory disclosure rules
Advisors will need to consider whether to report transactions even if they're not required to
- By: Michael McKiernan
- July 12, 2023 July 12, 2023
- 10:44
Laurentian Bank launches strategic review that could lead to sale
The bank said it's committed to its 2023 strategy and fiscal priorities while the review takes place
- By: IE Staff
- July 11, 2023 July 11, 2023
- 17:49
OSFI proposes changes to capital requirements with eye on mortgage risks
Regulator says proposals should encourage banks to reduce the number of mortgages that would go into negative amortization
- By: Mark Burgess
- July 11, 2023 July 11, 2023
- 16:44
Why clients with large RRSPs and RRIFs might benefit from earlier withdrawals
Strategic withdrawals allow clients to smooth out their income levels over retirement
- By: Rudy Mezzetta
- July 11, 2023 July 17, 2023
- 15:23
As pandemic business loan repayment deadline looms, calls for extending deadline grow
Businesses that pay back their loans by the end of the year are eligible to have up to one-third of their loans forgiven
- By: Nojoud Al Mallees, Canadian Press
- July 11, 2023 July 11, 2023
- 13:48
Ottawa extends consultation period for RBC–HSBC deal after technical difficulties
Finance extended the consultation period by 15 days to July 21
- By: The Canadian Press
- July 11, 2023 July 11, 2023
- 13:32
Liberal tax promise tracker, summer 2023 edition
Here’s the status of tax proposals that matter to your clients
- By: Melissa Shin, Rudy Mezzetta
- July 10, 2023 July 10, 2023
- 16:24
Brookfield Reinsurance signs deal for American Equity Investment Life Holding Co.
The US$4.3-billion deal is expected to close in the first half of 2024
- By: The Canadian Press
- July 5, 2023 July 5, 2023
- 13:56
IGM Financial cutting jobs and office space in search for savings
The company plans to reduce IG Wealth Management offices
- By: Mark Burgess
- July 4, 2023 July 4, 2023
- 12:53
Canaccord Genuity facing investigation into its wholesale market-making activities
“Significant penalty” could result from the investigation, company says
- By: The Canadian Press
- June 30, 2023 June 30, 2023
- 17:23
CRA releases new form for reporting beneficial ownership of trusts
Trustees must use Schedule 15 to report names, addresses and tax information numbers for beneficiaries
- By: Rudy Mezzetta
- June 30, 2023 June 30, 2023
- 13:16
Investment advice seen as a key benefit of open banking: survey
Deloitte report suggests Canadians are likely to embrace new banking model once it goes live
- By: IE Staff
- June 30, 2023 November 10, 2023
- 07:16
Do the math before using credit card loyalty points toward mortgages
At RBC, one-quarter of customers use points for mortgage, credit card payments
- By: Tara Deschamps, The Canadian Press, The Canadian Press
- June 29, 2023 June 29, 2023
- 13:06
Feds release draft changes to pension rules for “unlocatable” members
Draft rules are intended to help administrators match beneficiaries with unclaimed pension benefits
- By: Rudy Mezzetta
- June 27, 2023 June 27, 2023
- 17:12
Brookfield makes takeover offer for American Equity Investment Life Holding
Both companies said there was no guarantee that an agreement will be reached
- By: The Canadian Press
- June 27, 2023 June 27, 2023
- 14:42
Canada Disability Benefit Act receives royal assent
Benefit is meant to support working-age Canadians with disabilities, but details still to be determined
- By: Rudy Mezzetta
- June 26, 2023 June 26, 2023
- 16:32
Expanded rules for mandatory tax disclosures are now law
Financial advisors may need to report more things to the Canada Revenue Agency
- By: Michael McKiernan
- June 23, 2023 June 30, 2023
- 10:14