Freeland says capital gains proposal will be tabled before summer break
The government says that even if a bill has not yet passed, the change will take effect on June 25
- By: Nojoud Al Mallees, Canadian Press
- May 21, 2024 May 21, 2024
- 15:46
The government says that even if a bill has not yet passed, the change will take effect on June 25
Capital gains not flowed out to beneficiaries are "trapped" in the trust at death
Committee has set a date of June 13 for the chief executives of RBC, TD, CIBC, BMO and Scotiabank to appear
Given several complicating factors, waiting until the last minute is a bad idea, tax experts say
The cuts come as the bank continues to work through its turnaround plan
Combined firm will serve about 200 current and retired pro hockey players
Feds won't change tax treatment for REITs, and the status of other major tax proposals from the Trudeau government
In 2023 most of the five biggest banks reduced fossil fuel funding relative to previous years
Firm posts $154.4-million loss as investors exit balanced funds, cash-like products
Also, Michael L. Stickney will retire from the executive committee
Sun Life had $1.47 trillion in assets under management on March 31
Government is working to launch taxonomy "as soon as possible," Freeland says
Company says it will ramp up share buybacks
Rents continue to trend upward, CEO says
The government will set the standards for the private sector to implement
Screen scraping would be phased out over time
Homeowners must now consider the proposed higher capital gains inclusion rate
Taxpayers have been given too little time to plan next steps, CBA-CPA joint committee says
The event also raised new questions about the company's succession plan
Incorporated professionals must consider deferral, dividends and deductions
Bank says it's working to strengthen its anti-money laundering program
Also, BDO releases AI for wealth management
The penalty is for five violations during a review between March 2022 and March 2023: Fintrac
GWL's AUM dips below $1 trillion after Putnam sale
Forecasters widely expect the Bank of Canada to lower its policy rate in June or July