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CRA announces interest rates for Q4

The prescribed rate on loans to family members remains set at 1%

  • By: IE Staff
  • September 27, 2021 September 27, 2021
  • 15:15

The future is now for wealth firms

“Make no mistake about it, digital is here to stay,” says Pascal WealthTech's Howard Atkinson

succession planning

Stop putting off succession planning

An industry expert urged advisors to step up their game during IAFP's 2021 symposium

  • By: Katie Keir
  • September 24, 2021 September 24, 2021
  • 15:29

Democrats see tax “framework” to pay for huge US$3.5-trillion package

The next step is narrowing the menu of tax possibilities, focusing on measures likely to pass

Chinese banks try to calm fears about Evergrande’s debts

Some Chinese banks are disclosing what they are owed by the real estate developer, hoping to quell fears

Fed foresees a potential rate hike as soon as next year

Inflation has surged as consumer spending and disrupted supply chains have created shortages

Ontario Teachers’ to acquire HomeEquity Bank

The acquisition is expected to close in the first half of next year

How advisors are responding to the pandemic election results

Clients' concerns range from broad social and fiscal spending to potential tax changes

  • By: Katie Keir
  • September 22, 2021 September 23, 2021
  • 14:40

CIBC launches first new corporate logo since 2003

The bank is also working on completing its new global headquarters in Toronto

4% rule is no longer an ideal retirement strategy, Milevsky says

The York University professor laid out his concerns at an event this week

Filling out Canadian tax documents

Liberals may be more open to NDP tax proposals in new Parliament, experts say

Advisors will be watching for taxes targeting high earners, capital gains and wealth inequality

Parliament Hill in Ottawa - Ontario, Canada

What another Liberal minority means for clients

A re-elected Liberal government could go after bank profits and move ahead with taxes on the wealthy

Financial stock exchange market display screen board on the street

MX extends hours to include Asia-Pacific trading

The exchange's plans to extend trading hours to match Asian markets were pushed back to Sept. 19

  • By: IE Staff
  • September 20, 2021 September 20, 2021
  • 11:21

Proposed sustainability board could be key for ESG reporting: Fitch

The proposed creation of the ISSB — potentially headquartered in Canada — could lead to a globally accepted ESG framework

Skyline of the financial district

Not all banks are cutting new purchases of third-party funds

CWB and Meridian will continue to offer outside products

  • By: Katie Keir
  • September 16, 2021 September 20, 2021
  • 16:35

Federal Reserve reviews ethics policies after prolific trading uncovered

Two regional Fed presidents traded excessively last year

Filing a tax document online

Prosper Canada launches service to help financially vulnerable Canadians

The new portal offers free tools, tips and worksheets

investing with a smart phone

Wealthscope partners with ESG data company

The partnership allows the fintech to add ESG scores to its portfolio analytics

U.S.-based Focus Financial acquires Cardinal Point

Cardinal Point offers cross-border wealth planning services to HNW clients

Election sign at Polling Station of Woodbridge, Ontario, Canada

Election 2021: Where the parties stand on financial issues

Here’s what's been proposed for financial institutions, taxes, housing and more

diversity

New survey sheds light on diversity in sustainability

Only half of respondents felt as though organizations had turned words into action on equality, diversity and inclusion strategies

CI Financial to open U.S. headquarters in Miami

Toronto-based firm has acquired or made deals for 21 U.S. wealth firms since last year

CI Financial buys US$5.2-billion Portola Partners

The Silicon Valley-based wealth manager serves wealthy families and tech entrepreneurs

Pricing natural assets to preserve them

NYSE seeks to list novel asset class that captures the value of natural assets

Wellington-Altus expands to Quebec

The company eyes growth as it enters Canada's second-largest market