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Exterior of CRA headquarters building

CRA announces prescribed rate for Q4

Agency confirms the interest rate Canadians must pay on overdue tax will remain 9%

Edmonton

Alberta expects oil prices to boost its surplus

The government has no plan to immediately introduce the promised personal tax cut

Man in wheelchair working on a laptop outside

Help clients apply for the disability tax credit

Preparing applicants to speak to their doctors can make the process easier

CIBC sign on the north wall building

CIBC reports $1.8B Q3 profit

Divide emerges as big banks cope with strained consumers

3D rendering of Canadian dollar notes in wallet stock photo

Current fiscal policy sustainable over long term: PBO

CPP, QPP sustainable over 75-year horizon, report says

Woman writing an exam in a classroom

Feds to pick one institution to provide autoenrolled RESPs

Ottawa surveying firms on procurement process that's expected to launch in spring 2025

RBC Bank branch stock photo

RBC shares hit record highs on strong earnings

The bank's wealth management arm earned more than a year earlier

National Bank

National Bank reports $1.03B Q3 profit, up from $830M a year ago

Growth in fee-based revenues and net interest income drove improved results in wealth management

Bank Of Montreal Branch stock photo

Trouble in BMO’s loan book again weighs on bank’s quarterly results

The bank expects loan loss provisions to stay elevated in the near term: CEO

Scotiabank

Rising provisions drag on Scotiabank results in Q3

The bank had $1.05 billion set aside for bad loans in the quarter, up from $819 million a year earlier

China flag

China accuses Canada of protectionism over EV tariffs

A Chinese Foreign Ministry spokesperson urged Canada to 'not politicize economic and trade issues'

Man reads legal document carefully using magnifying glass

CRA updates rein in ‘overbroad’ mandatory disclosure regime

Administrative changes are welcome in an area fraught with uncertainty

RBC Bank branch stock photo

RBC details case for firing former CFO, employee

In its filings, RBC says there's overwhelming evidence Nadine Ahn, Ken Mason breached company policy

Piggy bank on books

Feds provide more detail on autoenrolled RESPs

Ottawa says kids from low-income families missing out on up to $2,000 in Canada Learning Bond payments

TD bank. stock photo

TD Bank Group reports Q3 loss as it takes charge on AML probe

Resolving the investigations will mean both monetary and non-monetary penalties, the bank said

people using technology

Tech roundup: Fintech investment reached record high in Canada

And Canadian data discovery firm teams up with FusionIQ

Modern bank towers in the late afternoon

Borrower stress in focus as banks set to report third-quarter results

The upcoming results, which kick off Thursday when TD reports, will cover the three months to the end of July

Canada Parliament and Canadian Flag over blue sky.

Bare trusts exempted from 2024 filing requirement

Department of Finance proposals would also reduce the number of people who must file a bare trust return, starting in 2025

Feds expand eligibility, drop founder requirement for Canadian Entrepreneurs’ Incentive

Many businesses remain shut out of tax break on increased capital gains inclusion rate

House of Commons in Ottawa

Troubling quirk in capital gains rules addressed in draft legislation

Clarifications concerning the capital dividend account are welcomed by tax practitioners

Downtown Toronto Financial District Skyscrapers stock photo

Feds could outlaw large bank mergers

Government releases consultation paper that also covers external security threats, AI risks

Judge looks at papers

Court orders Emerge Capital Management to repay employees who lent it money

Cheques for partial repayment to Emerge Canada employees bounced: court documents

Sun Life logo on a building

Sun Life says its net income slipped in Q2

The company says its AUM stood at $1.47 trillion at quarter end, up $98 billion from last year

Laurentian bank logo on building

CI acquires Laurentian’s discount broker division

Deal includes about 2,050 clients and $250 million in assets

Scotiabank

Scotiabank signs agreement to buy stake in KeyCorp

The Canadian bank will pay a total of about US$2.8 billion for a 14.9% stake in the company