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CI GAM to rename investment funds

The move will officially retire CI’s legacy boutique investment brands

  • By: IE Staff
  • June 24, 2021 June 24, 2021
  • 15:04
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Vancity shares data on financed GHG emissions

Commercial mortgages account for the bulk of emissions financed by the credit union

  • By: IE Staff
  • June 24, 2021 June 24, 2021
  • 13:34

Pandemic leads to new tactics for recruiting new advisors

Three firms set out to change their typical advisor force with new recruitment strategies

Senate passes bill addressing tax treatment of selling farms, fisheries to kids

A private member's bill has beaten the odds, and the clock, in passing

looking for money

Canadian investors have lofty return expectations

Most investors aren't equipped to withstand the level of risk needed for outsized returns

  • By: IE Staff
  • June 23, 2021 June 23, 2021
  • 15:25

Big U.S. banks to employees: Return to the office vaccinated

Several banks will require documented proof or declaration of vaccination

announcement

CIBC buying minority stake in Chicago-based financial firm

The investment in Loop Capital allows the bank to expand its U.S. wealth management business

  • By: IE Staff
  • June 23, 2021 June 23, 2021
  • 13:35

Financial firms made big pledges about racial justice last year. What’s happened since?

Many firms have new targets and strategies, but real change will take time

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Banks facing calls to address racial barriers

Programs aim to root out bias from customer service, but more work is needed

Fed’s Powell says high inflation is temporary

Powell's comments come as financial markets struggle to interpret the Fed’s recent moves

CRA audits of ultra-wealthy Canadians yield zero prosecutions

The absence of criminal charges against high-net-worth residents comes in an era of rising wealth inequality

gavel on a laptop

Regulators handed out fewer fines last year, but returned more money to investors

Securities regulators ordered more than $42 million in restitution, compensation and disgorgement

parliament hill

Indigenous businesses in need of financial aid face barriers to accessing relief

For some, there is a feeling of distrust around government money

Richardson Wealth strikes deal with Envestnet to provide UMA platform

The brokerage's investment in technology is a key part of its new growth strategy

  • By: IE Staff
  • June 21, 2021 June 21, 2021
  • 11:33
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Family-owned businesses set to drive recovery, report says

A long-term mindset offers competitive advantage

  • By: IE Staff
  • June 17, 2021 June 17, 2021
  • 13:13

CBOE seeks to boost Canadian block trading

The exchange aims to grow block liquidity with a new offering in 2022

Skyline of the financial district

OSFI to raise domestic stability buffer for big banks

The amount of capital the banks must hold to cover unexpected losses will rise to 2.5%

parliament hill

Pharmacare a promise Trudeau might come to regret

The Liberals’ re-election prospects look promising thanks to the co-operation of Big Pharma

change direction

Fed sees faster time frame for rate hikes as inflation rises

The Federal Reserve may act sooner than planned to start dialing back low-interest rate policies

Frustrated man calculating bills and tax expenses

Why you could owe tax on a worthless TFSA

A quirk in the TFSA overcontribution waiver rules could lead to taxes owed on a zero-dollar account

FINTRAC sees rising threat from far-right terrorists

Banks and investment dealers should be aware of these groups' financing behaviour, the agency said in a bulletin

  • June 15, 2021 June 15, 2021
  • 16:57

Court overturns father’s decision to disinherit daughters

Adult twins who were disinherited by their dad have been granted 70% of his estate by a B.C. judge

Canadians face barriers to discussing finances with older adults

A CSA survey reveals challenges related to financial abuse

  • By: IE Staff
  • June 15, 2021 June 15, 2021
  • 13:55

Advisor Flow partners with Flinks

Independent advisors who use the platform will now be able to onboard clients more quickly

  • By: IE Staff
  • June 15, 2021 June 15, 2021
  • 11:11

Budget proposal will mean “big change” for CRA audits, lawyer says

A speaker at the 2021 STEP conference warns that CRA auditors could soon have greater authority to require individuals to answer questions