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Will the CRA challenge small biz transfers that use Bill C-208?

Tax experts argue that aggressive transfers could be penalized under the general anti-avoidance rule

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Robinhood IPO asks customers to play big role as investors

The online brokerage is allowing users to buy one third of the company’s shares before Robinhood begins trading on the Nasdaq

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RBC Dominion Securities fined $350K for supervisory failings

In a settlement agreement with IIROC, the firm acknowledged it failed to adequately monitor suspicious account transfers

  • By: IE Staff
  • July 27, 2021 July 27, 2021
  • 13:45
client meeting

Investment fund charges should be included in fee summaries: report

A report for the MFDA uses behavioural insights to recommend expanded cost reporting

First-ever G-Corp lists on NEO Exchange

Canaccord Genuity G Ventures Corp. will focus on acquisitions in the mid-cap space

  • By: IE Staff
  • July 26, 2021 July 26, 2021
  • 11:59
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Richardson Wealth adds to tax and estate planning team

The firm announced three new hires in its Western offices

  • By: IE Staff
  • July 26, 2021 July 26, 2021
  • 11:03

Yellen outlines to Congress emergency measures on debt limit

The measures would seek to avoid an unprecedented default on U.S. national debt

TD issuing $1.75B in LRCNs

The notes will bear interest of 3.6% annually for the first five years

  • By: IE Staff
  • July 23, 2021 July 23, 2021
  • 10:39
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CFP exam pass rate was 67% in May

First-time writers outdid their peers, with a pass rate of 73%

  • By: IE Staff
  • July 22, 2021 July 22, 2021
  • 16:49
Man and woman sitting in cafeteria discussing finance for the month. Stressed couple looking at bills sitting in restaurant wearing uniform apron. Cafe staff sitting together looking at expenses and bills. (Man and woman sitting in cafeteria discussi

Small business group launches petition to maintain government financial supports

Only 35% of businesses are back to normal sales levels, the CFIB says

Advisor guilty of tax fraud sentenced to three years in jail

The CRA successfully appealed a conditional sentence imposed in 2019

  • By: IE Staff
  • July 21, 2021 July 21, 2021
  • 14:22

Great West U.S. subsidiary buying Prudential’s retirement biz

The $4.45-billion transaction is expected to close in the first quarter of 2022

Conquest Planning raises $7.5M to accelerate growth

Power Corp. affiliate Portage Ventures is among the startup's investors

  • By: IE Staff
  • July 21, 2021 July 21, 2021
  • 10:46

Disability advocates say budget proposals alone won’t solve DTC access problems

While the new measures are welcome, experts say there are still problems with how the disability tax credit is administered

Coinsquare shakes up executive team

The crypto-trading platform has tapped industry veteran Martin Piszel as its new CEO

Canadian Parliament Building at Dusk

Finance confirms family business tax changes are law

Officials told MPs that any amendments to Bill C-208 would not be retroactive

Fidelity announces changes to Far East fund

New PM’s strategy is expected to result in a potentially meaningful capital gains distribution

  • By: IE Staff
  • July 20, 2021 July 20, 2021
  • 11:47

Robinhood sees valuation of up to US$35 billion as public company

The online brokerage behind this year's meme stock phenomenon will list on the Nasdaq

parliament hill

MPs on finance committee to discuss timing for changes to small business tax rules

Critics say the government is defying Parliament by not enacting the new rules

Singh demands ongoing tax on ultra-wealthy Canadians

An NDP proposal from last year calls for an annual tax of 1% on families with fortunes over $20 million

man using laptop

Planning for hybrid work in wealth management

Firms consider their post-pandemic plans

Royal Bank of Canada names Indigenous leader Roberta Jamieson to its board

Jamieson, the first Indigenous woman to earn a law degree, is also a member of the Deloitte Canada board

ECB starts sketching digital euro

The two-year project aims to address design and distribution challenges for a European CBDC

Powell says inflation, though elevated, will likely moderate

The Fed chair signalled no imminent change to ultra-low interest rates

responsible investments fossil fuels oil and gas energy sector

CFA Institute’s draft ESG standards could facilitate “greenwashing,” IFIC says

Naming standards and minimum requirements are needed for disclosure to help advisors, the fund group said