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A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t

Bitcoin surge doesn’t affect damages, B.C. court says

A crypto seller is owed money from a deal struck in 2019, but not at today’s price

stock market down

Canadian plan sponsors post positive quarter despite bond slump

Plans saw a median return of 0.6% in Q1, according to CIBC Mellon

  • By: IE Staff
  • May 3, 2021 May 3, 2021
  • 15:00

Wealthsimple raising $750 million in latest financing deal, valuation hits $5 billion

The new capital comes from leading venture funds and celebrities including Drake and Michael J. Fox

Financial stock exchange market display screen board on the street

Contemplating T+1 for Canada

As the U.S. industry considers shorter settlement, the CCMA ponders it too

Hands counts money on American flag background

Biden’s corporate tax plan takes aim at income inequality

President Joe Biden wants to crack down on the loopholes, shelters and havens that allow multinationals to dodge taxes

client meeting

“Light planning” could expand access to financial advice

Creating shorter or less comprehensive engagements with clients may allow advisors to serve the underserved

white house in washington dc

Breaking down Biden’s proposal on long-term capital gains

A look at what could change and who would be affected

  • By: Stan Choe
  • April 29, 2021 April 29, 2021
  • 10:15
stock market

U.S. groups aim to blaze trail to T+1 settlement cycle

The call by U.S. watchdogs for a shorter settlement cycle follows increased trading volume, volatility

FP Canada, IQPF update projection assumption guidelines amid pandemic

The guidelines didn't include the 50-year historical average rate as a data source for fixed-income assumptions

Fidelity launches U.S. securities lending platform

The platform that has served the firm's in-house funds is now available to rivals

B.C.’s $500-million investment fund to help small, medium sized businesses

The fund will invest in start-ups that meet the government’s social, economic and environmental policy objectives

U.S. consumer confidence returns to pre-pandemic levels

Economists believe the rising confidence will bolster economic growth

Excess profit tax would have generated $7.9B in 2020: PBO

A tax targeting large companies “making record profits” was proposed by the NDP last year

Edmonton

Canadian Western Bank sets sights on HNW entrepreneurs

Integration of T.E. Wealth and Leon Frazer platforms gives bank scale to compete with Big Six, CWB executives say

man reading tablet and writing on paper

Work-from-home risks for advisors

At the FMFD's digital conference, a litigation expert discussed data privacy tips and why communication with seniors is paramount

Sun Life Financial buying Pinnacle Care International

The US$85-million deal should help expand stop-loss health coverage

  • By: IE Staff
  • April 23, 2021 April 23, 2021
  • 10:58

Estateably expands to Alberta

The web-based platform was previously available only in Ontario and Quebec

  • By: IE Staff
  • April 22, 2021 April 22, 2021
  • 15:23

Court approves data breach settlements with BMO, CIBC

Cyberattacks in 2018 exposed the data of thousands of bank clients

Annual pace of inflation leaps higher in March to 2.2%, StatsCan says

Gas prices drove the increase

a man on a precipice

BoC keeps rate on hold, sees brighter economic outlook

The central bank raised its prediction for growth this year to 6.5%

paper airplanes

Mutual fund sales outpace ETF sales in March

Mutual funds had net sales of $13 billion last month, IFIC says

  • By: IE Staff
  • April 20, 2021 April 20, 2021
  • 16:13

Federal budget fails to support needed pension reform, retiree group says

The group says current laws are unfair to pensioners when a DB plan sponsor becomes insolvent

Get ready for increased scrutiny of your compensation

Conflicts-related CFRs were discussed by Agora at the FMFD conference

stock market

Dogecoin has its day, as cryptocurrency fans push it up

The cryptocurrency is up more than 8,000% so far this year

  • By: Stan Choe
  • April 20, 2021 April 20, 2021
  • 11:44

Feds promise economic “hat trick” with national child care plan

Budget seeks to boost women's employment, financial sector diversity