Latest news in Industry News

Federal deficit reached $268B in January

The "deep slide" in the deficit reflects economic deterioration and pandemic response spending

House placed on coins Men's hand is planning savings money of coins to buy a home concept concept for property ladder, mortgage and real estate investment. for saving or investment for a house,

Canadian housing market faces ‘moderate’ degree of vulnerability: CMHC

Areas in Ontario and Atlantic Canada face the greatest risks of market instability

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New iA Private Wealth head promises to “win the hearts” of advisors

The firm’s third president in four years plans to improve advisor communication, support services

  • By: Katie Keir
  • March 25, 2021 April 9, 2021
  • 14:12

Powell compares Fed’s pandemic response to Dunkirk

The Fed chairman recently reflected on the central bank's pandemic response in an NPR interview

Mogo to acquire investing app

The deal for Moka will accelerate Mogo's plan to launch a free stock-trading platform

  • By: IE Staff
  • March 25, 2021 March 25, 2021
  • 12:20

Crypto firm strikes client disclosure deal with CRA

Coinsquare must provide tax authorities with account data on its largest clients

man working from home with baby

Ontario to provide parents with new round of support payments

The province is also enhancing the CARE tax credit by 20% for 2021

Tax tips for clients who sold, bought or renovated homes in 2020

The Canada Revenue Agency outlined reporting requirements, credits and more

  • By: IE Staff
  • March 24, 2021 March 24, 2021
  • 15:21

Yellen sees room for U.S. to borrow, opens door to tax hike

Higher taxes are likely required in the long run, the Treasury secretary said

Canaccord CEO says acquiring RF Capital remains “No. 1 strategic priority”

Last week, RF Capital said no to a $367-million takeover offer

Liberals to unveil federal budget on April 19, Freeland says

The government will need the support of at least one major opposition party for the budget to pass

Bank of Canada to end credit market aid programs amid improving economy

The central bank will suspend or discontinue market liquidity-focused programs beginning in early April

IRS announces filing extension for 2020 tax return

U.S. taxpayers will have until May 17 to file and pay taxes owing

CRA announces prescribed interest rates for Q2

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

  • By: IE Staff
  • March 19, 2021 March 19, 2021
  • 12:39

Court allows $100-million lawsuit against OSC to proceed

The ruling overturns a Superior Court finding from last April

Canadian Parliament Building at Dusk

Extended job relief to cost Ottawa an extra $5 billion: PBO

The government announced last month it would add 12 weeks of eligibility to the Canada Recovery Benefit

Earnings down for Fiera in Q4

The firm’s AUM increased by more than $10 billion year over year

  • By: IE Staff
  • March 18, 2021 March 18, 2021
  • 11:14

Federal Reserve foresees keeping key rate near zero through 2023

The U.S. central bank also upgraded its growth and inflation forecasts

Teachers, AIMCo sell U.S. proxy advisory firm

The pensions have sold Glass Lewis to a private equity firm and entrepreneur

Skyline of the financial district

OSFI unwinds emergency pandemic relief measures

Temporary relief due to extreme volatility is no longer needed

female investor

CFA Institute launches ESG credential globally

New certificate focuses on incorporating ESG into investment analysis

CI acquires Atlanta-based RIA Brightworth

Firm manages US$4.7 billion for HNW clients

RF Capital dismisses Canaccord’s $367-million takeover offer

The proposal isn't in the best interests of the company's shareholders, advisors and clients, the firm said

Canada Revenue Agency locks 800,000 accounts

The tax agency has cited possible email phishing schemes

Wealthsimple’s peer-to-peer app goes national

The beta version of the product launched in November 2020

  • By: IE Staff
  • March 12, 2021 March 15, 2021
  • 12:56