Nominations sought for FP Canada honours
FP Canada Fellow distinction and Donald J. Johnston Lifetime Achievement Award recognize contributions to financial planning
- By: IE Staff
- April 14, 2022 April 14, 2022
- 16:18
Latest news in Industry News
European Central Bank gives no clear date for rate hikes
Slower normalization could increase divergence in foreign exchange rates
- By: The Associated Press, IE Staff
- April 14, 2022 April 14, 2022
- 15:21
TD CEO says feds’ corporate tax hike could have “unintended consequences”
Government should reduce deficits and focus on growth, Masrani said
- By: Adena Ali, The Canadian Press
- April 14, 2022 April 14, 2022
- 14:36
Canada’s big banks respond to net-zero pressure
The banks are now grappling publicly with their financed emissions — those attributable to the companies they lend to or invest in
- By: Michael McKiernan
- April 14, 2022 April 18, 2022
- 14:00
How Manitoba is changing residential & farm property tax
The province will raise the rebate, on the education tax on residential and farm property, to 37.5% this year and 50% next year
- By: Steve Lambert
- April 13, 2022 April 13, 2022
- 12:06
Multiple property holders own more than a third of housing in some provinces
StatsCan says multiple-property ownership accounted for 41% of Nova Scotia's housing stock and 31% of Ontario’s
- By: Tara Deschamps, The Canadian Press
- April 13, 2022 April 13, 2022
- 11:33
FSRA approves first 4 credentials for Ontario’s title protection
The regulator is "actively" reviewing other applications, it said
- By: IE Staff
- April 11, 2022 April 11, 2022
- 16:51
Life insurers ‘surprised and disappointed’ with Budget 2022 provision
A Budget 2022 proposal means life insurers could have to pay tax up front on profit earned on 20-year policies, says CLHIA
- By: Greg Meckbach
- April 11, 2022 April 11, 2022
- 16:41
What advisors are saying about the proposed FHSA
Advisors are still relatively positive about the tax-free first home savings account, despite not being able to use it alongside the Home Buyers’ Plan
- By: Daniel Calabretta
- April 11, 2022 April 11, 2022
- 15:50
Budget promises more financial cops
New federal enforcement agency, more funds for FINTRAC
- By: James Langton
- April 8, 2022 April 8, 2022
- 13:13
Feds raise charities’ disbursement quota to 5%
Proposed change in Budget 2022 would "increase expenditures by charities overall," government said
- By: Rudy Mezzetta
- April 8, 2022 April 8, 2022
- 12:57
Unemployment falls to 5.3% as 72,500 jobs added
The jobless rate in March would have been 7.2% had it included people not actively looking
- By: The Canadian Press
- April 8, 2022 April 8, 2022
- 12:48
Budget gives businesses greater access to small business rate
But with no adjustment to the passive income rules, some companies will remain shut out
- By: Michelle Schriver
- April 7, 2022 April 8, 2022
- 20:53
Ottawa to review crypto, CBDC
Budget promises examination of digitalization, single complaint-handling body
- By: James Langton
- April 7, 2022 April 7, 2022
- 20:31
Budget pulls tax levers to drive low-carbon shift
Government cuts fossil-fuel credits, offers new credits for critical mineral, carbon capture development
- By: James Langton
- April 7, 2022 April 7, 2022
- 20:25
Feds set bank, insurer surtax at 1.5% for profits over $100M
Financial institutions will also have to pay a one-time Canada Recovery Dividend on 2021 taxable income over $1B
- By: Melissa Shin, The Canadian Press
- April 7, 2022 January 17, 2023
- 20:23
Feds propose anti-flipping tax to cool housing prices
Profits on sale of residential property held for less than 12 months would be taxed as business income
- By: Rudy Mezzetta
- April 7, 2022 April 8, 2022
- 19:56
Large RRSP balances, Bill C-208 addressed in 2022 budget
The government plans to consult on how to allow "genuine" intergenerational share transfers
- By: Melissa Shin
- April 7, 2022 April 7, 2022
- 19:42
Liberals to bring in new minimum tax on top earners
The measure would target those among the top 0.5% not paying their “fair share” of taxes
- By: Mark Burgess
- April 7, 2022 April 7, 2022
- 19:37
New tax-free account for first-time homebuyers
The accounts will have a $40,000 lifetime limit on contributions and an annual contribution limit of $8,000
- By: Craig Wong, The Canadian Press
- April 7, 2022 April 8, 2022
- 17:55
Feds eye growth with $31B in new spending
To pay for some of the spending, the government is rolling out a tax on excess profits at banks and lifecos
- By: Jordan Press, The Canadian Press
- April 7, 2022 April 8, 2022
- 16:25
RBC CEO says “orderly transition” to net zero crucial
Dave McKay responded to criticism about the bank's climate strategy
- By: The Canadian Press
- April 7, 2022 April 7, 2022
- 14:51
Yellen calls for crypto regulation to reduce risks, fraud
In a speech on Thursday, the U.S. Treasury Secretary also advocated for maintaining the dollar's prominence
- By: The Associated Press
- April 7, 2022 April 7, 2022
- 13:55
CI announces plan to sell part of its U.S. wealth business via IPO
The firm's U.S. assets are expected to reach US$133 billion on closing of recent deals
- By: Rudy Mezzetta
- April 7, 2022 April 7, 2022
- 12:17
When is the best time to take CPP and OAS?
Advisors need to consider several aspects, such as life expectancy and whether the client will spend or invest CPP and OAS
- By: Daniel Calabretta
- April 5, 2022 April 5, 2022
- 17:19