Latest news in Industry News

Canadians’ top financial goal remains the same amid pandemic

Optimism has declined compared with other years

Ontario finance minister should be removed from cabinet over holiday trip, NDP says

Rod Phillips says he "deeply regrets" his trip to St. Barts

Senate GOP blocks Democratic push for Trump’s $2K cheques

The showdown has thrown Congress into a chaotic year-end session

Business lawyer team. Working together of lawyer in the meeting.

Mediation proposed as next step for PACE investors

The process would ideally expedite resolution of claims

  • By: IE Staff
  • December 23, 2020 December 23, 2020
  • 15:29

$900B Covid relief bill passed by Congress, sent to Trump

The massive bundle of bipartisan legislation came as Capitol Hill prepared to close the books on the year

Government help during Covid-19: a summary

Let clients know about available assistance

  • By: IE Staff
  • December 22, 2020 December 22, 2020
  • 11:00

Breaking down federal support for business owners

Here’s a summary of the feds' Covid-19 economic response

Congress seals agreement on US$900-billion Covid relief bill

The package includes a $300-per-week jobless benefit and a $600 direct payment to most Americans

Hedge fund founders face OSC charges

The regulator alleges that the founders diverted money raised for the fund to other purposes

Banking industry’s tech shift has accelerated amid pandemic

Artificial intelligence is playing a bigger role in banks' tech strategies

Retail sales hit $54.6 billion in October: StatsCan

Car and truck part dealers led the increase in retail sales

man using laptop

U.S. discount brokerage manipulates inexperienced investors, regulators say

Robinhood Financial is accused of downplaying trading risks

Guardian Capital acquires BNY Mellon’s Canadian wealth management biz

The acquisition adds more than $5.5 billion to the firm's assets under advisement

  • By: IE Staff
  • December 16, 2020 December 16, 2020
  • 12:00
Silhouette of man at sunset

CLHIA joins global sustainability effort

Global warming and extreme weather events are key industry concerns

Pandemic accelerates ESG, investment and tech trends

The time has come to think about risk "like never before"

  • By: Katie Keir
  • December 15, 2020 December 15, 2020
  • 13:23

CRA provides new rules for claiming home office expenses

There's a temporary flat-rate method for up to $400, and a simplified "detailed" method with a new Form T2200S

TFSA contributions increase despite pandemic: BMO

More than half of Canadians made the contributions they had planned to this year

  • By: IE Staff
  • December 15, 2020 December 15, 2020
  • 11:37

Instant repo settlement: a problem the blockchain may solve

JPM completes repo transaction on in-house blockchain

Budget officer blasts lack of detail in Liberals’ $100B stimulus plan

The plans involves investment in a greener and more inclusive economy

BoC warns of bumpy economic start to 2021 as it keeps key rate on hold

The central bank plans to continue buying about $4 billion in bonds per week

Business group urges feds to give Canadians a GST holiday

The temporary elimination of GST/HST is among 30 recommendations made by the Canadian Chamber of Commerce

As infections rise, European Central Bank prepares stimulus

The bank could add a half-trillion euros to its existing bond purchases

Financial stock exchange market display screen board on the street

Time for tax-loss selling

Clients who need their trades to settle in 2020 should be aware of impending deadlines

  • By: IE Staff
  • December 7, 2020 November 26, 2020
  • 13:00
A side view of a curly fancy businessman in a formal suit using an outdoor cash dispenser to withdraw money from his account, with a copy space place on the left for your text or logo (A side view of a curly fancy businessman in a formal suit using an

Consumers’ trust in banks wanes, but confidence in advice remains

Digital transactions may be undermining trust in banks, according to Accenture

  • By: IE Staff
  • December 7, 2020 December 7, 2020
  • 12:06
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

Applications open for expanded CEBA program

Small businesses can now apply for an additional $20,000

  • By: IE Staff
  • December 7, 2020 December 7, 2020
  • 11:03