Home Newspaper Mid-October 2016

Mid-October 2016

Focus on Products

Four new ETFs are available from Toronto-based First Asset Investment Management Inc. Both First Asset Cambridge Core Canadian Equity ETF and First Asset Cambridge Core…

Toronto-based Horizons ETFs Management (Canada) Inc. has launched two currency-hedged exchange-traded funds (ETFs). Horizons S&P 500 CAD Hedged Index ETF is designed to replicate, as…

Toronto-based BlackRock Asset Management Canada Ltd. is moving five of its ETFs to the Toronto-based Aequitas NEO Exchange from the Toronto Stock Exchange. The common…

Toronto-based RBC Global Asset Management Inc. (RBCGAM) added four funds to its ETF lineup with the launch of four ETFs. RBC Canadian Preferred Share ETF…

Negative interest rates and the mounting level of global debt are among the factors that tend to support the price of gold bullion

Reports of the death of this traditional asset mix are far off the mark

Building Your Business

While tax exemptions that apply to some permanent life insurance policies will be tightened up next year, advisors insist insurance will remain a valuable tax-planning…

As the end of the tax year approaches, advisors can help their clients by alerting them to potential savings in their taxes owed. These strategies…

The CRA is marching Canadians toward filing their taxes online for convenience and efficiency. But with that convenience comes vulnerability. How can your clients protect…

The pursuit of tax evaders and avoiders is ramping up around the world. Canada has several new measures and programs to track offshore accounts, including…

Three of the Atlantic provinces, hobbled by debt and population losses, resorted to tax hikes in their latest budgets

Clients can designate three main types of beneficiaries for their TFSAs: a successor holder a named beneficiary or an estate. Each type is subject to…

Hillary Clinton and Donald Trump have completely divergent proposals on how to deal with U.S. estate taxes. Here's what to keep in mind for your…

The Internal Revenue Service now extends its reach to Canadian mutual funds held by American citizens who live in Canada. Know the rules so you…

The 2016 tax-filing deadline may seem far off, but filing an annual income tax return is a task your clients should be mulling over during…

The new Canada child benefit, introduced this past summer, replaces the Canada child tax benefit and the universal child care benefit. The CCB can be…

Investors will no longer be able to switch from one fund to another within these structures without potential tax liability, but tax strategies such as…

While the Harper government was a strong proponent of tax credits, many experts suggest that these credits cost Canada more than they are worth because…

Numerous changes are in the works to make the tax code more coherent while making the pursuit of tax evaders and closing the so-called "tax…

Skyrocketing home prices in Vancouver and Toronto are attracting the attention of the CRA, which is boosting its surveillance of the higher-value transactions to look…

Front Page

DSC is an expensive sales option for mutual fund companies

Fines need to be paid, not just levied

Good behaviour can earn points toward reducing premiums

News

B.C. credit unions say they are a vital service and should not face the removal of a long-standing preferential tax rate

The firm is raising $60 million to recruit 30 to 40 advisors who have well-established relationships with demanding clients

Financial services firms may have to set up their dispute-resolution process "in a much more formal way"

The discussion about bringing new blood into professional organizations has amplified as more advisors retire

New research found that reducing regulatory requirements for small firms also reduces market quality

The Montreal-based bank is part of a national trend to reduce branches and offer more advice and digital services

Product consolidation and increasing assets are on the agenda for Bernard Letendre, new president at Manulife Investments

New CSA report states that more work needs to be done by issuers to welcome women to their boards and into executive suites

We’ve all seen the bumper sticker that reads: “I’m spending my kids’ inheritance.” It’s funny, right? Think again, states Toronto-based HomEquity Bank. According to the…

Investment research

Concepts such as expected vs actual returns allow options traders who can stay invested long enough, and who also know when to throw away losing…

At a time when government issues and top-tier corporates are priced to produce negative real yields, why hold bonds at all?

A significant drop in house prices would be needed to trigger major loan losses for these alternative mortgage lenders

Comment & Insight

One can easily imagine mordecai Richler sitting on a bar stool, cigar in one hand and a glass of Scotch in the other, having a…

Alberta should mitigate its dependence on resources revenue by developing a long-term hedging strategy for its oil and gas assets

Nestlé and other bottlers have made sweet deals in Ontario for the millions of litres of water they extract daily in communities

The Liberals are making changes by getting the provinces onside. What will happen when the Opposition returns?