Mutual fund corporations can pass gains to unitholders
While financial advisors are still subject to the rules, the budget change could undermine lawyers' Charter challenge of the regime
Move mirrors announcement from the federal budget tabled Tuesday
Some banks, but not all, have amended their procedures
New instrument aims to fill a void created as CDOR is retired
Qualified investments review could lead to lower costs for investors but also restrictions
The federal budget is being met with disdain from Canada's innovation industry
Government also allocates $60 million toward free financial advice
Central bank digital currencies will be classified separately, but also have new reporting standards
Automatic tax filing pilot to benefit low-income Canadians