Jamie Golombek, managing director of tax and estate planning at CIBC Private Wealth Management, discusses the implications of Ottawa’s budget amendments to RDSPs and RESPs. RDSPs have been streamlined and several aspects are more favourable to the beneficiary, including guardianship and repayment terms. He spoke form the budget lock-up in Ottawa.
Regulator requests monetary penalties, disgorgement, costs and market bans
Insurance advisors answered multiple-choice questions about their industry experience for this inaugural research
Housing costs are a growing worry, BMO index finds
New funds hold several big names found in broad U.S. stock indexes
Revised rule introducing three tiers of MGAs seen as 'too broad', confusing
After first half pause, offshore investors back buying bonds in Q3
Plus, other product launches and news, including more ESG fund terminations
Beware of shiny objects — with market froth waning, fundamental strength will overtake momentum next year