Home News Industry News

Latest news in Industry News

home financing

National home sales in February up nearly 20% compared with year ago

Buyers are showing more optimism than last year

Downtown Toronto Financial District Skyscrapers stock photo

Raymond James foresees hitting $100B in a few years

The firm also hopes to reach 25% women advisors by 2025

Using phone for finances

Tech roundup: Webull app offers interest on uninvested cash

Also, Koyfin data platform now includes Canadian mutual funds

Downtown office buildings Toronto

How much Big Six wealth management execs made in 2023

Total compensation ranged from $6.30 million to $7.56 million

Frontenac Castle and Dufferin Terrace - Quebec City

Quebec proposes to boost QPP benefit for disabled seniors

Under the proposal, 77,000 people would see their pension increase starting next year, government says

Apartment building

Renters have harder time accumulating wealth: RBC economist

Homeowners' net worth has reached greater levels in comparison

A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t

Lawsuit filed against SEC for scaled-back climate rules

Environmental organizations say U.S. regulator succumbed to industry pressure

  • By: IE Staff
  • March 14, 2024 March 14, 2024
  • 14:14
Close up of businesswoman using calculator while going through financial bills.

Tax changes for the 2023 filing season

Here's a handy roundup, from home office expenses to house flipping

female polar bear and cub on polar ice

CRA extends relief for bare trust returns as filing deadline looms

Agency says it won’t apply gross negligence penalties for non-filing of 2023 bare trust returns except in “egregious cases”

Taxpayer's desk and excise documents to import and export industrial goods for the purpose of maximizing profits for large business organizations. (Taxpayer's desk and excise documents to import and export industrial goods for the purpose of maximizin

CFRs, CE and cybersecurity among CIRO’s priorities for 2024

The SRO also updated its exam timeline for mutual fund dealers

Quebec flag billowing in the breeze

Quebec to review tax system in effort to save money

Government's review will also examine the expenses of its departments and agencies

Low angle view of Skyscrapers in downtown Toronto during the day

Bank CEO average pay tops $11M despite most missing performance targets

The Big Six have released management information circulars ahead of their AGMs

Arrow cube

Lowering interest rate cap to 35% could cost jobs and hurt GDP: report

Industry group has been pushing aggressively against the federal government's plan to lower the rate cap in the Criminal Code from 47.2% to 35%

CRA signage

CRA updates UHT guidance even as proposed changes remain unenacted

Deadline for filing underused housing tax return for 2022 and 2023 is April 30

Diverse business partners gathered in boardroom shaking hands stock photo

How to be an ally

Allyship can involve creating opportunities and sharing the accomplishments of others

Bank machine

Canadians paying billions of dollars in ‘excess’ bank fees: report

Economist says Canadians are paying too much, compared to U.K. and Australia

CIBC

CIBC makes changes in senior executive ranks

Chief financial officer Hratch Panossian will become senior executive vice-president and head of personal and business banking, effective April 1

Vancouver skyline

2023 saw challenges for most real estate asset classes: report

Industrial and logistics category remained resilient, while others were challenged by high interest rates and work-from-home trends

merger

Hub acquires insurance and wealth firm in Ontario

The global brokerage's latest acquisition is Zavitz Insurance and Wealth

  • By: IE Staff
  • March 6, 2024 March 6, 2024
  • 15:33
RBC Bank branch stock photo

RBC raises renewable funding target

The bank also reported little progress on reducing emissions of oil and gas financing

Governor Tiff Macklem and senior deputy governor Carolyn Rogers

BoC holds interest rate at 5%, says too early to cut

Underlying price pressures are still persistently high, the central bank said

Concept of real estate, mortgage and lease

B.C., Ontario mortgage-holders increasingly missed payments in Q4

Equifax Canada finds delinquency rates rose outside those provinces at a slower pace

client meeting

FSRA open to strengthening requirements for financial advisor title

Credentialing bodies also discussed putting clients first at regulator's annual conference

Bank of Canada headquarters

BoC expected to hold interest rates this week

Many forecasters anticipate the first rate cut to come midyear