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Private credit funds going evergreen with eye on retail market

A global survey finds managers are considering more liquid funds

Women in business

Ivey Women in Asset Management program expands nationwide

Summer program for students includes a paid internship with an asset management firm

  • By: IE Staff
  • September 25, 2023 September 25, 2023
  • 12:40

Alberta downplaying pension plan proposal risk, experts say

Broad estimates and generous assumptions may mean the APP is less viable than it seems

Magnifying glass image

FP Canada’s revenue mixed in 2022–23

Certification fees accounted for 70% of income

Signing bank documents

Positioning your book for a sale

There's more than one approach to advisor succession

  • By: Mark Burgess
  • September 21, 2023 September 21, 2023
  • 15:48
Now hiring sign

U.S. applications for jobless benefits fall to lowest level in nearly 8 months

Labour market continues to show strength in the face of elevated interest rates

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Fraud in mortgage, credit card, auto sectors rises amid interest rate hikes

If high rates persist, fraudulent activity could accelerate

Alberta flag

Alberta deserves more than half CPP assets if it exits program: report

Province would be entitled to 53% of the national pension plan's pool by 2027

Diversity fists

Small venture capital player becomes symbol in fight over corporate diversity policies

Fearless Fund co-founder says it will take trillions of dollars to close the racial and gender gap in venture capital funding

woman stressed over uneasy stock market

Canadians report financial security concerns as inflation hammers savings

RBC 2023 Financial Flexibility Poll finds that 77% of survey respondents say they would like to save more but can't

  • By: IE Staff
  • September 20, 2023 September 20, 2023
  • 11:48
new label

FSRA publishes final fee rule for its sectors

The rule includes the regulator's fee calculations for credentialing bodies

  • By: IE Staff
  • September 19, 2023 September 19, 2023
  • 16:29
Bank Of Montreal Branch stock photo

BMO to shutter retail auto finance business as bad debt mounts

The bank's provisions for credit losses in its retail line rose 800% to $81 million last quarter

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Lawyers temporarily exempted from CRA’s mandatory disclosure requirements

The Federation of Law Societies of Canada argued that the new regime violates the Charter of Rights and Freedoms

Wood homes under construction

Ottawa to remove GST on new rental housing, extends CEBA loan deadline

The federal government also is calling on grocers to stabilize prices

U.S. currency

Yellen details tighter scrutiny of investment plans of foreign owned companies operating in the U.S.

Treasury secretary says Committee on Foreign Investment is adapting to a changing global economy

Oil drilling investing

Major life insurers taking steps, but falling short on climate action: report

Sun Life Financial Inc. and Manulife Financial Corp. are Canada's first and fourth-largest fossil fuel investors

High angle view of businesspeople over boardroom table collaborating celebrating

Edward Jones tries out teams

The brokerage hopes to boost more than the bottom line by introducing multi-advisor offices

  • By: Katie Keir
  • September 14, 2023 September 14, 2023
  • 12:54
Laurentian bank logo on building

Laurentian Bank shares fall as it concludes review without deal to sell

Montreal-based bank said it will stick with its current business plan, with an increased focus on efficiency

Piggybank With Eyeglasses And Calculator On Wooden Table, TFSA, RRSP

AIMCo opens first Asia office in Singapore, remains leery of China

CEO Evan Siddall says the fund manager is under-represented in Asia

Rideau Canal in Ottawa with view of Parliament buildings

Does the underused housing tax apply to 24 Sussex Drive?

The Canada Revenue Agency's extended deadline to file a UHT return and pay any tax is approaching

Female tax inspector looking at corporate financial documents with magnifying glass

Updated tax-avoidance proposals include new penalty

Tax lawyers express concerns about overreach as Ottawa proposes to revamp the general anti-avoidance rule

Exterior of CRA headquarters building

CRA offers minor relief on reportable transactions

The 90-day deadline for the first mandatory disclosures under the new law is Sept. 20

Piggybank With Eyeglasses And Calculator On Wooden Table, TFSA, RRSP

New alternative minimum tax regime to raise $2.6B: PBO

Canadians making above $300,000 to contribute 98% of total AMT

IRS tax

IRS plans crackdown on 1,600 millionaires to collect back taxes

Artificial intelligence is playing a big role in identifying wealthy tax dodgers

U.S. Canada flag

Don’t jump hastily into Canada’s cross-border advice market

More wealth firms have entered the U.S.-Canada cross-border space in recent years. But are they ready?

  • By: Katie Keir
  • September 7, 2023 September 7, 2023
  • 18:31