Liberals go after predatory lending
In another measure aimed at vulnerable Canadians, the CRA will pilot automatic tax filing in 2024
Latest news in Industry News
Feds outline $83B in clean economy tax credits in bid to compete with U.S. incentive
The credits are for investments in clean electricity, clean-tech manufacturing and hydrogen
- By: Canadian Press
- March 28, 2023 March 28, 2023
- 17:46
Government moving to increase oversight of bank, pension exposure to crypto
Proposed changes look to tighten financial oversight
- By: Mark Burgess
- March 28, 2023 March 28, 2023
- 17:00
Government proposes changes to financial institutions’ dividend deduction
The proposal follows the surtax and recovery dividend introduced in last year's budget
- By: Mark Burgess
- March 28, 2023 March 28, 2023
- 16:54
Budget 2023 shuts down loopholes left in Bill C-208
Budget 2023 proposes changes to framework of intergenerational business transfers
- By: Rudy Mezzetta
- March 28, 2023 March 28, 2023
- 16:46
Federal budget 2023 includes $59.5B in new spending, looks to increase revenue
Tax measures are aimed at wealthier individuals and corporations
- By: Nojoud Al Mallees, Canadian Press
- March 28, 2023 March 28, 2023
- 16:37
Government proposes including siblings in definition of ‘qualifying family member’ for RDSPs
Tuesday's budget also proposes extending a measure that was set to expire this year
- By: Rudy Mezzetta
- March 28, 2023 March 28, 2023
- 16:34
Feds boost limit on allowable EAP withdrawals from RESPs
Budget 2023 also proposed changes to allow divorced or separated parents to open joint RESPs
- By: Rudy Mezzetta
- March 28, 2023 March 28, 2023
- 16:11
Feds to overhaul alternative minimum tax in bid to target top earners
The proposed changes take aim at deductions, credits and other tax strategies
- By: Mark Burgess
- March 28, 2023 March 28, 2023
- 16:09
Fed official: Bank rules under review in wake of SVB failure
Barr anticipates higher capital, liquidity standards needed for American banks with more than $100B
- By: Christopher Rugaber
- March 28, 2023 March 28, 2023
- 14:24
Canada heading into “mild recession” as tight monetary policy squeezes growth: Report
Deloitte predicts half-point real GDP drop in 2023
- By: Canadian Press
- March 28, 2023 March 28, 2023
- 12:05
Bankman-Fried charged with paying $40M bribe to China
Allegations arose from freezing of certain Alameda Research crypto accounts
- By: Larry Neumeister
- March 28, 2023 March 28, 2023
- 11:56
CRA waives penalties for late-filing the underused housing tax return
Affected owners have until Oct. 31 to file or pay before incurring interest and penalties
- By: Melissa Shin
- March 28, 2023 March 28, 2023
- 09:44
Fed says SVB itself was main cause of bank’s failure
Official nonetheless pledged that the Federal Reserve and other agencies would take whatever steps deemed necessary to protect the banking system
- By: Christopher Rugaber
- March 27, 2023 March 27, 2023
- 17:19
Federal budget to increase RESP withdrawal limit: source
Finance Minister Chrystia Freeland has promised targeted inflation relief for low-income Canadians
- By: Nojoud Al Mallees, Canadian Press, Mia Rabson
- March 27, 2023 March 27, 2023
- 14:17
Troubled Silicon Valley Bank acquired by First Citizens
SVB's March 10 collapse in a bank run was the second-largest in U.S. history
- By: Associated Press
- March 27, 2023 March 27, 2023
- 12:38
New SRO to grant credential for FA title use in Ontario
The regulator intends to be a credentialing body under the province's title protection regime
- By: Michelle Schriver
- March 27, 2023 March 27, 2023
- 12:28
FP Canada to be one-stop shop for CFP, QAFP education
Educational division will develop technical curriculum under Alexandra Macqueen's leadership
- By: Michelle Schriver
- March 24, 2023 March 24, 2023
- 15:39
EU leaders play down bank risks as economy weakens
Political leaders said sector’s generally in “good shape” after Deutsche Bank stock fell 14%
- By: Associated Press
- March 24, 2023 March 24, 2023
- 15:14
Canadian pension funds embrace ESG
But little improvement in ESG voting record disclosure, finds responsible investing dashboard
- By: Maddie Johnson
- March 24, 2023 March 24, 2023
- 14:23
Statistics Canada says retail sales up 1.4% in January
TD predicts significant consumer spending slowdown after Q2
- By: Canadian Press
- March 24, 2023 March 24, 2023
- 12:14
Gluskin Sheff advisors to move to RBC Wealth Management
Gluskin Sheff's parent company, Onex, is winding down the wealth management business
- By: Melissa Shin, Canadian Press
- March 24, 2023 March 24, 2023
- 09:24
Ontario expects $1.3B deficit, to post surplus in a year
Budget items include an expanded Guaranteed Annual Income System and a promise to review tax system
- By: Allison Jones, Canadian Press, IE Staff
- March 23, 2023 March 23, 2023
- 16:51
Newfoundland and Labrador budget projects $160M deficit, paints rosy picture
The government did not raise taxes in its 2023 provincial budget
- By: Sarah Smellie, Canadian Press
- March 23, 2023 March 23, 2023
- 14:58
New Brunswick introduces title protection legislation
Like Ontario and Saskatchewan, the province will regulate "financial advisor" and "financial planner"
- By: IE Staff
- March 23, 2023 March 23, 2023
- 14:34