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Liberals go after predatory lending

In another measure aimed at vulnerable Canadians, the CRA will pilot automatic tax filing in 2024

responsible investments fossil fuels oil and gas energy sector

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

Pile of cryptocurrency coins

Government moving to increase oversight of bank, pension exposure to crypto

Proposed changes look to tighten financial oversight

Skyline of the financial district

Government proposes changes to financial institutions’ dividend deduction

The proposal follows the surtax and recovery dividend introduced in last year's budget

Man and woman sitting in cafeteria discussing finance for the month. Stressed couple looking at bills sitting in restaurant wearing uniform apron. Cafe staff sitting together looking at expenses and bills. (Man and woman sitting in cafeteria discussi

Budget 2023 shuts down loopholes left in Bill C-208

Budget 2023 proposes changes to framework of intergenerational business transfers

parliament hill

Federal budget 2023 includes $59.5B in new spending, looks to increase revenue

Tax measures are aimed at wealthier individuals and corporations

Shot of a senior woman in a wheelchair being cared for a nurse

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

Canadian Parliament in Ottawa

Feds boost limit on allowable EAP withdrawals from RESPs

Budget 2023 also proposed changes to allow divorced or separated parents to open joint RESPs

Rideau Canal in Ottawa with view of Parliament buildings

Feds to overhaul alternative minimum tax in bid to target top earners

The proposed changes take aim at deductions, credits and other tax strategies

United States Capitol, Washington DC

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

Business chart with glowing arrows and world map

Canada heading into “mild recession” as tight monetary policy squeezes growth: Report

Deloitte predicts half-point real GDP drop in 2023

gavel on a laptop

Bankman-Fried charged with paying $40M bribe to China

Allegations arose from freezing of certain Alameda Research crypto accounts

estate planning

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

United States Federal Reserve System symbol

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

Black mom and daughter reading a book sitting on sofa smiling

Federal budget to increase RESP withdrawal limit: source

Finance Minister Chrystia Freeland has promised targeted inflation relief for low-income Canadians

Close up of businessman hands making handshake - greeting, dealing, merger and acquisition concepts

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

Bond counselling

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

School exam student's taking educational admission test in class, thinking hard, writing answer in university classroom, education and world literacy day concept (School exam student's taking educational admission test in class, thinking hard, writing

FP Canada to be one-stop shop for CFP, QAFP education

Educational division will develop technical curriculum under Alexandra Macqueen's leadership

EU flags waving in front of European Parliament building. Brussels, Belgium

EU leaders play down bank risks as economy weakens

Political leaders said sector’s generally in “good shape” after Deutsche Bank stock fell 14%

words ESG on a wood block and Future environmental conservation and sustainable ESG modernization development by using the technology of renewable resources to reduce pollution and carbon emission.

Canadian pension funds embrace ESG

But little improvement in ESG voting record disclosure, finds responsible investing dashboard

Two entrepreneurs working on their bills in the retail store

Statistics Canada says retail sales up 1.4% in January

TD predicts significant consumer spending slowdown after Q2

RBC logo Royal Bank of Canada sign

Gluskin Sheff advisors to move to RBC Wealth Management

Gluskin Sheff's parent company, Onex, is winding down the wealth management business

Queen's park, Ontario

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

St. John's, capital of Newfoundland Labrador, NL, Canada, harbor and downtown seen from signal hill

Newfoundland and Labrador budget projects $160M deficit, paints rosy picture

The government did not raise taxes in its 2023 provincial budget

Petitcodiac River with Moncton, New Brunswick, Canada in the background

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