NDP’s proposed wealth tax would generate $60 billion over five years: PBO
The party has pledged a 1% tax on those with over $10 million in wealth
- By: Daniel Calabretta
- September 8, 2021 September 8, 2021
- 10:46
Latest news in Industry News
Greens would tax financial transactions, close capital gains “loopholes”
The party would also cap the small business tax rate at 9% but raise the corporate tax rate to 21%
- By: Melissa Shin
- September 7, 2021 September 7, 2021
- 18:03
August home sales in Montreal down 30% year over year: Quebec board
New listings for the month totalled 4,487
- By: The Canadian Press
- September 7, 2021 September 7, 2021
- 10:04
Oxford Properties, CPPIB exploring sale of Royal Bank Plaza in Toronto
Royal Bank of Canada leases 40% of the space
- By: IE staff, with files from Canadian Press
- September 2, 2021 September 2, 2021
- 15:41
Business insolvencies hit 35-year low in July
Businesses filed 160 insolvencies in July — a 28.3% decline compared to June
- By: Daniel Calabretta
- September 2, 2021 November 17, 2021
- 13:18
Closing the gap between actual and total returns
A Morningstar study suggests how investors can improve their outcomes
- By: IE Staff
- September 1, 2021 September 8, 2021
- 16:29
Laurentian Bank reports Q3 profit up from year ago
The Montreal-based bank is focused on simplification to draw new business as deposits dip
- By: The Canadian Press
- September 1, 2021 September 1, 2021
- 14:16
Liberals propose 15% minimum tax on highest earners
The party platform also calls for a new financial sector ombudsperson with binding arbitration power
- By: Mark Burgess
- September 1, 2021 September 1, 2021
- 13:06
Small businesses’ Covid debt climbs to $139B: CFIB
Finance, insurance, real estate and leasing businesses were least likely to have taken on debt
- By: Daniel Calabretta
- August 31, 2021 August 31, 2021
- 16:05
Even after Covid, many Canadians unprepared for crisis: survey
Emergencies would negatively impact most people's finances
- By: Daniel Calabretta
- August 31, 2021 August 31, 2021
- 14:16
Job vacancies rose 22% from May to June: report
Canada's job vacancy rate reached 5% with unfilled positions in hospitality and retail
- By: Daniel Calabretta
- August 31, 2021 August 31, 2021
- 13:59
Canadian housing market faces lower risk of overheating: RBC
The frenzied pace of sales is starting to slow across the country
- By: Maddie Johnson
- August 31, 2021 August 31, 2021
- 13:35
B.C. only province back to pre-pandemic employment levels, report says
Taking population growth into account, CIBC says Canada's employment gap is around 650,000
- By: Daniel Calabretta
- August 30, 2021 August 30, 2021
- 15:05
Repay RDSP grants and bonds to eligible people, demand advocates
People who lost DTC eligibility under now-changed rules had to close their RDSPs and repay $34.4 million in grants and bonds
- By: Rudy Mezzetta
- August 30, 2021 August 30, 2021
- 11:25
Pandemic sparks worries for those nearing retirement, poll finds
More Canadians expect to outlive their savings
- By: Daniel Calabretta
- August 27, 2021 August 27, 2021
- 12:07
Federal government posts $12.7B deficit for June
The drop in the deficit came as spending dropped compared with a year ago
- By: The Canadian Press
- August 27, 2021 August 27, 2021
- 11:29
Liberals pledge to raise GIS
A qualifying senior couple would receive $750 more per year
- By: Melissa Shin
- August 27, 2021 August 27, 2021
- 10:58
Fed on track to slow aid for economy later this year
Chair Jerome Powell signalled the beginning of the end of the Fed's pandemic response in a Friday speech
- By: Christopher Rugaber, The Associated Press, The Associated Press
- August 27, 2021 August 27, 2021
- 10:39
Dilemma for Fed chief: High inflation and a surging virus
The decision for the U.S. central bank to dial back economic support becomes more complicated
- By: Christopher Rugaber, The Associated Press, The Associated Press
- August 26, 2021 August 26, 2021
- 14:29
CIBC chief Victor Dodig defends banking sector after Trudeau tax proposal
The bank's year-over-year income rose nearly 50% in Q3
- By: IE staff, with files from Canadian Press
- August 26, 2021 September 3, 2021
- 13:28
Richardson Wealth to adopt Fidelity Clearing’s advisor tech platform
The platform will provide custody, clearing and trade settlement services
- By: Maddie Johnson
- August 26, 2021 August 26, 2021
- 12:29
National Bank invests $103M in financial data company
The investment includes $30 million in growth capital
- By: Maddie Johnson
- August 26, 2021 August 26, 2021
- 11:58
Party leaders talk affordability in B.C., Ontario
Canada's political parties want to address the current cost of living crisis
- By: Mia Rabson, The Canadian Press, The Canadian Press
- August 25, 2021 August 25, 2021
- 16:34
National Bank says no-commission trading was years in the works
The bank wants to increase its client base for its direct brokerage
- By: The Canadian Press
- August 25, 2021 September 7, 2021
- 16:12
Liberals target banks, insurers with tax hike on profits over $1 billion
Big financial institutions would also have to pay a pandemic recovery dividend
- By: Mark Burgess
- August 25, 2021 September 20, 2021
- 15:28