Government help during Covid-19: a summary
Let clients know about available assistance
- By: IE Staff
- December 22, 2020 December 22, 2020
- 11:00
Latest news in Industry News
Breaking down federal support for business owners
Here’s a summary of the feds' Covid-19 economic response
- By: Michelle Schriver
- December 22, 2020 December 22, 2020
- 00:00
Congress seals agreement on US$900-billion Covid relief bill
The package includes a $300-per-week jobless benefit and a $600 direct payment to most Americans
- By: Andrew Taylor
- December 21, 2020 December 21, 2020
- 09:40
Hedge fund founders face OSC charges
The regulator alleges that the founders diverted money raised for the fund to other purposes
- By: James Langton
- December 18, 2020 December 18, 2020
- 11:00
Banking industry’s tech shift has accelerated amid pandemic
Artificial intelligence is playing a bigger role in banks' tech strategies
- By: Tara Deschamps, The Canadian Press, The Canadian Press
- December 18, 2020 December 18, 2020
- 10:41
Retail sales hit $54.6 billion in October: StatsCan
Car and truck part dealers led the increase in retail sales
- By: The Canadian Press
- December 18, 2020 December 18, 2020
- 10:13
U.S. discount brokerage manipulates inexperienced investors, regulators say
Robinhood Financial is accused of downplaying trading risks
- By: Stan Choe, The Associated Press, Alex Veiga, The Associated Press, The Associated Press
- December 16, 2020 December 16, 2020
- 15:29
Guardian Capital acquires BNY Mellon’s Canadian wealth management biz
The acquisition adds more than $5.5 billion to the firm's assets under advisement
- By: IE Staff
- December 16, 2020 December 16, 2020
- 12:00
CLHIA joins global sustainability effort
Global warming and extreme weather events are key industry concerns
- By: James Langton
- December 15, 2020 December 15, 2020
- 15:17
Pandemic accelerates ESG, investment and tech trends
The time has come to think about risk "like never before"
- By: Katie Keir
- December 15, 2020 December 15, 2020
- 13:23
CRA provides new rules for claiming home office expenses
There's a temporary flat-rate method for up to $400, and a simplified "detailed" method with a new Form T2200S
- By: Rudy Mezzetta
- December 15, 2020 December 15, 2020
- 12:52
TFSA contributions increase despite pandemic: BMO
More than half of Canadians made the contributions they had planned to this year
- By: IE Staff
- December 15, 2020 December 15, 2020
- 11:37
Instant repo settlement: a problem the blockchain may solve
JPM completes repo transaction on in-house blockchain
- By: James Langton
- December 10, 2020 December 10, 2020
- 17:13
Budget officer blasts lack of detail in Liberals’ $100B stimulus plan
The plans involves investment in a greener and more inclusive economy
- By: Lee Berthiaume, The Canadian Press
- December 10, 2020 December 11, 2020
- 13:11
BoC warns of bumpy economic start to 2021 as it keeps key rate on hold
The central bank plans to continue buying about $4 billion in bonds per week
- By: Jordan Press
- December 9, 2020 December 9, 2020
- 10:31
Business group urges feds to give Canadians a GST holiday
The temporary elimination of GST/HST is among 30 recommendations made by the Canadian Chamber of Commerce
- By: Rudy Mezzetta
- December 8, 2020 December 15, 2020
- 16:43
As infections rise, European Central Bank prepares stimulus
The bank could add a half-trillion euros to its existing bond purchases
- By: David McHugh
- December 8, 2020 December 8, 2020
- 09:34
Time for tax-loss selling
Clients who need their trades to settle in 2020 should be aware of impending deadlines
- By: IE Staff
- December 7, 2020 November 26, 2020
- 13:00
Consumers’ trust in banks wanes, but confidence in advice remains
Digital transactions may be undermining trust in banks, according to Accenture
- By: IE Staff
- December 7, 2020 December 7, 2020
- 12:06
Applications open for expanded CEBA program
Small businesses can now apply for an additional $20,000
- By: IE Staff
- December 7, 2020 December 7, 2020
- 11:03
Laurentian, CWB report drop in Q4 profit
Both banks beat earnings expectations
- By: The Canadian Press
- December 4, 2020 December 4, 2020
- 10:44
Swiss National Bank tests digital currency
SNB joins BIS, SIX in test of blockchain-based wholesale digital asset
- By: James Langton
- December 3, 2020 December 3, 2020
- 13:56
TD Bank beats expectations in Q4
The bank earned $5.14B in the fourth quarter
- By: The Canadian Press
- December 3, 2020 December 15, 2020
- 12:57
Tea and Chris Nicola to depart CI Direct Investing
Couple founded robo-advisor WealthBar in 2014
- By: Rudy Mezzetta, Fiona Collie
- December 3, 2020 December 15, 2020
- 12:47
CIBC to focus on winning market share in personal and small biz banking
The bank reported $1.02B in profit in the fourth quarter
- By: Tara Deschamps, The Canadian Press, The Canadian Press
- December 3, 2020 December 3, 2020
- 10:20