Title regulation coming to the Prairies
Saskatchewan has joined Ontario in regulating "financial planner" and "financial advisor"
- By: Michelle Schriver
- December 3, 2019 December 3, 2019
- 11:27
Latest news in Industry News
CI Financial partners with MIT expert for retirement solutions
The partnership is intended to help educate CI advisors on how to serve aging clients
- By: Maddie Johnson
- December 3, 2019 December 3, 2019
- 11:27
TFSA assets rise 19% year-over-year
Average unused TFSA contribution room in 2017 was $30,947
- By: Rudy Mezzetta
- December 3, 2019 December 3, 2019
- 10:44
Bank of Montreal to trim 5% of workforce, with cuts across business
The move is expected to provide annual savings of $200 million in fiscal 2020
- By: The Canadian Press
- December 3, 2019 December 3, 2019
- 10:41
Trading fees capped on Lynx ATS
Adding liquidity is free and removing liquidity costs 0.02¢ per share
- By: James Langton
- December 2, 2019 December 2, 2019
- 12:04
Expand access to annuities, CLHIA argues
The industry group is calling on the government to enable the use of annuities within TFSAs
- By: James Langton
- December 2, 2019 December 2, 2019
- 11:58
New website gives advisors tools to serve seniors
CSI's Financial Health for Seniors initiative will provide advisors with free resources on serving senior clients
- By: Maddie Johnson
- November 29, 2019 November 29, 2019
- 11:30
Canada’s economic growth slows in third quarter
Real gross domestic product grew at an annualized rate of 1.3%, StatCan reports
- By: The Canadian Press
- November 29, 2019 November 29, 2019
- 10:46
Defining a ‘related business’ for TOSI purposes
One way to avoid TOSI is to qualify for the excluded shares exception
- By: Michelle Schriver
- November 28, 2019 November 28, 2019
- 14:21
Advisor who didn’t report commissions to CRA convicted of tax fraud
An Ontario man has received a two-year conditional sentence and a fine of $445,789
- By: IE Staff
- November 28, 2019 November 28, 2019
- 11:45
IFIC welcomes new members
Three firms have joined the industry group
- By: IE Staff
- November 27, 2019 November 27, 2019
- 15:55
North American banks face $88B hit in payments revenue: Accenture
Competition from non-banks will cut into margins, a report says
- By: IE Staff
- November 27, 2019 November 27, 2019
- 14:44
Wellington-Altus continues growth with addition of Cresco Wealth Management
Cresco, previously part of Scotia Wealth Management, represents the largest book of business to join the independent advisory firm
- By: Greg Dalgetty
- November 27, 2019 November 27, 2019
- 14:24
TSX reviewing CannTrust listing due to failure to file financial statements
The cannabis company has been under fire since Health Canada discovered illicit cultivation
- By: The Canadian Press
- November 27, 2019 November 27, 2019
- 11:19
CI Financial acquires majority stake in U.S. firm
The move marks the first step in the Toronto-based company’s U.S. expansion
- By: IE Staff
- November 27, 2019 November 27, 2019
- 10:45
Younger TFSA holders need to keep an eye on contribution limits
Canadians are advised to keep track of their TFSA withdrawals and contributions themselves
- By: Rudy Mezzetta
- November 27, 2019 November 27, 2019
- 10:45
2020 TFSA limit announced
Contribution room accumulates beginning in the year in which a person turns 18
- By: Rudy Mezzetta
- November 27, 2019 December 2, 2019
- 10:00
Sun Life subsidiary secures partnership with bank in Vietnam
The agreement expands Sun Life Vietnam's distribution network
- By: IE Staff
- November 26, 2019 November 27, 2019
- 12:10
Pascal Financial launches wealth management platform for advisors
The digital platform is designed to reduce admin time by up to 50%
- By: IE Staff
- November 26, 2019 November 26, 2019
- 11:35
Scotiabank reports $2.31B fourth quarter profit, up from $2.27B a year ago
Profit amounted to $1.73 per diluted share for the quarter
- By: Ross Marowits, The Canadian Press
- November 26, 2019 November 26, 2019
- 10:54
ETF sales rebound in October
Sales were up in all asset classes
- By: IE Staff
- November 25, 2019 November 25, 2019
- 16:19
Amalgamation of GWL’s lifecos becomes official in January
Company exec says the change will simplify “how advisors choose products”
- By: IE Staff
- November 25, 2019 November 25, 2019
- 13:39
Is now the time to buy energy stocks?
A new report says energy is either a value trap or a great opportunity
- By: Michelle Schriver
- November 25, 2019 November 25, 2019
- 13:33
Charles Schwab buys TD Ameritrade, TD Bank to hold 13% stake in combined firm
The deal could herald more mergers across the industry
- By: The Associated Press
- November 25, 2019 November 25, 2019
- 10:26