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angry client meeting

How total cost reporting will affect life agents

After receiving enhanced statements, clients may have questions, FSRA says

Office buildings in Toronto’s financial district

Firms pledged to improve Black representation. They still have work to do

Four years after the BlackNorth Initiative launched its pledge, progress is mixed, but happening

blurred lights on stage, drama theatre show background

VersaFi recognizes 20 financial leaders for advancing gender equity

Award winners are "striving to change the status quo" within their firms, finance sector

  • By: IE Staff
  • June 18, 2024 June 18, 2024
  • 10:51

IRS wants to end tax loophole for the wealthy

The measure, which targets pass-through companies, could raise more than US$50 billion

Entrance to Financial Services Regulatory Authority of Ontario

Latest designation from CIFP may allow life agents to use FA title

RLIS is pending approval under Ontario's title protection, the credentialing body says

Arrow cube

Complaints up, suspensions down for financial planners in 2023

FP Canada Standards Council released its annual enforcement activity

  • By: IE Staff
  • June 14, 2024 June 14, 2024
  • 15:06
merger

Harbourfront acquires Calgary portfolio management firm

CEO of Harbourfront Wealth Management says his firm prioritizes profitability over assets when choosing acquisitions

A black couple are in a meeting with their financial advisor. They are devising a financial plan to send their kids to university at their kitchen table.

Value of a Canadian financial advisor decreases slightly year over year: study

Behavioural coaching adds the most value, Russell Investments finds

  • By: IE Staff
  • June 13, 2024 June 13, 2024
  • 14:30
T4 statement

Extra $9B in benefits could be paid through automatic tax filing: PBO

The estimate from the Parliamentary Budget Officer spans five fiscal years

Modern urban skyscrapers in downtown Chicago from below to the blue summer sky. Sun reflecting in the glass facades of the urban futuristic buildings. Chicago, Illinois, USA

Bank CEOs push back on MP calls to reduce oil and gas funding

Canada's biggest banks face criticism for not moving fast enough on climate targets

Edmonton

National Bank to buy Canadian Western Bank

The move continues consolidation in the Canadian banking industry

Piggy bank under umbrella

Why holding index funds within a life insurance policy can be tax-efficient

Permanent insurance also has a host of other tax benefits

House of Commons in Ottawa

Feds offer few carveouts to capital gains inclusion rate hike

June 25 is indeed the date that the hike will take place

Sticky note on concrete wall, Cancelled

CSI updates exam cancellation policy

To avoid a fee, 31 days’ notice will be required

Parliament Teepees

New centre to track Indigenous data on businesses, land and resources

Initiative fulfils a call to action from the National Indigenous Economic Strategy released in 2022

OSC Dialogue 2017 to feature FCA, SEC executives

IE’s Calendar of Industry Events

Helping advisors find opportunities for accredited continuing education

  • By: IE Staff
  • June 7, 2024 June 7, 2024
  • 09:00
34369995 - businessman show analyzing report, business performance concept

Canaccord’s wealth management earnings set records

Division was a bright spot as annual revenue fell by 2.1%

Bank of Canada note

What BoC rate cut means for mortgages, consumer loans, investments

Most banks lowered their prime rates to 6.95% following the announcement

CRA signage

Trusts holding GICs must file an annual tax return, CRA says

Trusts holding GICs would not qualify for a filing exemption available to low-value trusts

Texas

U.S. exchange rival planned

New exchange venture raises US$120 million to finance launch

man and woman on scales

Women in Capital Markets changing name to VersaFi

The advocacy group says the new name comes at a time of increasingly difficult headwinds for women in the finance sector

Video call

Ready on camera one?

In an increasingly online world, present yourself on video like a pro

Laurentian bank logo on building

Laurentian Bank launches strategic plan after $117.5M loss

The plan hopes to position the company as an alternative bank

Health Insurance Assurnace computer laptop

Claims for anti-obesity medication on the rise: Manulife

Claims for substance abuse and mental health issues also increasing

Market graph

T+1 transition a success

The proof is that next-day settlement went largely unnoticed this week