Latest news in Industry News

D grade written in red on notebook paper

CRA gets “D” on recent report card

The CFIB made 200 test calls to evaluate the tax information call centre's performance

Bank skyscrapers in downtown Toronto

Banks offer their 2020 outlooks and priorities

Canadian banking executives spoke at a conference in Toronto

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Ontario small business tax rate drops 0.3 percentage points

The decrease, effective Jan. 1, was proposed in the fall fiscal update

  • By: IE Staff
  • January 6, 2020 January 6, 2020
  • 11:42
British Columbia provincial parliament building, Victoria, BC

B.C. government sets a lower home value for those claiming a tax grant

The lower threshold reflects declining home prices

United States Federal Reserve System symbol

Federal Reserve last month saw a declining risk of recession

Policymakers felt that the risks of a trade war and a disruptive Brexit had diminished

Financial business chart and economic development

Markets boost solvency, funding status of Canadian pensions

Rising yields and strong equities supported DB plans in 2019, Aon reports

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Snowbirds fighting Ontario health insurance cuts

As of Jan. 1, 2020, OHIP no longer covers most out-of-country medical emergencies

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Vanguard goes commission-free

U.S. giant cuts stock and option trading costs

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Equity issuance slumped, debt surged, in 2019

Global debt enjoyed a record year, but IPOs were weaker

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Lower taxes, new RRSP rules and digital news tax credit among 2020 changes

Numerous changes are effective Jan. 1

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Slideshow: IE Yearend Quiz

Have you paid attention to what’s been happening in the industry this year? You’re about to find out

  • By: IE Staff
  • December 23, 2019 December 23, 2019
  • 14:03
tax inspector investigating financial documents through magnifying glass, forensic accounting or financial forensics, inspecting offshore company financial papers, documents and reports.

U.S. broker sanctioned for failing to guard against market manipulation

FINRA, U.S. exchanges found Credit Suisse failed to oversee direct access clients

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CI Financial acquires majority stake in RIA firm

The transaction is part of CI’s plan to grow its presence in the U.S. RIA market

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Invesco announces change in portfolio manager

The change affects Invesco's fixed income team

  • By: IE Staff
  • December 23, 2019 December 23, 2019
  • 10:56

Advisors could face suspensions if CE credits aren’t reported on time

IIROC’s late-filing fee for CE credits takes effect Jan. 1

Washington DC Monument with cherry blossoms

U.S. economy grew at moderate 2.1% rate in 3rd quarter

Economists now believe the GDP is growing around 2% in the current quarter

the canadian parliament and library during the fall

Liberals put changes to employee stock options on hold

The changes were supposed to take effect on Jan. 1

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iA Wealth launches hybrid advice platform

iA WealthAssist combines the services of an investment advisor with the convenience of a self-serve platform

  • By: IE Staff
  • December 19, 2019 December 19, 2019
  • 13:33
Female tax inspector looking at corporate financial documents with magnifying glass

Bank of England audio feed ‘misused’ by hedge funds

The central bank referred the case to the Financial Conduct Authority

Urban landscape of Malmo, Sweden

Swedish central bank ends pioneering era of subzero rates

The benchmark rate has been raised to zero

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Tales from the crypto: Clients want to see human remains of QuadrigaCX founder

More than 76,000 unsecured creditors, virtually all of them QuadrigaCX clients, came forward to say they are owed $214.6 million

Annual TFSA contributions up 10% on average: survey

Two-thirds of Canadians currently hold a Tax-Free Savings Account

Daydreaming young couple at home

Mortgage lending grows, while HELOC lending slows

A new report from Scotiabank says a hotter housing market has led to faster growth in mortgage borrowing

  • By: IE Staff
  • December 18, 2019 December 18, 2019
  • 12:18
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Statistics Canada says annual pace of inflation climbs to 2.2%

In November, energy prices posted their first year-over-year increase since April

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Sun Life to expand infrastructure expertise with investment in InfraRed

The deal also has provisions for Sun Life to acquire the remaining equity of InfraRed within five years