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Canada Parliament and Canadian Flag over blue sky.

Feds raise capital gains inclusion rate to 66.6% for high earners, starting June 25

Higher new rate applies on gains above $250,000 for individuals, and all gains realized in corps and trusts

Canadian Parliament in Ottawa

Budget 2024 pledges $53B in new spending

Government keeps $40-billion deficit from rising in annual budget

Filing a tax document online

CRA launches new verification method for online access

The new verification process will be more convenient, but not all taxpayers will benefit

Wood homes under construction

Feds to propose funding for CRA real estate audits in 2024 budget 

Ottawa said it is targeting tax fraud in the housing sector

Horn speaker for public relations sign symbol, vintage color - sun with blue sky

FP Canada announces CFP exam results for February

Pass rate for first timers was 72%

  • By: IE Staff
  • April 12, 2024 April 12, 2024
  • 15:12
skyscrapers in Manhattan at sunset, New York City

JPMorgan again warns investors about uncertain year ahead

Warning comes as big U.S. banks issue mixed profit reports

Canadian flags in business district

OSFI limiting leverage in bank mortgage portfolios

Measure aims to reduce risk of borrowers being unable to pay their loans

pot hole bad roads

Title protection harmonization faces bumpy road

As Ontario stakeholders fume over the latest approved credential, other provinces consider the correct course

home sale

Feds boost home buyers plan withdrawal limit to $60,000

Expanded HBP, combined with FHSA, could help first-time buyers build down payment faster

RBC Bank branch stock photo

RBC faces questions on climate, Indigenous rights at AGM

Many questions focused on how the bank ensures consent for projects it funds

Governor Tiff Macklem and senior deputy governor Carolyn Rogers

Why BoC raised neutral rate

Central bank expects interest rates to land at a higher level — an important consideration for clients with debt

announcement

Wes Hall co-founds Indigenous real estate advisory

Firm works with clients to implement modern construction methods, deliver ESG outcomes

  • By: IE Staff
  • April 10, 2024 April 10, 2024
  • 12:54
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

Switzerland lays out new too-big-to-fail rules in wake of Credit Suisse banking turmoil last year

Measures will aim to boost liquidity at financial institutions and rein in excessive banker bonuses

Tiff Macklem

After holding policy rate once again, Macklem says rate cut in June possible

Data this year have increased central bank’s confidence that inflation will continue to slow

people with questions

Pay down debt or buy that mutual fund?

A Mercer report analyzes impact of interest rates on different generations' financial decisions

  • By: IE Staff
  • April 9, 2024 April 9, 2024
  • 16:07
Tarmac and planes at the Pearson Airport in Toronto, Canada

Start early on Canadian departure tax planning    

Building in plenty of lead time prior to leaving the country can save clients money

concept of time

Momentum building for T+1 in Europe

Industry trade groups line up behind U.K.'s call for move by 2027

Tax returns storage

CRA’s focus on real estate audits paying off

Agency assessed $2.7 billion in additional tax and penalties from 2015 to 2023

Laurentian bank logo on building

IAPW expects smooth transition for Laurentian advisors

Two firms use same vendors, and iA has experience recruiting corporate advisors

Two entrepreneurs working on their bills in the retail store

What clients need to know about employee ownership trusts

Business owners should compare EOTs with other exit options

How much big four insurance CEOs made in 2023

The top executives all exceeded their annual incentive targets

Tax inspection

SEC pauses climate rule amid legal challenges

The rule is pending review in the U.S. Court of Appeals for the Eighth Circuit

Laurentian bank logo on building

Laurentian sells retail brokerage to iA Financial

Deal includes 16,000 accounts, $2 billion in assets, 30 advisors

Doing Homework

FP Canada names top scorers on latest QAFP exam

Effective this month, candidates can have five years' qualifying work experience in lieu of a diploma

  • By: IE Staff
  • April 4, 2024 April 4, 2024
  • 16:56
Judge makes ruling

Advocis settles with SeeWhy over non-payment of study materials

Association paid outstanding invoice, plus interest and majority of legal fees, SeeWhy says