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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

RBC Bank branch stock photo

RBC becomes bigger bank, and bigger target, as it closes HSBC Canada deal

The bank is now worth about $193 billion — about $50 billion ahead of TD Bank

Manitoba Legislative Building in Winnipeg, Manitoba, Canada

Manitoba to claw back basic personal amount above $200K

Province also extends gas tax cut by three months, doubles the fertility tax credit and changes property taxes

Folders with the label Retirement Plan and Pension

Canadian pensions strengthened solvency in Q1: Mercer

Improvements were due to strong equity performance and interest rate increases

CRA signage

Underused housing tax not meant to generate extra tax revenue, CRA says

Agency has spent more administering the UHT than it has assessed so far 

Air raid sirens

CRA exempts bare trusts from reporting requirements for 2023

Filing is required only if directly requested by the Canada Revenue Agency

Apartment building

Cautious optimism for federal plan to let rent count toward credit scores

Canadian Bankers Association said it will assess the new policy when revealed

announcement

New advocacy org for investment dealers launches

CEO is former managing director of IIAC

  • By: IE Staff
  • March 28, 2024 March 28, 2024
  • 12:47
man on laptop

Firms face flood of requests for home office expense forms 

Some firms concerned CRA’s employee expense policy could thwart return-to-office initiatives, EY Canada tax expert says 

The legislature in Ontario

Ontario expands vacant home, foreign speculation tax regimes

Province will encourage municipalities to set higher VHT rate for foreign-owned homes