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
- By: Ian Bickis, The Canadian Press
- April 4, 2024 April 4, 2024
- 15:20
The bank is now worth about $193 billion — about $50 billion ahead of TD Bank
Province also extends gas tax cut by three months, doubles the fertility tax credit and changes property taxes
Improvements were due to strong equity performance and interest rate increases
Agency has spent more administering the UHT than it has assessed so far
Filing is required only if directly requested by the Canada Revenue Agency
CEO is former managing director of IIAC
Some firms concerned CRA’s employee expense policy could thwart return-to-office initiatives, EY Canada tax expert says
Province will encourage municipalities to set higher VHT rate for foreign-owned homes
Combined company will have more than two million customers with more than 250 branches
Quebec retirees can receive up to 59% more in QPP under recent changes
Regulator has now accepted six credentials for "financial planner"
The claim is the third against the national financial advisors association in recent months
Tax reform could mean easier access to benefits, provide a boost to productivity
Bureau also suggested allowing uninsured mortgage borrowers to switch banks without undergoing a stress test
Deputy governor Toni Gravelle gave a speech Thursday on the central bank's balance sheet plans
Branches and offices being converted into RBC locations will reopen on April 1
And all Big Six banks that pledged to increase the number of Black board members have done so
No tax hikes were announced
Budget contains no tax cuts and has $41M surplus
Tax rules allow homeowners to hold their mortgage in a registered plan if certain conditions are met
Buyers are showing more optimism than last year
The firm also hopes to reach 25% women advisors by 2025
Also, Koyfin data platform now includes Canadian mutual funds
Total compensation ranged from $6.30 million to $7.56 million