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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

Business partnership meeting. Picture businessmans handshake. Successful businessmen handshaking after good deal. Horizontal, blurred (Business partnership meeting. Picture businessmans handshake. Successful businessmen handshaking after good deal. Ho

Fairstone Bank, Home Trust to merge

Combined company will have more than two million customers with more than 250 branches

Quebec flag billowing in the breeze

Defer your pension to age 72? Quebecers now have the option

Quebec retirees can receive up to 59% more in QPP under recent changes

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

FSRA approves another credential for FP title use

Regulator has now accepted six credentials for "financial planner"

  • By: IE Staff
  • March 22, 2024 March 22, 2024
  • 15:06
Judge gavel, scales of justice and law books in court

Julie Martini sues Advocis for constructive and wrongful dismissal

The claim is the third against the national financial advisors association in recent months

Canadian Parliament Building at Dusk

We know we need tax reform, but can’t agree how to do it

Tax reform could mean easier access to benefits, provide a boost to productivity

Canadian flags in business district

Competition Bureau recommends open banking to bolster competition

Bureau also suggested allowing uninsured mortgage borrowers to switch banks without undergoing a stress test

A silhouetted businessman stands on top of a mountain peak and looks into the distance with a spyglass in front of a dramatic sunset in the distance

BoC expects quantitative tightening to end in 2025, deputy governor says

Deputy governor Toni Gravelle gave a speech Thursday on the central bank's balance sheet plans

Downtown Toronto Financial District Skyscrapers stock photo

RBC to convert HSBC locations once takeover closes

Branches and offices being converted into RBC locations will reopen on April 1

Low angle view of Skyscrapers in downtown Toronto during the day

BMO to begin racial equity audit this year

And all Big Six banks that pledged to increase the number of Black board members have done so

Saskatchewan legislative assembly

Saskatchewan pre-election budget pitches record spending, $273M deficit

No tax hikes were announced

Finance and Treasury Board Minister Ernie Steeves tabled today the 2023-24 budget

New Brunswick tables pre-election budget

Budget contains no tax cuts and has $41M surplus