For wealthy, no place to hide
Governments are becoming aggressive in seeking out and punishing those they believe are trying to hide money offshore
- By: Rudy Mezzetta
- June 10, 2013 June 10, 2013
- 15:50
Latest news in Industry News
Unclear insurance policy fatal for insurer
The B.C. Court of Appeal has overturned a trial decision denying a $1 million death benefit
- By: Patricia Chisholm
- June 10, 2013 June 10, 2013
- 15:45
RCMP warns of possible tax evasion scheme
Scam follows a “tax charity” format where for each dollar donated to an alleged charity a tax deduction receipt is provided at a multiplied rate…
- By: Fiona Collie
- June 10, 2013 June 10, 2013
- 15:35
Travelers to pay $1.125 billion for Dominion of Canada General Insurance
E-L Financial says it will continue to own 80% of Empire Life
- By: Alexandra Posadzki
- June 10, 2013 June 10, 2013
- 14:05
BoA Merrill Lynch to expand global transaction services in Canada
Hany Naquib to lead business
- By: James Langton
- June 10, 2013 June 10, 2013
- 10:40
INTRIA celebrate cheque-imaging technology rollout
Paperless cheque processing and depositing available from mobile devices, desktop scanners, and image-enabled ABMs
- By: IE Staff
- June 10, 2013 June 10, 2013
- 10:20
Data breaches costly to financial firms
A U.S-based study finds that lost or stolen client information can cost financial services companies US$254 per record
- By: Fiona Collie
- June 10, 2013 June 10, 2013
- 09:30
Industry groups seek delay in cross-border swap rules
Six-month extension would serve several purposes
- By: James Langton
- June 10, 2013 June 10, 2013
- 08:35
Ontario, Alberta fund managers to buy European cinema chain
OMERS, AIMCo to buy Vue Entertainment in $1.5 billion deal
- By: The Canadian Press
- June 10, 2013 June 10, 2013
- 08:05
Canaccord too late to sue former advisor
Court rules firm waited too long to pursue former advisor for claims made by his clients
- By: Patricia Chisholm
- June 7, 2013 June 7, 2013
- 15:30
One Financial winds down All-Weather funds
The firm is restructuring in the wake of the unsuccessful launch of the fund family
- By: Brent Jolly
- June 6, 2013 June 6, 2013
- 16:20
Pension solvency improves in first quarter
The current upswing is an opportunity for plan sponsors to take some risk off the table
- By: IE Staff
- June 6, 2013 June 6, 2013
- 13:20
GMP Investment Mgmt. renamed CQI Capital Mgmt.
Rebranded asset management firm launches CQI Income Opportunities Fund
- By: IE Staff
- June 6, 2013 June 6, 2013
- 12:45
Regulators must adopt a more holistic approach to compliance, says IIAC head
Firms with different business models need more flexibility in meeting compliance requirements
- By: James Langton
- June 6, 2013 June 6, 2013
- 10:15
Broadridge expands Canadian investor communication technology
New service supports consumer choice of preferred delivery
- By: IE Staff
- June 5, 2013 June 5, 2013
- 14:30
Southwestern Ontario credit unions to merge
If approved, the merger of United Communities and Libro Financia would bring together $3 billion in AUA
- By: IE Staff
- June 5, 2013 June 5, 2013
- 14:10
Marquest, Matrix deal one step closer
New firm to manage Seamark assets
- By: IE Staff
- June 5, 2013 June 5, 2013
- 12:15
Putting the brakes on GAAR
Surplus stripping, income splitting and complex tax planning are not prohibited by the Income Tax Act
- By: Patricia Chisholm
- June 5, 2013 June 5, 2013
- 11:30
CLHIA endorses plan for national database of disciplinary decisions
But the association is worried about FSCO’s efforts to combat auto insurance fraud
- By: James Langton
- June 5, 2013 June 5, 2013
- 10:00
BMO Nesbitt settlement binding, appeal court rules
Court of Appeal of Ontario upholds lower court decision
- By: James Langton
- June 5, 2013 June 5, 2013
- 09:00
CWT, Integris announce pension partnership
Personal pension plan gives independent advisors another product for HNW clients
- By: IE Staff
- June 5, 2013 June 5, 2013
- 01:30
BMO reaches settlement in alleged mortgage scam
Alleged Alberta-based mortgage fraud cost the bank about $30 million
- By: The Canadian Press
- June 4, 2013 June 4, 2013
- 15:55
Testamentary trust taxes to increase?
Finance releases details of proposed changes to tax treatment of testamentary trusts
- By: Rudy Mezzetta
- June 4, 2013 June 4, 2013
- 15:20
Sun Life considering new acquisitions in southeast Asia
The company’s primary focus is on growing its existing businesses
- By: The Canadian Press
- June 4, 2013 June 4, 2013
- 15:10
Credit unions post healthy Q1 growth
Assets, savings and loans record solid gains
- By: IE Staff
- June 4, 2013 June 4, 2013
- 14:35