FSRA open to strengthening requirements for financial advisor title
Credentialing bodies also discussed putting clients first at regulator's annual conference
- By: Michelle Schriver
- March 4, 2024 March 4, 2024
- 17:31
Latest news in Industry News
BoC expected to hold interest rates this week
Many forecasters anticipate the first rate cut to come midyear
- By: Nojoud Al Mallees, Canadian Press
- March 4, 2024 March 4, 2024
- 12:28
P.E.I. budget projects $85-million deficit, increase in health-care spending
The province has budgeted $72.7 million for housing
- By: The Canadian Press
- March 1, 2024 March 1, 2024
- 17:19
Richardson Wealth adds retention bonuses for advisors
The bonuses will total $15.2 million for advisors who stay until at least November 2026
- By: Rudy Mezzetta
- March 1, 2024 March 1, 2024
- 15:34
CMHC ends first-time homebuyer incentive
The first-time home buyers' tax credit is unaffected
- By: Ian Bickis, The Canadian Press
- March 1, 2024 March 1, 2024
- 15:15
Toronto pension firm sues Scotiabank over pension plan for doctors
Claim for $700M alleges Medicus Pension Plan was built on confidential information
- By: Michael McKiernan
- March 1, 2024 March 1, 2024
- 13:13
IRS cracks down on wealthy ‘non-filers’
Move is the latest in a series of campaigns aimed at high-wealth individuals
- By: Fatima Hussein, The Associated Press
- March 1, 2024 March 1, 2024
- 10:06
Nova Scotia indexes its tax brackets
Provincial budget states the move will save taxpayers $160 million a year by 2028
- By: Michael Tutton, Keith Doucette, The Canadian Press, IE Staff
- March 1, 2024 March 1, 2024
- 09:34
Health, education come out ahead in restrained Alberta budget
Total spending is forecast to rise by 3.9% increase from last year
- By: Bob Weber
- March 1, 2024 March 1, 2024
- 09:17
TD fast-tracking efforts to fix anti-money laundering deficiencies: CEO
The bank reported a first-quarter profit of $2.82 billion, up from $1.58 billion a year earlier
- By: Ian Bickis, The Canadian Press
- February 29, 2024 February 29, 2024
- 13:59
CIBC reports $1.73 billion Q1 profit as mortgage concerns ease
Company says fears of impaired loans in its U.S. office portfolio have also been sorted out
- By: Ian Bickis, The Canadian Press
- February 29, 2024 February 29, 2024
- 12:24
Investors wary of AI for investment decisions: survey
They want investment firms to be transparent about the use of AI and smart about mitigating risks
- By: Jonathan Got
- February 29, 2024 February 29, 2024
- 11:14
RBC reports $3.58B Q1 profit, with provisions for credit losses up
The bank's wealth management arm earned $606 million, down from $830 million a year earlier
- By: Ian Bickis, The Canadian Press
- February 28, 2024 February 28, 2024
- 11:05
National Bank reports $922M Q1 profit, up from $876M a year ago
Revenue for the quarter totalled $2.71 billion, up from $2.56 billion in the same quarter last year
- By: The Canadian Press
- February 28, 2024 February 28, 2024
- 10:56
Identity, mortgage fraud on the rise: Equifax survey
Fraudsters take advantage of economic vulnerabilities, credit reporting agency says
- By: The Canadian Press
- February 27, 2024 February 27, 2024
- 16:12
Pension funds improving modestly on climate but still too slow: report
Shift report downgrades CPPIB, gives AIMCo worst grade
- By: Ian Bickis, The Canadian Press
- February 27, 2024 February 27, 2024
- 15:26
Scotiabank reports Q1 profit up as recession fears clear
The bank doesn't see a pickup in Canada until later this year
- By: Ian Bickis, The Canadian Press
- February 27, 2024 February 27, 2024
- 14:21
BMO reports revenue and profits constrained by “challenging economic backdrop”
Wealth management earned $240 million, up from $159 million a year earlier
- By: Ian Bickis, The Canadian Press
- February 27, 2024 February 27, 2024
- 14:08
Wealthica offers consolidated reporting for family offices
The platform also launched a cost base calculator
- By: Jonathan Got
- February 27, 2024 March 18, 2024
- 12:34
BMO Insurance refines its underwriting questions
Targeted questions, simplified requirements are part of the changes
- By: IE Staff
- February 26, 2024 February 26, 2024
- 15:43
CI Financial reports $63.5M loss in Q4
Firm announces bid to repurchase up to $85 million of its shares
- By: Rudy Mezzetta
- February 23, 2024 February 23, 2024
- 13:52
Indigenous firms, First Nation to create investment dealer with Scotiabank
Over time, the bank intends to reduce its controlling stake
- By: Melissa Shin, Ian Bickis, The Canadian Press
- February 23, 2024 February 26, 2024
- 13:30
B.C. to introduce home flipping tax
Province's election budget boosts family benefits as deficit soars to $7.9B
- By: Dirk Meissner, IE staff, with files from Canadian Press
- February 23, 2024 February 23, 2024
- 10:31
Saskatchewan to spend extra $750M this fiscal year
Opposition calls for transparency
- By: Jeremy Simes, The Canadian Press
- February 23, 2024 February 23, 2024
- 10:00
CRA announces prescribed rate for Q2
Agency confirms the interest rate Canadians must pay on overdue tax will remain 10%
- By: Rudy Mezzetta
- February 21, 2024 February 21, 2024
- 15:22