$5.2 billion in home office expenses claimed last tax season
CRA has indicated that employees who worked from home in 2023 by choice can claim employment expenses
- By: Rudy Mezzetta
- February 21, 2024 April 10, 2025
- 12:38
Latest news in Industry News
iA Financial Group reports net income of $248 million for Q4 2023
Earnings per share were $2.46, up from $1.71 a year earlier
- By: Jonathan Got
- February 21, 2024 February 22, 2024
- 11:37
Product roundup: Mackenzie launches halal mutual fund
Also, Lester Asset Management launches Canada's first biodiversity fund
- By: Jonathan Got
- February 20, 2024 February 21, 2024
- 15:12
WCM’s Return to Bay Street program results in 18 hires in 2023
Hirees to work at eight different financial institutions
- By: IE Staff
- February 20, 2024 February 20, 2024
- 11:03
Must an employer provide a Form T2200?
Employees need the form to claim home-office expenses this tax filing season
- By: Rudy Mezzetta
- February 16, 2024 February 16, 2024
- 14:51
CPP Investments earned 3.4% in latest quarter
Net assets grew to $590.8 billion
- By: The Canadian Press
- February 15, 2024 February 15, 2024
- 15:16
Industry moves this week
Two people departed from Scotiabank, including veteran executive Jake Lawrence
- By: Katie Keir
- February 15, 2024 February 15, 2024
- 14:29
Manulife Financial reports $1.66B in net income in Q4
In Canada, assets under management were up 3% in 2023
- By: The Canadian Press, IE Staff
- February 15, 2024 February 15, 2024
- 12:14
Great-West Lifeco sees Q4 earnings rise to $740M
Net earnings were down for the company's Canada segment
- By: The Canadian Press, IE Staff
- February 15, 2024 May 2, 2024
- 11:48
Quebec’s top leaders announced for 2023
Guy Cormier and others were honoured by Finance et Investissement
- By: IE Staff
- February 14, 2024 February 14, 2024
- 11:24
Power Corp. hires veteran Scotiabank executive Jake Lawrence
Former head of Scotiabank's wholesale banking and capital markets business replaces Gregory Tretiak at Power Corp. as of March 18
- By: The Canadian Press
- February 14, 2024 February 14, 2024
- 11:15
SeeWhy Learning sues Advocis over non-payment of study materials
The national financial advisors association alleges it was overcharged
- By: Michelle Schriver
- February 13, 2024 February 13, 2024
- 14:57
AMF outlines best practices for responsible AI use
Consumer protection and individual responsibility a core focus of the recommendations
- By: Jonathan Got
- February 13, 2024 February 13, 2024
- 13:59
Denying tax deductions for illegal short-term rentals could raise $170M: PBO
One in 10 Airbnbs in Montreal, Toronto and Vancouver are unlicensed, report found
- By: Jonathan Got
- February 13, 2024 February 13, 2024
- 11:23
Firms expect fewer Canadians will contribute to RRSPs this year
Canadians are more concerned with meeting current needs than saving for the future, according to industry surveys
- By: Jonathan Got
- February 13, 2024 February 12, 2024
- 09:00
CPA Canada cuts 20% of workforce ahead of split with Ontario and Quebec
The organization had about 400 employees across the country before the cuts
- By: The Canadian Press
- February 12, 2024 February 12, 2024
- 10:48
4 in 10 Canadian asset managers plan to launch impact products: Millani
Respondents concerned about greenwashing, biodiversity and green investment classification in Canada
- By: Jonathan Got
- February 12, 2024 February 9, 2024
- 08:00
Insurance advisors need ample coaching and tools
MGAs and carriers are revamping their support programs in response
- By: Katie Keir
- February 12, 2024 April 10, 2025
- 00:10
Globalive’s Lacavera says deal in place to acquire Wealth One Bank of Canada
Wind Mobile founder sees acquisition as opportunity to provide more choice in banking services
- By: The Canadian Press
- February 9, 2024 February 9, 2024
- 15:51
Pollock sues Advocis for wrongful termination
Longtime president and CEO alleges he was let go without notice
- By: Michelle Schriver, Melissa Shin
- February 9, 2024 February 9, 2024
- 15:23
Sun Life Financial reports net income of $749 million for Q4 2023
Assets under management increased 6% in 2023
- By: IE staff, with files from Canadian Press
- February 8, 2024 February 8, 2024
- 10:55
Wealth business drives Canaccord earnings as M&A outlook improves
The firm's Canadian wealth management business generated $77 million in third-quarter revenue
- By: IE Staff
- February 8, 2024 February 8, 2024
- 10:42
NY Community Bancorp tries to reassure investors, but stock falls again
Shares fell another 11% Wednesday after the bank's credit rating got downgraded to “junk”
- By: Ken Sweet
- February 7, 2024 February 7, 2024
- 11:25
Big Six banks missing the mark on hiring people with disabilities
Government data shows financial sector is also falling short on gender and Indigenous pay gaps
- By: Jonathan Got
- February 6, 2024 February 6, 2024
- 16:07
U.S., Canada may not see rate cuts until Q3: Scotiabank
The bank is calling for stronger growth in Canada and the U.S. this year
- By: Jonathan Got
- February 6, 2024 February 6, 2024
- 14:32