Millennials have most unused TFSA room: CRA
Canadians hold $524 billion in their TFSAs, according to new CRA data
- By: Rudy Mezzetta
- June 21, 2024 July 10, 2024
- 16:46
Latest news in Industry News
Revised AMT, intergenerational business transfer rules now law
Budget implementation bills C-59 and C-69 received royal assent late Thursday
- By: Rudy Mezzetta
- June 21, 2024 June 21, 2024
- 14:30
Guardian Capital to acquire Toronto investment manager
Acquisition to add over $1 billion to Guardian’s AUM
- By: Jonathan Got
- June 21, 2024 June 21, 2024
- 13:41
Fiera Capital buys its shares back from Desjardins
Transaction is valued at $53 million and follows an April announcement from Desjardins
- By: Frédéric Lacroix-Couture, La Presse Canadienne, IE Staff
- June 21, 2024 June 21, 2024
- 13:24
Fidelity launches advisor platform
Fidelity to target retiring advisors and transition books of business to in-house force
- By: Rudy Mezzetta
- June 20, 2024 June 20, 2024
- 17:00
Capital gains reserve more beneficial after inclusion rate hike
Clients may be able to use the $250,000 threshold over multiple years
- By: Rudy Mezzetta
- June 19, 2024 June 21, 2024
- 17:42
How total cost reporting will affect life agents
After receiving enhanced statements, clients may have questions, FSRA says
- By: Michelle Schriver
- June 19, 2024 June 19, 2024
- 15:02
Firms pledged to improve Black representation. They still have work to do
Four years after the BlackNorth Initiative launched its pledge, progress is mixed, but happening
- By: Melissa Shin
- June 18, 2024 July 7, 2024
- 14:00
VersaFi recognizes 20 financial leaders for advancing gender equity
Award winners are "striving to change the status quo" within their firms, finance sector
- By: IE Staff
- June 18, 2024 June 18, 2024
- 10:51
IRS wants to end tax loophole for the wealthy
The measure, which targets pass-through companies, could raise more than US$50 billion
- By: Josh Boak, Fatima Hussein, The Associated Press
- June 17, 2024 June 17, 2024
- 15:40
Latest designation from CIFP may allow life agents to use FA title
RLIS is pending approval under Ontario's title protection, the credentialing body says
- By: Michelle Schriver
- June 14, 2024 June 14, 2024
- 15:28
Complaints up, suspensions down for financial planners in 2023
FP Canada Standards Council released its annual enforcement activity
- By: IE Staff
- June 14, 2024 June 14, 2024
- 15:06
Harbourfront acquires Calgary portfolio management firm
CEO of Harbourfront Wealth Management says his firm prioritizes profitability over assets when choosing acquisitions
- By: Jonathan Got
- June 14, 2024 June 14, 2024
- 10:07
Value of a Canadian financial advisor decreases slightly year over year: study
Behavioural coaching adds the most value, Russell Investments finds
- By: IE Staff
- June 13, 2024 June 13, 2024
- 14:30
Extra $9B in benefits could be paid through automatic tax filing: PBO
The estimate from the Parliamentary Budget Officer spans five fiscal years
- By: Jonathan Got
- June 13, 2024 June 13, 2024
- 13:43
Bank CEOs push back on MP calls to reduce oil and gas funding
Canada's biggest banks face criticism for not moving fast enough on climate targets
- By: Ian Bickis, The Canadian Press
- June 13, 2024 July 10, 2024
- 10:41
National Bank to buy Canadian Western Bank
The move continues consolidation in the Canadian banking industry
- By: Melissa Shin, Ian Bickis, The Canadian Press
- June 11, 2024 June 12, 2024
- 17:17
Why holding index funds within a life insurance policy can be tax-efficient
Permanent insurance also has a host of other tax benefits
- By: Mary Hagerman
- June 11, 2024 June 6, 2024
- 13:00
Feds offer few carveouts to capital gains inclusion rate hike
June 25 is indeed the date that the hike will take place
- By: Rudy Mezzetta
- June 10, 2024 July 10, 2024
- 16:54
CSI updates exam cancellation policy
To avoid a fee, 31 days’ notice will be required
- By: Michelle Schriver
- June 10, 2024 June 10, 2024
- 11:47
New centre to track Indigenous data on businesses, land and resources
Initiative fulfils a call to action from the National Indigenous Economic Strategy released in 2022
- By: Alessia Passafiume, The Canadian Press
- June 7, 2024 June 7, 2024
- 09:02
IE’s Calendar of Industry Events
Helping advisors find opportunities for accredited continuing education
- By: IE Staff
- June 7, 2024 June 7, 2024
- 09:00
Canaccord’s wealth management earnings set records
Division was a bright spot as annual revenue fell by 2.1%
- By: Noushin Ziafati
- June 6, 2024 June 6, 2024
- 14:11
What BoC rate cut means for mortgages, consumer loans, investments
Most banks lowered their prime rates to 6.95% following the announcement
- By: Ian Bickis, The Canadian Press
- June 5, 2024 June 5, 2024
- 16:31
Trusts holding GICs must file an annual tax return, CRA says
Trusts holding GICs would not qualify for a filing exemption available to low-value trusts
- By: Rudy Mezzetta
- June 5, 2024 July 10, 2024
- 13:33