New regime requires every advisor involved in a reportable or notifiable transaction to make their own disclosure to the CRA
High bond yields and weak forecast for equities make conservative portfolios more attractive
The Liberals are moving ahead with a measure for financial institutions proposed in the 2023 budget
Employee numbers were down about 1,500 from the previous quarter, about halfway to the bank's 3% reduction target
Financial advisors must understand their clients' motivations before shaping their behaviour
Agency confirms the interest rate Canadians must pay on overdue tax will rise to 10%
Open banking could be a win for wealth managers
Understanding a client’s motivations goes a long way to helping them achieve long-term goals
Inflation has increased available contribution room for the TFSA
Changes would mean more owners of residential property are excluded from the UHT filing requirement, and reduced penalties for failing to file
The government plans to lift federal taxes on psychotherapy and counselling
A slowing economy and high inflation mean the government has little room to operate
The first $10 million in capital gains realized on the sale of a business would be exempted under proposed change
Firms are puzzling out how to balance significant overhead costs with advisor support
Experts want a straightforward eligibility criteria and clarity on provincial clawbacks
End of zero-rate era has “profound” implications for fixed-income strategy
Improving competition in Canada's concentrated banking sector is one of the aims
Deal will allow Manulife to expand its credit offering with new strategies
Inflation forcing some clients to withdraw assets to meet needs
CEO John Graham said the CPP offers the benefit of risk pooling and diversification
Firm is the latest to trim staff as economic uncertainty weighs
In Canada, wealth and asset management saw a 14% increase in profitability from a year earlier
Advisors can build intergenerational relationships to retain clients' children
The certification body also proposed a "monitor and review" practice standard
Critics say proposed changes to the Corporate Sustainability Due Diligence Directive would make it unenforceable