Wellington-Altus focuses on growth with latest capital injection
Firm says $40-million investment from Cynosure will help attract top advisors
- By: Michelle Schriver
- December 7, 2023 December 7, 2023
- 17:22
Latest news in Industry News
Surge in newcomers putting pressure on inflation via housing demand: BoC official
All levels of government must work together to reduce barriers to building more homes, deputy governor said
- By: Nojoud Al Mallees, Canadian Press
- December 7, 2023 December 7, 2023
- 15:44
How to run an airtight practice that protects clients and yourself
Find ways to excel at the basics, panellists suggested at a CFA Society Toronto event
- By: Katie Keir
- December 7, 2023 December 7, 2023
- 14:11
Laurentian Bank says profit fell in Q4
Bank cuts 2% of staff, will revamp its strategic plan
- By: Ian Bickis, The Canadian Press
- December 7, 2023 December 8, 2023
- 13:19
FINTRAC levies $1.3-million penalty against CIBC
The fine is the second announced this week, after RBC was also penalized
- By: Ian Bickis, The Canadian Press
- December 7, 2023 December 7, 2023
- 12:22
What to know about making year-end donations
Clients looking to make a large donation might want to do so before proposed changes to the alternative minimum tax become effective
- By: Rudy Mezzetta
- December 5, 2023 December 5, 2023
- 11:52
Lifetime capital gains exemption to top $1M in 2024
Starting next year, LCGE on sale of small biz shares and farm or fishing property will match
- By: Rudy Mezzetta
- December 1, 2023 December 1, 2023
- 16:12
Banks focus on staff cuts, provisions for bad loans in Q4
The two dominant themes emerge ahead of an uncertain 2024
- By: Ian Bickis, The Canadian Press
- December 1, 2023 December 1, 2023
- 14:49
BMO sees higher cost savings ahead thanks to Bank of the West, cuts to real estate
The bank expects synergies of US$800 million — up 20% from a previous estimate
- By: Ian Bickis, The Canadian Press, IE Staff
- December 1, 2023 December 1, 2023
- 14:28
Fed’s Powell notes inflation is easing but says further progress is needed
Federal Reserve expected to hold interest rates at December meeting
- By: Christopher Rugaber, The Associated Press, The Associated Press
- December 1, 2023 December 1, 2023
- 11:36
National Bank reports Q4 profit up from year ago, raises quarterly dividend
Profit in wealth management was down 20%
- By: The Canadian Press, IE Staff
- December 1, 2023 December 1, 2023
- 11:12
Banks report higher provisions for bad loans, focus on expenses as economy slows
CIBC, RBC, Scotiabank and TD have all cut staff this year
- By: Ian Bickis, The Canadian Press
- November 30, 2023 November 30, 2023
- 16:10
B.C. files application for Canada’s first unexplained wealth order
The notice of civil claim is the start of a series of similar applications, minister says
- By: The Canadian Press
- November 30, 2023 November 30, 2023
- 15:40
FP Canada announces latest QAFP exam results
The October sitting had 57 candidates
- By: IE Staff
- November 30, 2023 November 30, 2023
- 15:10
Royal Bank chief executive McKay defends HSBC deal as bank reports profits up
Deal is good for Canada, CEO says
- By: Ian Bickis, The Canadian Press, IE Staff
- November 30, 2023 November 30, 2023
- 13:12
TD Bank cuts jobs as quarterly results reflect gloomy economic picture
Some cuts have already been made, while remainder will happen next year
- By: Ian Bickis, The Canadian Press, IE Staff
- November 30, 2023 November 30, 2023
- 12:24
Canadians less interested in crypto assets, survey finds
Financial advisors less likely to recommend investing in crypto assets this year compared to last year
- By: Jonathan Got
- November 30, 2023 November 30, 2023
- 10:53
Lawyers exempted from mandatory disclosure regime until Charter challenge decided
New regime requires every advisor involved in a reportable or notifiable transaction to make their own disclosure to the CRA
- By: Michael McKiernan
- November 30, 2023 November 30, 2023
- 09:15
The 4% rule could be true in 2024
High bond yields and weak forecast for equities make conservative portfolios more attractive
- By: Jonathan Got
- November 29, 2023 November 29, 2023
- 14:31
Changes to dividend deduction could impact financial products: report
The Liberals are moving ahead with a measure for financial institutions proposed in the 2023 budget
- By: Mark Burgess
- November 28, 2023 November 28, 2023
- 14:24
Scotiabank profits weighed down by bad loan provisions, layoff charges
Employee numbers were down about 1,500 from the previous quarter, about halfway to the bank's 3% reduction target
- By: Ian Bickis, The Canadian Press
- November 28, 2023 November 28, 2023
- 13:59
A five-step process for building trust
Financial advisors must understand their clients' motivations before shaping their behaviour
- By: Jonathan Got
- November 27, 2023 November 27, 2023
- 12:10
CRA announces prescribed rate for Q1 2024
Agency confirms the interest rate Canadians must pay on overdue tax will rise to 10%
- By: Rudy Mezzetta
- November 24, 2023 April 10, 2025
- 14:55
Ottawa to introduce open banking legislation in 2024
Open banking could be a win for wealth managers
- By: Jonathan Got
- November 24, 2023 November 24, 2023
- 13:02
How to limit bias in investment decisions
Understanding a client’s motivations goes a long way to helping them achieve long-term goals
- By: Jonathan Got
- November 23, 2023 November 23, 2023
- 10:32