Do the math before using credit card loyalty points toward mortgages
At RBC, one-quarter of customers use points for mortgage, credit card payments
- By: Tara Deschamps, The Canadian Press, The Canadian Press
- June 29, 2023 June 29, 2023
- 13:06
Latest news in Industry News
Feds release draft changes to pension rules for “unlocatable” members
Draft rules are intended to help administrators match beneficiaries with unclaimed pension benefits
- By: Rudy Mezzetta
- June 27, 2023 June 27, 2023
- 17:12
Brookfield makes takeover offer for American Equity Investment Life Holding
Both companies said there was no guarantee that an agreement will be reached
- By: The Canadian Press
- June 27, 2023 June 27, 2023
- 14:42
Canada Disability Benefit Act receives royal assent
Benefit is meant to support working-age Canadians with disabilities, but details still to be determined
- By: Rudy Mezzetta
- June 26, 2023 June 26, 2023
- 16:32
Expanded rules for mandatory tax disclosures are now law
Financial advisors may need to report more things to the Canada Revenue Agency
- By: Michael McKiernan
- June 23, 2023 June 30, 2023
- 10:14
Tax reforms needed to Canada’s retirement regime: C.D. Howe Institute
Study argues for providing Canadians more retirement savings room, allowing OAS/CPP deferral after 70
- By: Rudy Mezzetta
- June 22, 2023 June 22, 2023
- 16:17
Canadian investors maintain optimism despite knowledge gaps: Survey
Many consumers don't understand current market risks
- By: Maddie Johnson
- June 22, 2023 June 22, 2023
- 14:52
Investment managers skeptical of rally in mid-year outlooks
A long-awaited slowdown may finally weigh on company earnings
- By: Mark Burgess
- June 22, 2023 June 22, 2023
- 13:00
Government benefits helped lower income households afford rising cost of living: PBO
Households had greater purchasing power in Q4 2022 than before the pandemic
- By: Nojoud Al Mallees, Canadian Press
- June 22, 2023 June 22, 2023
- 12:44
Finance tables report reconsidering RRIF minimum withdrawal rates
Study examines whether assumptions that underlie RRIF withdrawal factors are still appropriate
- By: Rudy Mezzetta
- June 22, 2023 June 22, 2023
- 10:27
U.K. recession fears mount after Bank of England hikes borrowing rates by more than expected
With inflation at 8.7%, monetary policy committee raised interest rate to 5%
- By: Pan Pylas, The Associated Press
- June 22, 2023 June 22, 2023
- 09:17
CRA says trustees must report on contingent beneficiaries too
Agency requires names, addresses and taxpayer information numbers under expanded trust reporting rules
- By: Rudy Mezzetta
- June 22, 2023 June 22, 2023
- 09:06
CPA groups in Quebec, Ontario sever ties with national organization
Provincial groups and the national body are at odds over how best to represent CPAs across the country
- By: The Canadian Press
- June 21, 2023 June 21, 2023
- 12:28
‘The best returns are just around the corner’: First Trust economist
A recession will probably arrive before the end of the year, but there could be advantages to staying invested
- By: Melissa Shin
- June 20, 2023 June 20, 2023
- 11:48
What Canada’s modern slavery law means for board disclosure
Ottawa is trying to prevent forced labour in supply chains through further transparency, an RIA conference speaker said
- By: Greg Meckbach
- June 20, 2023 June 14, 2023
- 06:00
Canaccord CEO says recruitment, morale not damaged by failed takeover bid
The firm will look for ways to improve employee ownership in the business, Dan Daviau said
- By: Mark Burgess
- June 19, 2023 June 19, 2023
- 12:59
New Brunswick passes title protection legislation
Like Ontario and Saskatchewan, the province will restrict use of "financial planner" and "financial advisor"
- By: IE Staff
- June 19, 2023 June 19, 2023
- 11:38
Liberals reject key Senate amendment to disability benefit bill
Senate opponents say they will support Bill C-22 even without the amendment
- By: Rudy Mezzetta
- June 16, 2023 June 16, 2023
- 15:19
Food inflation may be easing but prices won’t return to pre-pandemic levels, RBC says
Food prices have risen 18% over two years and prices will stay elevated due to shrinking herd sizes, wage growth and other factors
- By: The Canadian Press
- June 16, 2023 June 16, 2023
- 13:24
Sam Bankman Fried could face 2 criminal trials, with prosecution on some charges delayed until 2024
Newer charges need approval from Bahamian authorities before proceeding in U.S.
- By: Larry Neumeister, The Associated Press
- June 16, 2023 June 16, 2023
- 10:17
5 strategies to transition the family business
A report from the Family Entreprise Foundation offers ideas to prepare the next generation
- By: IE Staff
- June 15, 2023 June 15, 2023
- 17:02
ECB hikes rates again and vows more after Fed hits pause
The quarter-point boost is the European Central Bank's eighth straight increase in interest rates
- By: David Mchugh, The Associated Press
- June 15, 2023 June 15, 2023
- 11:05
CRA launches new digital form for DTC applications
Fully digital disability tax credit application form is intended to simplify and speed application process
- By: Rudy Mezzetta
- June 14, 2023 June 14, 2023
- 16:57
TSXV considering faster, cheaper junior market
Venture exchange plans series of initiatives to enhance appeal of public listing
- By: James Langton
- June 14, 2023 June 14, 2023
- 13:11
Canaccord take-private bid over as management offer expires
Proposed deal ends with standstill agreement and executive changes
- By: Mark Burgess
- June 14, 2023 June 14, 2023
- 12:44