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
Latest news in Industry News
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
Canada Life acquires Value Partners Group
Deal adds investment counsel portfolio managers to Canada Life
- By: Greg Meckbach
- June 13, 2023 June 13, 2023
- 16:00
ISS takes on anti-ESG critics
Proxy advice grounded in market input and client demand, firm says
- By: James Langton
- June 13, 2023 June 13, 2023
- 14:01
Ontario Teachers’ to move real estate division in-house
John Sullivan will retire from Cadillac Fairview in November
- By: Mark Burgess
- June 12, 2023 June 12, 2023
- 14:14
How is an FHSA taxed at death?
It’s not too early to consider the estate implications if someone dies while holding an FHSA
- By: Rudy Mezzetta
- June 9, 2023 June 9, 2023
- 16:11
Rate hike prompted by higher risk of sticky inflation: BoC’s Beaudry
Stronger growth, tight labour market, and rise in inflation clinched the decision to raise key interest rate
- By: The Canadian Press
- June 8, 2023 June 8, 2023
- 15:44
How to improve responsible investing conversations with clients
There’s more to ESG discussions than asking investors what they want to avoid
- By: Greg Meckbach
- June 8, 2023 June 8, 2023
- 14:44
Europe’s economy shrank. For households that are hurting, it’s just numbers
The eurozone had a technical recession, with output dropping in Q4 2022 and Q1 2023
- By: David Mchugh, The Associated Press, Courtney Bonnell, The Associated Press
- June 8, 2023 June 8, 2023
- 11:35
Feds consult on fighting money laundering and terrorist financing
Government also seeks comment on creation of new financial crimes agency
- By: Rudy Mezzetta
- June 7, 2023 June 7, 2023
- 12:52