BoC surveys show businesses, consumers gearing up for slowdown as economy softens
Businesses and consumers still expect inflation to remain above 2% until at least 2025
- By: Nojoud Al Mallees, Canadian Press
- April 3, 2023 April 3, 2023
- 14:05
Latest news in Industry News
Questrade launches FHSA
Other firms are rushing to set up back-office systems and internal procedures for the account
- By: Mark Burgess
- April 3, 2023 April 3, 2023
- 13:47
Legal changes would require explanation for questionable wealth in B.C.
Civil forfeiture office could look for assets in names of trustees, partnerships family members
- By: The Canadian Press
- March 31, 2023 March 31, 2023
- 13:05
Europe’s inflation eases to 6.9% as energy falls but food up
Despite the drop in Spain and the Netherlands, core eurozone inflation remains sticky
- By: Kelvin Chan, Associated Press
- March 31, 2023 March 31, 2023
- 12:21
A key inflation gauge tracked by the Fed slowed in February
U.S. CPI up 6% year over year
- By: Paul Wiseman, The Associated Press
- March 31, 2023 March 31, 2023
- 12:12
Economy grew 0.5% in January, Statistics Canada reports
BMO increases GDP growth estimate for 2023
- By: The Canadian Press
- March 31, 2023 March 31, 2023
- 11:58
Why clients may have to wait for FHSAs
Firms are scrambling to set up back-office systems and internal procedures for the complex accounts
- By: Rudy Mezzetta
- March 30, 2023 March 31, 2023
- 16:47
Biden calls to revive U.S. bank regulations
Potential changes include greater capital requirements and more aggressive regulatory supervision
- By: Josh Boak, Fatima Hussein, The Associated Press
- March 30, 2023 March 30, 2023
- 14:42
FTX founder likely challenging new crypto charges, lawyer says
Earlier this week, a rewritten indictment charged Bankman-Fried with a new conspiracy count
- By: Larry Neumeister, The Associated Press, The Associated Press
- March 30, 2023 March 30, 2023
- 14:25
ESG reporting expectations on suppliers growing: BDC
Big companies are under pressure from investors to detail environmental, social and governance factors
- By: The Canadian Press
- March 30, 2023 March 30, 2023
- 14:04
U.S. revises down last quarter’s economic growth to 2.6% rate
The downgrade was slight, but consumer spending was down sharply
- By: Paul Wiseman, The Associated Press
- March 30, 2023 March 30, 2023
- 11:53
CRA announces increase in prescribed rate for Q2 2023
Rate to rise for the fourth consecutive quarter
- By: Rudy Mezzetta
- March 29, 2023 March 29, 2023
- 15:16
Employee ownership trusts introduced, but with no incentives
Advocate suggests EOT legislation, as proposed in the 2023 federal budget, will not lead to increased employee ownership
- By: Melissa Shin
- March 29, 2023 March 29, 2023
- 13:55
Liberals go after predatory lending
In another measure aimed at vulnerable Canadians, the CRA will pilot automatic tax filing in 2024
- By: IE staff, with files from Canadian Press
- March 28, 2023 March 28, 2023
- 17:59
Feds outline $83B in clean economy tax credits in bid to compete with U.S. incentive
The credits are for investments in clean electricity, clean-tech manufacturing and hydrogen
- By: The Canadian Press
- March 28, 2023 March 28, 2023
- 17:46
Government moving to increase oversight of bank, pension exposure to crypto
Proposed changes look to tighten financial oversight
- By: Mark Burgess
- March 28, 2023 March 28, 2023
- 17:00
Government proposes changes to financial institutions’ dividend deduction
The proposal follows the surtax and recovery dividend introduced in last year's budget
- By: Mark Burgess
- March 28, 2023 March 28, 2023
- 16:54
Budget 2023 shuts down loopholes left in Bill C-208
Budget 2023 proposes changes to framework of intergenerational business transfers
- By: Rudy Mezzetta
- March 28, 2023 March 28, 2023
- 16:46
Federal budget 2023 includes $59.5B in new spending, looks to increase revenue
Tax measures are aimed at wealthier individuals and corporations
- By: Nojoud Al Mallees, Canadian Press
- March 28, 2023 March 28, 2023
- 16:37
Government proposes including siblings in definition of ‘qualifying family member’ for RDSPs
Tuesday's budget also proposes extending a measure that was set to expire this year
- By: Rudy Mezzetta
- March 28, 2023 March 28, 2023
- 16:34
Feds boost limit on allowable EAP withdrawals from RESPs
Budget 2023 also proposed changes to allow divorced or separated parents to open joint RESPs
- By: Rudy Mezzetta
- March 28, 2023 March 28, 2023
- 16:11
Feds to overhaul alternative minimum tax in bid to target top earners
The proposed changes take aim at deductions, credits and other tax strategies
- By: Mark Burgess
- March 28, 2023 March 28, 2023
- 16:09
Fed official: Bank rules under review in wake of SVB failure
Barr anticipates higher capital, liquidity standards needed for American banks with more than $100B
- By: Christopher Rugaber, The Associated Press
- March 28, 2023 March 28, 2023
- 14:24
Canada heading into “mild recession” as tight monetary policy squeezes growth: Report
Deloitte predicts half-point real GDP drop in 2023
- By: The Canadian Press
- March 28, 2023 March 28, 2023
- 12:05
Bankman-Fried charged with paying $40M bribe to China
Allegations arose from freezing of certain Alameda Research crypto accounts
- By: Larry Neumeister, The Associated Press
- March 28, 2023 March 28, 2023
- 11:56