New taxation formula for ETFs to take effect this year
ETF investors' tax bills for the 2022 tax year could be higher than under the previous formula
- By: Melissa Shin
- November 11, 2022 November 30, 2022
- 13:00
Latest news in Industry News
Embattled crypto exchange FTX files for bankruptcy
Founder Sam Bankman-Fried has resigned as CEO, Binance backed out of acquisition deal
- By: Ken Sweet
- November 11, 2022 November 11, 2022
- 12:46
EU expects recession to hit this year, U.K. GDP drops in Q3
Britain’s GDP dropped 0.6% in September while recession will start in Q4 for most EU nations
- By: David Mchugh and Jill Lawless, The Associated Press
- November 11, 2022 November 11, 2022
- 10:55
Canada Pension Plan Investment Board sees net assets grow by $6 billion
Fund returned 0.2% in the quarter, -4% net return for six months
- By: The Canadian Press
- November 11, 2022 November 11, 2022
- 10:23
U.S. authorities investigate crypto exchange FTX
DoJ, SEC are examining the firm for criminal activity, securities violations
- By: Ken Sweet, Michael Balsamo, The Associated Press
- November 10, 2022 November 10, 2022
- 16:26
New Brunswick’s budget surplus balloons above spring estimate
The province projects an increase of $739 million over the figure forecasted in March
- By: The Canadian Press
- November 10, 2022 November 10, 2022
- 15:45
CI to delist from NYSE as part of planned U.S. wealth IPO
The firm also plans to migrate $14 billion of Aligned Capital assets to its in-house custody platform
- By: Rudy Mezzetta
- November 10, 2022 November 10, 2022
- 15:32
Canada’s low unemployment rate is unsustainable, contributing to inflation: Macklem
Policies to promote an increase in workers would help, the Bank of Canada governor said
- By: The Canadian Press
- November 10, 2022 November 10, 2022
- 14:45
Manulife earnings slip on market performance, hurricane costs
Net inflows in retail wealth management dropped by 87%
- By: IE staff, with files from Canadian Press
- November 10, 2022 November 10, 2022
- 14:20
Brookfield reports Q3 profit down, revenue up
Shareholders approved plan to spin off asset management business
- By: The Canadian Press
- November 10, 2022 November 10, 2022
- 12:10
Cryptocurrencies plunge as Binance scraps deal for rival FTX
Bitcoin down 12%, Ethereum down 13%
- By: Ken Sweet
- November 9, 2022 November 9, 2022
- 16:57
BMO takes $1.1 billion provision on U.S. Ponzi scheme ruling
Bank to appeal US$564M jury award arising from $3.65B scheme
- By: The Canadian Press
- November 9, 2022 November 9, 2022
- 15:37
Tips for two tough conversations with clients
Care needs, living benefits were topics at IFB’s fall summit
- By: Michelle Schriver
- November 9, 2022 November 9, 2022
- 14:46
iA reports lower profit in Q3
Retail fund sales remained positive as customers sought cash-equivalent products
- By: IE Staff
- November 9, 2022 November 9, 2022
- 12:12
Mandatory tax disclosure reprieve likely only temporary
The government is delaying implementation of rules that could affect advisors whose clients use aggressive tax planning
- By: Michael McKiernan
- November 8, 2022 November 8, 2022
- 16:33
Crypto exchange Binance to buy rival FTX in apparent bailout
The deal would make Binance an even more dominant player in the cryptocurrency industry
- By: Ken Sweet
- November 8, 2022 November 8, 2022
- 14:52
Taxing corporate share buybacks unlikely to boost investment in operations: experts
Corporations could choose to reward shareholders through dividends instead
- By: Nojoud Al Mallees, Canadian Press
- November 8, 2022 November 8, 2022
- 14:45
Disability benefit search tool launched by Prosper Canada
The new feature accompanies an existing benefits search tool
- By: IE Staff
- November 8, 2022 November 8, 2022
- 13:10
Nicola Wealth buys Levine Financial Group
Toronto-based firm provides insurance products and services to doctor clients
- By: IE Staff
- November 8, 2022 November 8, 2022
- 11:12
TMX Group signs deal to buy Boston-based Wall Street Horizon
WSH provides information such as earnings dates, dividend dates and options expiration dates
- By: The Canadian Press
- November 7, 2022 November 7, 2022
- 15:22
FHSA, other tax proposals tabled in House of Commons
Bill C-32 delays enhanced reporting requirements for trusts, but would implement a new tax credit, the surtax on banks and insurers, and more
- By: Melissa Shin, Rudy Mezzetta
- November 4, 2022 November 23, 2022
- 17:04
ISS aims to expand TSX board diversity demands
Proxy advisory firm opens consultation on changes to 2023 voting policies
- By: James Langton
- November 4, 2022 November 4, 2022
- 15:17
RF Capital reports Q3 revenue drop on market turmoil
Interest and insurance revenue rose, corporate finance revenue dropped, fee revenue remained flat
- By: Rudy Mezzetta
- November 4, 2022 November 4, 2022
- 14:26
Canadian labour market still strong, though economists warn slowdown still on the way
Wages up 5.6% from last year, a point below inflation; hiring continues in construction, manufacturing, hotels, restaurants
- By: Nojoud Al Mallees, Canadian Press
- November 4, 2022 November 4, 2022
- 11:03
Finance gives reprieve on mandatory disclosure rules
The government will delay implementation of new rules that could affect advisors whose clients use aggressive tax planning
- By: IE Staff
- November 4, 2022 November 4, 2022
- 10:54