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
Latest news in Industry News
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
U.S. employers are hiring briskly even in face of rate hikes
Restaurants, hotels, hospitals add jobs amid four consecutive 75-bps rate hikes
- By: Christopher Rugaber, The Associated Press
- November 4, 2022 November 4, 2022
- 10:53
Feds extend anti-flipping tax to assignment sales
The 12-month holding period would reset after the taxpayer took ownership of property
- By: Rudy Mezzetta
- November 3, 2022 November 3, 2022
- 17:41
Fiscal update confirms feds’ plans to proceed with various tax and estate proposals
The update did not provide details on measures set to take effect soon
- By: Melissa Shin, The Canadian Press
- November 3, 2022 January 17, 2023
- 17:25
Freeland presents modest mini budget, forecasts first surplus on the horizon
The Liberals are proposing a 2% tax on corporate stock buybacks
- By: The Canadian Press, IE Staff
- November 3, 2022 November 3, 2022
- 16:10
Great-West Lifeco profit down 21% in latest quarter
Results reflect impacts of Hurricane Ian, market volatility
- By: IE Staff
- November 3, 2022 November 3, 2022
- 15:44
Sun Life net income in Q3 down 54% from last year
Insurance sales in Canada were up 28%
- By: IE staff, with files from Canadian Press
- November 3, 2022 November 3, 2022
- 14:50
Canaccord Genuity’s net income plummets in latest quarter
Overall revenue was also down year over year, but North American wealth management revenue was up slightly
- By: IE Staff
- November 3, 2022 November 3, 2022
- 12:29
BoE makes biggest interest rate hike in 30 years
The aggressive move comes even as the Bank of England predicted a two-year economic contraction
- By: Danica Kirka, The Associated Press
- November 3, 2022 November 3, 2022
- 10:15
Fed unleashes another big rate hike but hints at a pullback
Short-term rate, at 3.75% to 4%, at 15-year high
- By: Christopher Rugaber, The Associated Press
- November 2, 2022 November 2, 2022
- 14:11