Tax changes approvedbefore Christmas cut the corporate income tax rate to 21% effective Monday, from 35%
The reforms are likely to boost the earnings of life insurers, but could negatively impact their capital positions
Global regulators are focused on changing behaviours and non-financial sanctions are on the rise
Unique transaction identifiers would be introduced no later than the end of 2020
The decision by the IRS is a “significant win” for Canadian dealers, IIAC says
The rebranding reflects the company's strategic positioning as a pan-Canadian insurer
The asset management firm paid $32 million in cash and shares to close the transaction
The S&P/TSX composite index gained about 6% on the year
Price of oil cruises past US$60 mark
The federal agency announced the review in March
The high level of Canadian household debt has been cited by the Bank of Canada for years as one of its top concerns
The extraordinarily rapid rise in the price of the cryptocurrency has led many financial experts to call it a speculative bubble that’s waiting to burst
The agency is forecasting a 0.1% increase for November
The economy grew 3.8% in the April–June quarter
The S&P/TSX composite index climbed 244.33 points to 32,000.10
The increase is part of an effort to beef up anti-money laundering measures
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
The pension fund's 50% share of the initial capital commitment is roughly $1.8 billion
Woodgate Financial Inc., Assante Financial Management Ltd., are among Focal's customers
Plus, a new TD partnership, and Toronto fintech becomes dark pool partner
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
Mutual fund, ETF AUM rose for the seventh consecutive month
Plus, other product launches and news, including more ESG fund terminations
More than 300 new products landed in 2025 — a new record