Proposed U.S. excise tax on money transfers could hit some cross-border clients
President Donald Trump's so-called big, beautiful bill could also affect clients' U.S.-source income
- By: Michelle Schriver
- May 29, 2025 May 30, 2025
- 17:52
President Donald Trump's so-called big, beautiful bill could also affect clients' U.S.-source income
Privacy commission upholds decision to protect tipster's identity
The U.S. administration is expected to seek a stay of the decision, which would keep the levies in place pending an appeal
Monthly payrolls shrink, total labour demand contracts
Series of alleged violations included failing to report suspicious activity
Foreign investors reduced exposure to Canadian securities by a record $9.4 billion in Q1
Canadian commercial banking and wealth management segment posted a net income of $549M
Revenue rose to $15.7 billion as profit and loan loss provisions increased
Officials call for urgent provincial action to address crisis and climate risks
U.S. labour market remains strong with steady job growth and low unemployment
Imports surge ahead of Trump tariffs, dragging GDP into first decline in three years
The government says it will appeal the order, which blocks tariffs imposed using the International Economic Emergency Powers Act
OSC sought receiver citing "serious concerns" about possible violations
Precious metals action calms, while Dow Jones tops 50K
Report calls for action on data gaps, surveillance, leverage
Trade deficit remains unchanged amid shifting tariff policy, Fitch reports
Trust account used in fraud, misappropriation, Law Society finds
Policy failed to cover hedge fund investment that turned out to be a fraud
Firm allegedly touted stocks on social media, while selling its holdings
The honours will be presented Feb. 12, at the association's Embrace the Challenge event
Start with flexibility, tax efficiency, simplicity
Brokers, MGAs, software providers and TPAs set to evolve
Plus, moves at Our Family Office, Harvest ETFs, Manulife Wealth, Canada Life and more
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, National Bank changes diversified equity fund
Net monthly ETF inflows reach $22B in January: report
Plus, other firms launch new products, tweak their fund lineups