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Focus on Mutual Funds Special Report

Higher capital gains inclusion rate and mutual funds

Mutual fund corporations can pass gains to unitholders

chart showing downward movement
From the Regulators

Fund costs fell after CRM2

CSA research details the evolution of fund costs in the face of transparency reforms

Bank of Canada note
Industry News

BoC officials split on when to start cutting rates, summary shows

Some members thought bank should take its time; others were concerned about keeping interest rates high for too long

Pro bono advice
From the Regulators

Advisors face new U.S. fiduciary requirements

Labor Department finalizes fiduciary rule for retirement advice

Aging
Research and Markets

More than 1 in 4 aging Americans don’t expect to retire: AARP

Nearly three-quarters are concerned about prices rising faster than incomes

gavel

Tribunal asked to pause OSC’s Bridging case

Lawyers for firm's founder seek adjournment amid unpaid legal bills

Desjardins complex
Industry News

Desjardins sells its shares in Fiera

Desjardins says the transaction "does not call into question our business relationship with Fiera"

Pretty young woman refuel the car
Research and Markets

Statistics Canada reports dip in retail sales

February result weighed down by slumping fuel sales

Piggybank With Eyeglasses And Calculator On Wooden Table, TFSA, RRSP
Industry News

CRA to charge 9% interest on overdue tax in Q3

Prescribed rate to dip as inflation eases

Bitcoin cryptocurrency with a pile of coins and smartphone, Vector illustrator
Research and Markets

Interest in cryptoassets increasing among firms and institutional investors: survey

Half of financial services respondents said they offered cryptoasset services in 2023, up from 41% in 2021

  • By: IE Staff
  • April 24, 2024 April 24, 2024
  • 10:43
Research and Markets

Financial planning projections generally brighter in 2024

Canadian equities are projected to return 6.4% over the next decade, up slightly from last year

U.S. flag and voting stickers
Research and Markets

U.S. election outcome looms large for Canada

Risk of a trade war, inflation, higher interest rates accompanies U.S. vote

CRA releases FHSA return for taxes owing

FHSA holders may trigger tax when they overcontribute or hold non-qualified investments

Feds to give CRA new powers to compel data from taxpayers

The agency could extend reassessment period if a taxpayer is issued a notice of non-compliance

Renovating on a budget

Inflation, higher interest rates add to the financial challenges

Industry moves this week

A mix of retirements and board appointments

  • By: Katie Keir
  • April 26, 2024 April 26, 2024
  • 14:41

Industry moves this week

Notable news comes from banking, and a new leader joins Sterling Mutuals

  • By: Katie Keir
  • April 15, 2024 April 15, 2024
  • 13:17

Sam Albanese, industry pioneer, dies at 76

Friends, colleagues remember him as an innovator who was dedicated to his field

Emerge ETFs class action won’t proceed

Fund manager has no assets or insurance, lawyer says

TFSAs, RRSPs and more could see changes in allowed investments

Qualified investments review could lead to lower costs for investors but also restrictions

OSC still overseeing Emerge Canada as receivable remains unpaid

The regulator's investigation into Emerge Canada is ongoing

Toronto police bust fake investment scheme

Perpetrators posing as representatives of Schroders, an asset manager

Precious metals scammers sanctioned

Elderly investors duped into converting retirement savings into overpriced coins

CIRO proposes new fee model

Fees to rise for most firms as minimums go up, certain dealers pay higher share

Sustainable fund flows rebound in Q1: Morningstar

Canadian fund flows perk up, while U.S. sees record outflows

Fed’s preferred inflation gauge shows price pressures stayed elevated last month

Many economists envision no rate cuts before September

U.S. growth slowed sharply last quarter to 1.6% pace

Higher interest rates are weighing on the economy