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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

Research and Markets

Equifax testing use of rent data for credit scores

Policy could be a double-edged sword for renters, advocates warn

Green globe in forest
From the Regulators

Nature, workforce risks next on ISSB’s agenda

Standards setter defines its policy direction beyond climate disclosures

environment
From the Regulators

FCA escalates greenwashing fight

Regulator seeks to extend regime to portfolio managers

checking stock market data on a mobile device
Research and Markets

Fund sales slip in March, but assets rise: IFIC

ETFs outperform mutual funds in both net sales, asset gains

compliance

Budget softens mandatory tax disclosure regime

While financial advisors are still subject to the rules, the budget change could undermine lawyers' Charter challenge of the regime

Wall street sign in New York with American flags and New York Stock Exchange background.
Research and Markets

Wall Street banks see brighter capital markets

A rebound in investment banking represents a ray of hope for sector

inequality between people
Research and Markets

Wealth gap widens to highest since 2015: TD

Middle- and low-income households saw stagnated income growth or declines

Boardroom talk
Industry News

First Nations on cusp of more self-sustaining project financing

Only a matter of time before equity deals on pipelines are announced, says RBC top exec McKay

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 unitholder calls for greater regulatory oversight

Investor decries lack of communication throughout cease-trade order, and recommends increased due diligence when choosing funds

Emerge ETFs class action won’t proceed

Fund manager has no assets or insurance, lawyer says

Higher capital gains inclusion rate and mutual funds

Mutual fund corporations can pass gains to unitholders

Fraudsters faking identities, duping banks

Toronto police bust alleged synthetic identity ring

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

Majority of aspiring homeowners awaiting rate cuts: BMO poll

Plans are being delayed to 2025 and beyond, the survey says

Fed’s new challenge: Spend-happy consumers

Work-from-home trend, wealthy retirees drive shifts in U.S. consumer patterns

Ratings for global financial sector trend positive: Fitch

Sovereign ratings drive bulk of positive rating action