Jamie Golombek, managing director of tax and estate planning with Canadian Imperial Bank of Commerce’s wealth strategies group, discusses proposed Liberal tax changes that may be included in the 2017 Federal Budget.
Assets growing but portfolio companies not on track to avert disaster
At current rates, population would double in 25 years
Mutual fund redemptions climbed while ETF sales slowed, IFIC reported
Brokerage reduces regions to four from six, eliminating nine positions
Services-producing industries gained 0.1% in the month, goods-producing industries contracted 0.3%
Canada remained the last G20 country without conduct standards for OTC derivatives markets
Latest report raises speculation that the Fed will leave interest rates unchanged at its next meeting