Budget 2017 proposes to replace the three existing caregiver credits with a single, new, non-refundable Canada caregiver credit to make the system less complex
Doctors, accountants, lawyers and others will now be required to include the value of work in progress when filing their income taxes
The federal budget proposes new rules to ensure that Canadian life insurers are paying the appropriate taxes in Canada and not shifting their income to…
Debbie Pearl-Weinberg, executive director, Tax & Estate Planning, CIBC Wealth Strategies Group, explains changes to tax and investment strategies allowed in RESPs and RDSPs. Weinberg…
The budget includes plans to spend $9.2 billion over the next five years on health care, indigenous peoples, veterans, safety and security and international measures
Recent policy changes from federal, provincial and municipal governments remain “wild cards”
The budget comes at a time when Ottawa has very little room to introduce new spending
Further consolidation could alter current industry dynamics
If Canada is staying in deficit mode, how big will the shortfalls be?
Wall Street sees red across main indices
Prospective policies put at risk the progress made in recent decades to liberalize trade and foster economic integration
The credit ratings agency will provide its insurer ratings on MSA’s analytical platform and reports
The increase stands in contrast to the corporate bond sector
The data follows recent stronger-than-expected results for wholesale and manufacturing sales, trade and job creation
U.S. indices remain flat
The provincial budget is to be tabled Wednesday
A new report suggests that uncertainty about political developments in Europe could trigger abrupt swings in financial asset prices this year
Credit rating agencies including Moody’s Investor Service and DBRS Ltd. say they are reviewing the province’s ratings
Although rising U.S. interest rates are making up part of the lost revenue, cutting costs “rarely lead to increased market share,” report finds
Despite a new review, many changes will remain as insurers have “invested meaningful resources” in preparation, Fitch report suggests
The federal budget is expected to include several measures aimed at improving the performance of the so-called innovation economy
Ottawa is expected to introduce a framework that likely includes higher capital requirements and rules for converting liabilities into common equity
The U.S. resurgence has had negative effects in Canada
New York markets close mixed
New accounting rules will result in “modest” impact to banks’ common equity tier 1 ratios, with only 13% expecting a drop of more than 50%