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Week of August 28, 2021
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Industry News
Liberals promise new tax-sheltered account for downpayment savings
The First Home Savings Account would allow Canadians under 40 to save $40,000 toward a home purchase
August 24, 2021

From the Regulators
Groups call for KYC to go beyond minimum standards
IIROC's guidance on CFR requirements should include more information on risk, dependants and ESG, submissions say
August 23, 2021

Industry News
Liberals target banks, insurers with tax hike on profits over $1 billion
Big financial institutions would also have to pay a pandemic recovery dividend
August 25, 2021

Industry News
CIBC chief Victor Dodig defends banking sector after Trudeau tax proposal
The bank's year-over-year income rose nearly 50% in Q3
August 26, 2021

Products
Low rates push fixed-income investors toward new instruments
As rate-reset preferreds are called, LRCNs are taking their place
August 20, 2021

People
Gilchrist to step down at ScotiaMcLeod
Todd Barnes will become head of the bank-owned brokerage, while Gilchrist moves to another role in the bank
August 24, 2021

Industry News
Liberals pledge to raise GIS
August 27, 2021

Industry News
Richardson Wealth to adopt Fidelity Clearing's advisor tech platform
August 26, 2021

Appointment Notices
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