Jamie Golombek, managing director of tax and estate planning at CIBC Private Wealth Management, discusses the implications of Ottawa’s budget proposal to move the age of eligibility for Old Age Security to 67 from to 65. Also starting in 2013, Canadians will be able to defer taking OAS until later. He spoke in Ottawa.
Investment team will be lead by fixed income specialist Mike MacBain
Network for high net worth investors continues to see strong interest in Canada
Investors warned against dealing with unregistered Forex firms
25% of firms will see a decrease and 37% will see an increase in fees under the new dealer regulation model
Closed-end fund offers exposure to BMO Capital Markets 50 Preferred Share Index
Wealth manager takes hit on performance fees amid weak precious metals prices
Michael Chodorowski charged for allegedly defrauding investors of more than $2 million