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Forlorn businessman

Business insolvencies spike in Q1, consumer insolvencies also rise

It's the largest year-over-year increase in business insolvencies in 37 years, association says

Pension saving

Canadians’ outlook on retirement is declining, report finds

Having a financial plan and consulting an advisor, however, can help

Piggybank With Eyeglasses And Calculator On Wooden Table, TFSA, RRSP

CRA to charge 9% interest on overdue tax in Q3

Prescribed rate to dip as inflation eases

Downtown Vancouver, BC with bridge over harbour

Underused housing tax to generate $694 million: PBO report

PBO said the costs to administer the UHT could "significantly reduce" revenue generated

Wood homes under construction

Feds to propose funding for CRA real estate audits in 2024 budget 

Ottawa said it is targeting tax fraud in the housing sector

vintage microphones

Industry moves this week

A mix of retirements and firm expansions, alongside RBC's termination notice

  • By: Katie Keir
  • April 10, 2024 April 9, 2024
  • 07:01
Manitoba Legislative Building in Winnipeg, Manitoba, Canada

Manitoba to claw back basic personal amount above $200K

Province also extends gas tax cut by three months, doubles the fertility tax credit and changes property taxes

Quebec flag billowing in the breeze

Defer your pension to age 72? Quebecers now have the option

Quebec retirees can receive up to 59% more in QPP under recent changes

announcement

Industry moves this week

A new CFO for Sun Life Financial, plus a newly created growth-focused role within ScotiaMcLeod

  • By: Katie Keir
  • March 25, 2024 March 25, 2024
  • 15:25
Horn speaker for public relations sign symbol, vintage color - sun with blue sky

Industry moves this week

Alongside BMO Private Wealth's leadership shift were several other veteran and advisor announcements

  • By: Katie Keir
  • February 23, 2024 February 23, 2024
  • 11:41
work from home

$5.2 billion in home office expenses claimed last tax season

CRA has indicated that employees who worked from home in 2023 by choice can claim employment expenses 

Computer with 2024

Insurance advisors need ample coaching and tools

MGAs and carriers are revamping their support programs in response

  • By: Katie Keir
  • February 12, 2024 February 9, 2024
  • 00:10
a woman entering a door of unknown mystery

Industry moves this week

Alongside Macoun's pending exit from Canada Life were changes at Wellington-Altus, Broadridge Financial and more

  • By: Katie Keir
  • January 18, 2024 January 18, 2024
  • 15:19