Canadians receiving an average of $2,053 in tax refunds, CRA says
The agency has processed 29.1 million tax returns so far this year
- By: Rudy Mezzetta
- July 26, 2022 July 26, 2022
- 13:34
Top Stories in Uncategorized
From the Regulators
Ex U.S. congressman among nine charged in insider trading cases
One defendant allegedly learned about Merck’s Pandion acquisition; another allegedly learned about the T-Mobile-Sprint merger
- By: Larry Neumeister, The Associated Press
- July 25, 2022 July 25, 2022
- 15:20
Industry News
Rising bond yields boost pension solvency even as assets drop
The median solvency ratio among DB plans increased to 109% in Q2, Mercer says
- By: IE Staff
- July 4, 2022 July 4, 2022
- 11:18
Industry News
Retail sales essentially unchanged in March: StatCan
New car sales dropped 5.9% but Canadians spent more on building materials and garden supplies
- By: The Canadian Press
- May 26, 2022 May 26, 2022
- 14:44
Ontario proposes new tax credit for seniors
Tories also propose enhancing existing tax credit for low-income earners
- By: Rudy Mezzetta
- April 28, 2022 April 28, 2022
- 16:07
Life insurers ‘surprised and disappointed’ with Budget 2022 provision
A Budget 2022 proposal means life insurers could have to pay tax up front on profit earned on 20-year policies, says CLHIA
- By: Greg Meckbach
- April 11, 2022 April 11, 2022
- 16:41
The Liberals plan to review tax treatment of REITs. Will this help renters?
Targeting REITs and other large owners of residential real estate such as life companies and pension plans might disincentivize investment, one expert says
- By: Rudy Mezzetta
- March 30, 2022 March 31, 2022
- 16:37
Why Canadian income rose during Covid
New StatsCan data shows government transfers to people doubled in 2020 to an average of $16,400
- By: Greg Meckbach
- March 23, 2022 March 23, 2022
- 12:04
Shadow budget report calls on feds to slash spending, incentivize growth
C.D. Howe Institute recommends Ottawa freeze department operating budgets, shift public employees to shared-risk pension plans
- By: Rudy Mezzetta
- March 10, 2022 March 10, 2022
- 16:29
BoC hikes to 0.50%
The widely expected quarter-point increase is the central bank's first interest rate hike since October 2018
- By: Daniel Calabretta
- March 2, 2022 March 2, 2022
- 10:14
Russia Ukraine conflict raises big risks for global economy
Europe receives close to 40% of its natural gas from Russia
- By: Paul Wiseman And David McHugh, The Associated Press
- February 24, 2022 February 24, 2022
- 16:23
Research and Markets
CI acquires California-based RIA with US$5B in assets
CI CEO MacAlpine says pipeline for new deals remains "robust" despite market volatility
- By: Rudy Mezzetta
- February 22, 2022 February 22, 2022
- 12:56
CFR sweep to provide clarity to industry
Regulators will review "a sizable number" of firms, a panellist said at KYP webinar
- By: Michelle Schriver
- February 18, 2022 February 18, 2022
- 11:58