Feds extend anti-flipping tax to assignment sales
The 12-month holding period would reset after the taxpayer took ownership of property
- By: Rudy Mezzetta
- November 3, 2022 November 3, 2022
- 17:41
Top Stories in Uncategorized
CWB merges legacy firms under new brand
Combined platform gives clients "a more cohesive, strengthened wealth offering"
- By: Rudy Mezzetta
- October 26, 2022 October 26, 2022
- 13:09
Get ready for rougher waters: First Trust economist
Recession fears are top of mind as the Fed continues to hike rates
- By: Maddie Johnson
- October 18, 2022 October 18, 2022
- 14:01
Canadian economy sees modest employment gain in September, jobless rate falls to 5.2%
Gains in school jobs offset by losses in manufacturing, recreation
- By: Nojoud Al Mallees, Canadian Press
- October 7, 2022 October 7, 2022
- 10:51
HSBC considering potential sale of Canadian business
It is the seventh largest bank in Canada and operates more than 130 branches across the country
- By: IE staff, with files from Canadian Press
- October 4, 2022 October 4, 2022
- 12:54
From the Regulators
SRO may adopt new regulatory oversight model
The new organization is looking at joint oversight that rotates among CSA jurisdictions
- By: Greg Meckbach
- October 3, 2022 October 3, 2022
- 15:05
Withdrawal strategy can help retirees reduce tax hit
Helping clients establish a "hierarchy of withdrawals"
- By: Rudy Mezzetta
- October 3, 2022 October 3, 2022
- 12:34
U.K. inflation dips slightly in August to 9.9%
Fuel costs up 32% year over year
- By: Danica Kirka, The Associated Press
- September 14, 2022 September 14, 2022
- 11:26
Industry News
TD Bank prepares for economic downturn as profit falls in Q3
The bank set aside $351 million in the quarter for potential loan losses
- By: Ian Bickis, The Canadian Press, IE Staff
- August 25, 2022 August 25, 2022
- 13:44
RBC reports Q3 profit down from year ago as it prepares for potential recession ahead
Wealth management operations earned $777 million in Q3, up year-over-year from $744 million
- By: Ian Bickis, The Canadian Press
- August 24, 2022 August 24, 2022
- 10:54
Industry News
CI posts decline in revenue in volatile Q2
Total assets down 7.6% from previous quarter, but up 12.2% year over year
- By: Rudy Mezzetta
- August 11, 2022 August 11, 2022
- 15:32
Research and Markets
Mutual fund, ETF sales turned negative in June: IFIC
Mutual funds saw $3.5 billion in net redemptions for the first half of 2022, but ETFs are still positive
- By: James Langton
- July 26, 2022 July 26, 2022
- 13:46
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