Energy prices fuel inflation pressures
Oil prices drop
Bank earnings season continues
The Investment Funds Branch of the Ontario Securities Commission has published the second issue of its newsletter for the fund industry, the Investment Funds Practitioner.The Practitioner is an overview of recent issues that have arisen in connection with applications for discretionary relief, prospectuses and continuous disclosure documents filed by investment funds with the OSC. It’s […]
Regulators let their funds invest in certain private placements
A majority of members of the Public Service Alliance of Canada have voted in favour of accepting a tentative agreement with the Canada Revenue Agency. PSAC represents 26,000 workers at the CRA. The new agreement, which will expire Oct. 31, 2010, will be signed Dec. 3.“We achieved a goal the union set when the Agency […]
Toronto and New York stock prices ended a solid week on an upbeat note, with the U.S. market looking for rate cuts and Canadians getting a boost from bank and metals shares.The S&P/TSX composite index closed up 25.23 points at 13,689.12, while the Dow Jones industrial average added 60 points to close at 13,371.72.Over the […]
The federal Department of Finance has established an advisory panel to consider ways to improve the fairness and competitiveness of Canada’s system of international taxation.The panel’s objectives are to: improve the fairness, economic efficiency and competitiveness of Canada’s system of international taxation; minimize compliance costs for business and facilitate administration and enforcement by the Canada […]
The Canadian Institute of Chartered Accountants today said 2,327 students successfully completed in 2007 the chartered accountant profession’s uniform evaluation, one of the most challenging professional examinations in the world.“We are delighted to welcome this newest group of future leaders to the most valued, internationally recognized accounting body in Canada,” said CICA president and CEO […]
The European Central Bank announced that it will be taking added measures to ensure banking system liquidity over the holidays.The ECB’s governing council decided, by means of a teleconference, to lengthen the maturity of the main refinancing operation settling on Dec. 19 to two weeks. The new maturity date will be Jan. 4, 2008, instead […]