The tax proposals for passive investments risk delivering a blow to the retirement planning of many small-business owners
CIBC tax experts Jamie Golombek and Debbie Pearl-Weinberg highlight some major actions that certain clients could consider taking in the near term
Finance Canada’s proposals could have a big impact
Retirement-focused clients who have an advisor are more optimistic about reaching their financial goals
The bank’s international banking unit continues to perform strongly as it accounted for almost a third of overall net income in Q3
This is the fourth issuance of the Dec. 1, 2064 bonds since 2014
Advisors could reap significant rewards from helping young Canadians build up their financial knowledge
STEP Canada, Advocis, CALU, CLHIA and others suggest the proposals are problematic and could have harmful consequences
Any move would be subject to favourable market conditions, the government says
Finance Canada is reviewing various facets of the rules governing the financial services sector, including sales practices at the Big Six banks