Appointed last year after a complex, three-way merger, Servus CEO Garth Warner is guiding Alberta’s largest credit union into the future
Scotiabank has upped the ante with its acquisition of DundeeWealth but aims to keep the two sales forces separate
Canada’s big banks are supportive of the new regulations, but their concern is that the right balance won’t be achieved
The CRA is stepping up audits of large-business sector
TFSAs are not always as simple as they look, and it is wise to review the rules regarding which heirs are entitled to continue holding the assets tax-free — and which are not
Canada’s third-largest bank reorganizes into four core businesses
Estate tax issue could cause quite a few headaches
U.S. citizens or holders of green cards living in Canada might be tempted to open a tax-free savings account. But opening a TFSA might result in more trouble than it’s worth. While the U.S. recognizes the tax-deferred status of RRSPs, it does not do likewise for TFSAs.“The RRSP is treaty-protected, so owning one just becomes […]
Canada has tax treaties that reduce the pain of withheld taxes on foreign holdings, but taking advantage of them can be complex
Canada’s big banks are widely expected to be able to comply easily with the proposed global capital regulations