Latest news in Industry News

RBC GAM names new global infrastructure head

CPPIB veteran Andrew Hay is taking the new role

By: IE Staff
July 27, 2021 July 27, 2021
16:51

Will the CRA challenge small biz transfers that use Bill C-208?

Tax experts argue that aggressive transfers could be penalized under the general anti-avoidance rule

By: Rudy Mezzetta
July 27, 2021 July 28, 2021
16:44

Robinhood IPO asks customers to play big role as investors

The online brokerage is allowing users to buy one third of the company’s shares before Robinhood begins trading on the Nasdaq

By: Alex Veiga, The Associated Press
July 27, 2021 July 27, 2021
15:50

A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t

RBC Dominion Securities fined $350K for supervisory failings

In a settlement agreement with IIROC, the firm acknowledged it failed to adequately monitor suspicious account transfers

By: IE Staff
July 27, 2021 July 27, 2021
13:45

Investment fund charges should be included in fee summaries: report

A report for the MFDA uses behavioural insights to recommend expanded cost reporting

By: Mark Burgess
July 26, 2021 July 26, 2021
15:48

First-ever G-Corp lists on NEO Exchange

Canaccord Genuity G Ventures Corp. will focus on acquisitions in the mid-cap space

By: IE Staff
July 26, 2021 July 26, 2021
11:59

Business partnership meeting. Picture businessmans handshake. Successful businessmen handshaking after good deal. Horizontal, blurred (Business partnership meeting. Picture businessmans handshake. Successful businessmen handshaking after good deal. Ho

Richardson Wealth adds to tax and estate planning team

The firm announced three new hires in its Western offices

By: IE Staff
July 26, 2021 July 26, 2021
11:03

Yellen outlines to Congress emergency measures on debt limit

The measures would seek to avoid an unprecedented default on U.S. national debt

By: Martin Crutsinger, The Associated Press
July 23, 2021 July 23, 2021
14:53

TD issuing $1.75B in LRCNs

The notes will bear interest of 3.6% annually for the first five years

By: IE Staff
July 23, 2021 July 23, 2021
10:39

School exam student's taking educational admission test in class, thinking hard, writing answer in university classroom, education and world literacy day concept (School exam student's taking educational admission test in class, thinking hard, writing

CFP exam pass rate was 67% in May

First-time writers outdid their peers, with a pass rate of 73%

By: IE Staff
July 22, 2021 July 22, 2021
16:49

Man and woman sitting in cafeteria discussing finance for the month. Stressed couple looking at bills sitting in restaurant wearing uniform apron. Cafe staff sitting together looking at expenses and bills. (Man and woman sitting in cafeteria discussi

Small business group launches petition to maintain government financial supports

Only 35% of businesses are back to normal sales levels, the CFIB says

By: IE staff, with files from Canadian Press
July 22, 2021 July 22, 2021
11:16

Advisor guilty of tax fraud sentenced to three years in jail

The CRA successfully appealed a conditional sentence imposed in 2019

By: IE Staff
July 21, 2021 July 21, 2021
14:22

Great West U.S. subsidiary buying Prudential’s retirement biz

The $4.45-billion transaction is expected to close in the first quarter of 2022

By: Tara Deschamps, The Canadian Press, The Canadian Press
July 21, 2021 July 21, 2021
12:00

Conquest Planning raises $7.5M to accelerate growth

Power Corp. affiliate Portage Ventures is among the startup's investors

By: IE Staff
July 21, 2021 July 21, 2021
10:46

Disability advocates say budget proposals alone won’t solve DTC access problems

While the new measures are welcome, experts say there are still problems with how the disability tax credit is administered

By: Rudy Mezzetta
July 20, 2021 August 16, 2021
17:12

Coinsquare shakes up executive team

The crypto-trading platform has tapped industry veteran Martin Piszel as its new CEO

By: James Langton
July 20, 2021 July 20, 2021
14:33

Finance confirms family business tax changes are law

Officials told MPs that any amendments to Bill C-208 would not be retroactive

By: The Canadian Press
July 20, 2021 July 20, 2021
12:22

Fidelity announces changes to Far East fund

New PM’s strategy is expected to result in a potentially meaningful capital gains distribution

By: IE Staff
July 20, 2021 July 20, 2021
11:47

Robinhood sees valuation of up to US$35 billion as public company

The online brokerage behind this year's meme stock phenomenon will list on the Nasdaq

By: The Associated Press
July 19, 2021 July 19, 2021
12:13

MPs on finance committee to discuss timing for changes to small business tax rules

Critics say the government is defying Parliament by not enacting the new rules

By: The Canadian Press
July 16, 2021 July 16, 2021
16:57

Singh demands ongoing tax on ultra-wealthy Canadians

An NDP proposal from last year calls for an annual tax of 1% on families with fortunes over $20 million

By: Christopher Reynolds, The Canadian Press, The Canadian Press
July 16, 2021 July 16, 2021
11:04

Planning for hybrid work in wealth management

Firms consider their post-pandemic plans

By: Michelle Schriver
July 15, 2021 May 9, 2023
16:51

Royal Bank of Canada names Indigenous leader Roberta Jamieson to its board

Jamieson, the first Indigenous woman to earn a law degree, is also a member of the Deloitte Canada board

By: The Canadian Press
July 14, 2021 July 14, 2021
14:35

ECB starts sketching digital euro

The two-year project aims to address design and distribution challenges for a European CBDC

By: James Langton
July 14, 2021 July 14, 2021
14:02

Powell says inflation, though elevated, will likely moderate

The Fed chair signalled no imminent change to ultra-low interest rates

By: Christopher Rugaber, The Associated Press
July 14, 2021 July 14, 2021
13:09