Canadians underuse TFSA’s growth potential
Canadians’ unused TFSA contribution room exceeded the market value of their plans at almost all income levels
- By: Rudy Mezzetta
- July 20, 2023 July 20, 2023
- 16:36
Latest news in Industry News
Budget watchdog reviewing underused housing tax again
U.S. critics continue to push for relief for Americans who own seasonal properties in Canada
- By: The Canadian Press
- July 20, 2023 July 20, 2023
- 13:55
U.S. jobless claims continue to fall
Since the pandemic hit, U.S. employers have added jobs at a blistering pace
- By: Matt Ott, The Associated Press
- July 20, 2023 July 20, 2023
- 10:32
OSFI defers liquidity guidance for high-interest savings ETFs
The banking regulator will confirm any changes to liquidity requirements in October
- By: IE Staff
- July 19, 2023 July 19, 2023
- 17:25
Working with a financial planner boosts household resilience: study
Research commissioned by FP Canada and IQPF measured Canadians' ability to get through financial hardships
- By: IE Staff
- July 19, 2023 July 19, 2023
- 14:16
TD Bank Group says Schwab stake expected to add $182M in profit for Q3
The bank's financial results will be released Aug. 24
- By: The Canadian Press, IE Staff
- July 19, 2023 July 19, 2023
- 12:04
Thousands of B.C. families will see an increase in government family benefit plan
The boost is part of the province's $4.5 billion in family supports
- By: The Canadian Press
- July 18, 2023 July 18, 2023
- 15:21
Inflation relief felt largely at the gas pump
Food and housing costs continue to rise
- By: Amanda Stephenson, Canadian Press
- July 18, 2023 July 18, 2023
- 15:05
AI could make financial planning more accessible, suggest some in the sector
The focus is on serving younger, less knowledgeable clients
- By: Pascale Malenfant, The Canadian Press
- July 18, 2023 July 18, 2023
- 13:02
Canada’s inflation rate tumbles to 2.8% in June
But Canadians continue to pay substantially higher prices for groceries
- By: Nojoud Al Mallees, Canadian Press
- July 18, 2023 July 18, 2023
- 12:25
What does the Nasdaq 100 rebalancing mean for investors?
Index funds will be forced to adjust their weightings, but actively managed funds may not have to make as many changes
- By: Melissa Shin
- July 17, 2023 July 17, 2023
- 14:34
TD says racial equity audit to be finished by Oct. 31
The bank is the farthest along in this process among the Big Six
- By: Melissa Shin
- July 17, 2023 July 17, 2023
- 10:57
Emerge ETFs rebound as cease-trade order and firm wind-down continue
Volatility is to be expected in thematic tech funds, says Morningstar expert
- By: Melissa Shin
- July 14, 2023 November 8, 2023
- 12:35
CRA removes guidance flagged by Taxpayers’ Ombudsperson
Agency had been directing taxpayers to contact a CRA official before speaking with their tax advisor
- By: Rudy Mezzetta
- July 14, 2023 July 18, 2023
- 12:30
Founder of failed crypto lending platform Celsius Network arrested on fraud charges
The man was charged with securities, commodities and wire fraud
- By: The Associated Press
- July 13, 2023 July 13, 2023
- 15:58
No post-secondary diploma? QAFP certification still possible
Candidates with five years' financial planning–related experience can qualify, FP Canada says
- By: Michelle Schriver
- July 13, 2023 July 13, 2023
- 15:23
Manitoba consults on title protection
The province is asking for feedback and comparing other provinces' regulations
- By: Michelle Schriver
- July 13, 2023 July 13, 2023
- 15:13
CIRO publishes revisions to proposed derivatives conduct rules
Comment period ends Aug. 14
- By: IE Staff
- July 13, 2023 July 13, 2023
- 13:12
Supreme Court won’t examine sharing of Canadian bank account info with U.S.
The case began when two U.S.-born women living in Canada contested the legislation
- By: The Canadian Press
- July 13, 2023 July 13, 2023
- 11:27
Updated GAAR guidance could boost reporting under expanded mandatory disclosure rules
Advisors will need to consider whether to report transactions even if they're not required to
- By: Michael McKiernan
- July 12, 2023 July 12, 2023
- 10:44
Laurentian Bank launches strategic review that could lead to sale
The bank said it's committed to its 2023 strategy and fiscal priorities while the review takes place
- By: IE Staff
- July 11, 2023 July 11, 2023
- 17:49
OSFI proposes changes to capital requirements with eye on mortgage risks
Regulator says proposals should encourage banks to reduce the number of mortgages that would go into negative amortization
- By: Mark Burgess
- July 11, 2023 July 11, 2023
- 16:44
Why clients with large RRSPs and RRIFs might benefit from earlier withdrawals
Strategic withdrawals allow clients to smooth out their income levels over retirement
- By: Rudy Mezzetta
- July 11, 2023 July 17, 2023
- 15:23
As pandemic business loan repayment deadline looms, calls for extending deadline grow
Businesses that pay back their loans by the end of the year are eligible to have up to one-third of their loans forgiven
- By: Nojoud Al Mallees, Canadian Press
- July 11, 2023 July 11, 2023
- 13:48
Ottawa extends consultation period for RBC–HSBC deal after technical difficulties
Finance extended the consultation period by 15 days to July 21
- By: The Canadian Press
- July 11, 2023 July 11, 2023
- 13:32