Biden’s budget plan includes 20% minimum tax on households worth $100 million or more
New tax on the ultra wealthy would include ``unrealized gains''
- By: Josh Boak
- March 28, 2022 March 28, 2022
- 13:22
Latest news in Industry News
Canada can hike oil, gas output by 300,000 barrels a day: Federal natural resources minister
The EU imported about 2.3 million barrels of oil per day from Russia in 2021.
- By: Mia Rabson, The Canadian Press
- March 25, 2022 March 25, 2022
- 16:22
Federal deficit was $75.3 billion for first nine months
The federal government brought in $314 billion in revenue but spent $360 billion from April 1, 2021 through January, 2022.
- By: The Canadian Press
- March 25, 2022 March 25, 2022
- 16:10
Near-term inflation higher amid Ukraine war: Kozicki
Two-thirds of CPI components now have inflation of more than 3%, BoC’s deputy governor warns
- By: The Canadian Press
- March 25, 2022 March 25, 2022
- 14:35
SHARE’s voting guidelines now emphasize board diversity, mine safety
The Shareholder Association for Research and Education also advises funds to use Transition Pathways Initiative rating as a criterion for director votes
- By: IE Staff
- March 25, 2022 March 25, 2022
- 13:19
Saskatchewan projects balanced budget by 2026–27
The province's fiscal position is supportive for credit
- By: IE Staff
- March 24, 2022 March 24, 2022
- 14:04
Ontario’s title protection regime gets ministerial approval
The rules come into force on March 28
- By: Michelle Schriver
- March 23, 2022 March 23, 2022
- 15:09
Quebec to pay $500 to residents to offset inflation
The province's economy has posted a "remarkable" recovery from the pandemic, says Finance Minister Eric Girard
- By: The Canadian Press
- March 22, 2022 March 22, 2022
- 16:28
New Brunswick raises basic personal amount, cuts property tax
The Progressive Conservative government tabled its budget on Tuesday
- By: Kevin Bissett
- March 22, 2022 March 22, 2022
- 15:21
CFA Institute announces first 16 signatories to diversity code
Asset managers representing US$2.5 trillion in AUM are among the inaugural organizations signing the code
- By: IE Staff
- March 22, 2022 March 25, 2022
- 15:06
NDP to support Liberals until 2025, citing “fair taxation” as shared priority
The Liberals’ campaign promise to implement a surtax on financial institutions that profited during the pandemic was listed as a priority for both parties
- By: IE staff, with files from Canadian Press
- March 22, 2022 March 22, 2022
- 12:11
Big tech’s move into financial services presents risks, FSB warns
Big tech and fintech companies’ expansion could lead to market dominance, a report says
- By: IE Staff
- March 21, 2022 March 21, 2022
- 13:25
Forstrong buys Shaunessy Investment Counsel
Acquisition is part of a multiyear plan to reach at least $3 billion in AUM, says Forstrong CEO Tyler Mordy
- By: Melissa Shin
- March 21, 2022 March 21, 2022
- 12:53
Russia says it transferred bond payment to avoid default
The country has about $40 billion in foreign currency debt
- By: The Associated Press
- March 17, 2022 March 17, 2022
- 15:46
BoC takes another step in digital currency research, partnering with MIT
Many questions remain about how a CBDC would affect banks and wealth managers
- By: Daniel Calabretta
- March 17, 2022 March 17, 2022
- 12:25
BoE raises rates as Ukraine war boosts inflation
The move follows a December hike and concern about rising consumer prices
- By: Danica Kirka, The Associated Press
- March 17, 2022 March 17, 2022
- 11:42
Fed begins inflation fight with key rate hike, more to come
Chair Powell said the economy remains sturdy enough to carry out a series of rate hikes without causing a downturn
- By: Christopher S. Rugaber
- March 16, 2022 March 16, 2022
- 15:16
Why you should choose your clients wisely
Some advisors take on too many clients outside their core market, warns Cerulli Associates
- By: IE Staff
- March 16, 2022 March 16, 2022
- 13:53
Tracking Liberal tax proposals before the budget drops
Here’s the status of proposals that matter to your clients
- By: Melissa Shin
- March 16, 2022 March 22, 2022
- 12:34
Canadian inflation hit 5.7% in February
Excluding gas, up 32.3%, February inflation would have been 4.7%
- By: The Canadian Press
- March 16, 2022 March 16, 2022
- 10:22
CRA announces prescribed rate for Q2 2022
Despite inflation, the prescribed rate on loans to family members remains set at 1%
- By: IE Staff
- March 15, 2022 March 15, 2022
- 12:40
Ontario Teachers’ Pension Plan earned 11.1% return in 2021
Private equity holdings rose 29% last year
- By: The Canadian Press
- March 14, 2022 March 14, 2022
- 12:28
Feds release draft legislation on luxury vehicle tax for consultation
Tax on pricey planes, boats and automobiles would be effective Sept. 1
- By: IE Staff
- March 11, 2022 March 11, 2022
- 16:21
Household debt to income ratio hits record high
Credit market debt was 186.2% of household disposable income in Q4 2021, StatsCan reports
- By: The Canadian Press
- March 11, 2022 March 11, 2022
- 12:41
Unemployment rate falls to 5.5%, below pre-pandemic level
February gains were notable in sectors hardest hit by the pandemic such as food services and accommodation
- By: IE staff, with files from Canadian Press
- March 11, 2022 March 11, 2022
- 11:02