Revised AMT, intergenerational business transfer rules now law
Budget implementation bills C-59 and C-69 received royal assent late Thursday
- By: Rudy Mezzetta
- June 21, 2024 June 21, 2024
- 14:30
Budget implementation bills C-59 and C-69 received royal assent late Thursday
Acquisition to add over $1 billion to Guardian’s AUM
Transaction is valued at $53 million and follows an April announcement from Desjardins
The overall trend in spending points to softness, however
Fidelity to target retiring advisors and transition books of business to in-house force
Despite initial cut, monetary policy remains restrictive, and economy faces other headwinds
Unregistered exchange traded more than £1 billion in crypto, authorities allege
Younger, female, low-literacy investors are particularly vulnerable to digital tactics, study shows
Regulators adopt temporary measure to expand capital raising options
Justices left in place provision of 2017 tax law expected to generate $340 billion, mainly from foreign subsidiaries of domestic corporations
Weekly unemployment claims — a proxy for layoffs — remain at low levels by historical standards
The central bank kept its rate steady even though inflation has fallen to its 2% target
The next time MPs take their seats will be Sept. 16
Meanwhile, the U.S. stock market held relatively steady near its records
Paper calls for guardrails against negative side effects of digital innovation
Asset performance to weaken as growth slows and inflation, rates face pressure
Shell companies, crypto exchange processed US$470 million in drug money
In series of legal filings, regulator claims exclusive jurisdiction
Project designed to avoid creating needless burden with new regime
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
Powell has signalled he could stay on Fed board after term as chair ends May 15
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
Plus, a new gold bullion mutual fund and a slew of product lineup changes
Clarity for clients makes it easier to shop across carriers
At the same time, both fund types recorded positive net sales