Employee ownership trusts introduced, but with no incentives
Advocate suggests EOT legislation, as proposed in the 2023 federal budget, will not lead to increased employee ownership
- By: Melissa Shin
- March 29, 2023 March 29, 2023
- 13:55
Advocate suggests EOT legislation, as proposed in the 2023 federal budget, will not lead to increased employee ownership
Regime to protect investors must also work for industry, regulator says
Government aims to improve transparency at federally regulated financial institutions
FCAC charged with selecting single, external complaints body
Exchange proposes new client ID requirements
In another measure aimed at vulnerable Canadians, the CRA will pilot automatic tax filing in 2024
The credits are for investments in clean electricity, clean-tech manufacturing and hydrogen
Proposed changes look to tighten financial oversight
The proposal follows the surtax and recovery dividend introduced in last year's budget
Budget 2023 proposes changes to framework of intergenerational business transfers
Tax measures are aimed at wealthier individuals and corporations
Tuesday's budget also proposes extending a measure that was set to expire this year
Budget 2023 also proposed changes to allow divorced or separated parents to open joint RESPs
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