Feds to overhaul alternative minimum tax in bid to target top earners
The proposed changes take aim at deductions, credits and other tax strategies
- By: Mark Burgess
- March 28, 2023 March 28, 2023
- 16:09
Top Stories in News
From the Regulators
The next hurdle in climate reporting: oversight
IOSCO calls for work to develop assurance standards for sustainability reporting
- By: James Langton
- March 28, 2023 March 28, 2023
- 15:08
Swiss bank rescue to reshape landscape
Sector's competition, regulation and risk will all be transformed, Fitch says
- By: James Langton
- March 28, 2023 March 28, 2023
- 14:58
Banking system bends, doesn’t break
Systemic stress looks contained, but interest rate outlook has shifted, TD says
- By: James Langton
- March 28, 2023 March 28, 2023
- 14:40
Industry News
Fed official: Bank rules under review in wake of SVB failure
Barr anticipates higher capital, liquidity standards needed for American banks with more than $100B
- By: Christopher Rugaber, The Associated Press
- March 28, 2023 March 28, 2023
- 14:24
BMO Private Wealth takes on Kevin Barnes in newly created role
Barnes' move from TD Wealth's private wealth division is detailed, among other industry news
- By: Katie Keir
- March 28, 2023 March 28, 2023
- 12:43
Industry News
Canada heading into “mild recession” as tight monetary policy squeezes growth: Report
Deloitte predicts half-point real GDP drop in 2023
- By: The Canadian Press
- March 28, 2023 March 28, 2023
- 12:05
Bankman-Fried charged with paying $40M bribe to China
Allegations arose from freezing of certain Alameda Research crypto accounts
- By: Larry Neumeister, The Associated Press
- March 28, 2023 March 28, 2023
- 11:56
CRA waives penalties for late-filing the underused housing tax return
Affected owners have until Oct. 31 to file or pay before incurring interest and penalties
- By: Melissa Shin
- March 28, 2023 March 28, 2023
- 09:44
Industry News
Fed says SVB itself was main cause of bank’s failure
Official nonetheless pledged that the Federal Reserve and other agencies would take whatever steps deemed necessary to protect the banking system
- By: Christopher Rugaber, The Associated Press
- March 27, 2023 March 27, 2023
- 17:19
From the Regulators
SEC secures asset freeze against accused Canadians
B.C. court grants injunction against defendants in global pump and dump scheme
- By: James Langton
- March 27, 2023 March 27, 2023
- 17:10
Oil prices climb, Canadian equities fall as talks to end Middle East war stall
Meanwhile, the U.S. stock market held relatively steady near its records
- By: Ritika Dubey, The Canadian Press
- April 29, 2026 April 29, 2026
- 17:22
Industry innovates, but financial health suffers
Paper calls for guardrails against negative side effects of digital innovation
- By: James Langton
- April 29, 2026 April 29, 2026
- 16:09
Structured finance outlooks dim as economy wobbles
Asset performance to weaken as growth slows and inflation, rates face pressure
- By: James Langton
- April 29, 2026 April 29, 2026
- 15:50
Crypto money launderer gets prison in U.S.
Shell companies, crypto exchange processed US$470 million in drug money
- By: James Langton
- April 29, 2026 April 29, 2026
- 15:55
CFTC asserts oversight of prediction markets
In series of legal filings, regulator claims exclusive jurisdiction
- By: James Langton
- April 29, 2026 April 29, 2026
- 09:29
FCA launches ESG ratings pilot
Project designed to avoid creating needless burden with new regime
- By: James Langton
- April 28, 2026 April 28, 2026
- 12:39
Powell plans to stay on at Fed after his term as chair ends
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
- By: Christopher Rugaber, The Associated Press
- April 29, 2026 April 29, 2026
- 14:24
Corient plans expansion into Canada
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
- By: IE Staff
- April 29, 2026 April 29, 2026
- 13:50
Foreign direct investment in Canada up 6.9% in 2025
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
- By: Jonathan Got
- April 29, 2026 April 29, 2026
- 12:46
Fed chair Powell may reveal next steps Wednesday
Powell has signalled he could stay on Fed board after term as chair ends May 15
- By: Christopher Rugaber, The Associated Press
- April 28, 2026 April 28, 2026
- 10:21
Kevin Gopaul to head up VanEck’s expansion into Canada
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
- By: Alisha Hiyate
- April 24, 2026 April 24, 2026
- 17:30
Industry moves: Former BMO private wealth head Geoff Newton joins RBC Wealth Management
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
- By: Alisha Hiyate
- April 24, 2026 April 24, 2026
- 16:05
Product roundup: First Trust launches energy ETF
Plus, a new gold bullion mutual fund and a slew of product lineup changes
- By: Noushin Ziafati
- April 24, 2026 April 24, 2026
- 17:15
Opinion: Insurers need to call the same riders by the same names
Clarity for clients makes it easier to shop across carriers
- By: Jonathan Got
- April 22, 2026 April 22, 2026
- 12:59
‘Market weakness’ causes mutual fund, ETF asset declines in March: SIMA
At the same time, both fund types recorded positive net sales
- By: Noushin Ziafati
- April 21, 2026 April 21, 2026
- 15:52