Luxury vehicle tax to bring in less than $800M over five years: PBO
Parliamentary Budget Officer estimates the tax will reduce vehicle sales by a much greater amount, however
- May 27, 2022 May 27, 2022
- 14:11
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Tax News
OSC reaches mixed verdict in complex insider trading case
Allegations involved trading ahead of a planned acquisition by Amaya Gaming
- May 27, 2022 May 27, 2022
- 17:27
Industry moves this week
Across the industry, there were retirement announcements and an advisor move
- May 27, 2022 May 27, 2022
- 12:44
National Bank reports Q2 profit up from year ago, raises dividend
The bank's wealth management arm earned $169 million in the quarter, up 3% from a year ago
- By: Staff, with files from The Canadian Press
- May 27, 2022 May 27, 2022
- 15:27
Federal deficit nearly $96 billion for 2021-22
The 2021-22 deficit was $95.6 billion, down from $314 billion in 2020-21
- By: The Canadian Press
- May 27, 2022 May 27, 2022
- 16:15
Circuit breakers helped volatile markets chill
Research published by the World Federation of Exchanges finds stressed markets in March 2020 were calmed by trading halts
- By: James Langton
- May 27, 2022 May 27, 2022
- 15:20
FCA aims to boost listings
Regulator launches new consultation on reforms to enhance public markets
- By: James Langton
- May 27, 2022 May 27, 2022
- 15:13
Worker shortage hit record level in March: StatsCan
As services sector reopens, employers face tight labour markets
- By: James Langton
- May 26, 2022 May 26, 2022
- 17:34
Commission-free trading driving satisfaction for DIY investors: J.D. Power
More than one-third of millennial DIY investors surveyed in Canada have invested in cryptocurrencies
- By: Staff
- May 26, 2022 May 26, 2022
- 14:47
RBC’s McKay says “50/50” chance of recession as it reports revenue dip, earnings up
Net income for the bank's wealth management division increased to $750 million compared with $683 million a year ago
- By: Staff, with files from The Canadian Press
- May 26, 2022 May 26, 2022
- 12:23
FCAC finds big banks make ‘inappropriate’ product recommendations
Mystery shopping exercise finds consumers felt good despite banks’ poor sales practices
- By: James Langton
- May 26, 2022 May 26, 2022
- 15:46
OSC panel dismisses fund rep’s insider trading allegation
Tribunal rejects circumstantial case, concluding trades are suspicious but not clearly offside
- By: James Langton
- May 26, 2022 May 26, 2022
- 14:30
CIBC reports Q2 profit down from year ago, wealth management profit up 20%
CIBC's Canadian commercial banking and wealth management business earned $480 million for the quarter
- By: Advisor staff, with files from Canadian Press
- May 26, 2022 May 26, 2022
- 14:34
Global home price rise slows: BIS
Home prices are up 27% since the financial crisis
- May 26, 2022 May 26, 2022
- 15:02
Retail sales essentially unchanged in March: StatCan
New car sales dropped 5.9% but Canadians spent more on building materials and garden supplies
- By: The Canadian Press
- May 26, 2022 May 26, 2022
- 14:44
OSFI proposes climate risk guidance
The regulator plans to phase in mandatory TCFD disclosure requirements
- By: James Langton
- May 26, 2022 May 26, 2022
- 13:51
New CEO for Manulife Canada
Naveed Irshad will succeed Michael Doughty
- By: Staff
- May 25, 2022 May 25, 2022
- 14:04
Commission-free trading driving satisfaction for DIY investors: J.D. Power
More than one-third of millennial DIY investors surveyed in Canada have invested in cryptocurrencies
Success with succession more likely with team approach
A financial advisory team in Oakville, Ont. has found that both clients and the bottom line can benefit when advisors work in tandem
- By: Melissa Shin
- May 11, 2022 May 11, 2022
- 10:50
Truth in labelling comes for Ontario advisors
As the province adjusts to titles regulation, we look at Quebec’s experience
- By: Melissa Shin
- May 9, 2022 May 11, 2022
- 10:00
Investor’s inheritance, ESG concerns prompt her to switch advisors
Help this client factor in ESG investing and plan for the future
- By: Suzanne Yar Khan
- May 9, 2022 May 18, 2022
- 10:00
