Dec 13, 2024 · Regulator issues guidance on broader protections against misinformation. The British Columbia Securities Commission (BCSC) has issued new guidance on its prohibitions against misleading disclosure, which have been expanded and may be tougher than the requirements in place in other provinces.

Nov 4, 2024 · You will be required to complete a quiz to obtain a CE certificate from CIRO Cycle 10 (IIROC) and FP Canada. CE accreditation is powered by CE Corner. If you attended the live webinar, you will receive an e-mail notification from CE Corner when your CE certificate from CIRO Cycle 10 (IIROC) and FP Canada, is ready.

Dec 5, 2024 · However, that methodology is now facing a legal challenge from firms with unresolved claims against the funds’ assets. In a filing, lawyers for one of those firms (with an unresolved $213 million claim) argued that the receiver is seeking “very significant, novel” relief in their motions on the proposed interim distribution — which, if granted, could prevent it …

Nov 22, 2024 · Both the U.S. and Canadian economies will go into recession in 2025, according to Peter Berezin, chief global strategist at BCA Research. Neither will suffer the kind of balance sheet recession that followed the global financial crisis in 2008, but he’s pessimistic about both central banks’ ability to engineer a soft landing.

Nov 11, 2024 · With the change, individuals who have Quebec-registered LIFs will have greater control over the amount of annual retirement income they receive and more tax planning flexibility, said Serge Lessard, assistant vice-president, regional tax, retirement and estate planning services, wealth, with Manulife Investment Management in Montreal.

Dec 17, 2024 · Additionally, Fitch said it believes that there’s a “lack of consensus, and perhaps regulatory fatigue, related to issuing revised liquidity risk and interest rate risk-related standards, with global authorities more likely instead to concentrate on the effective implementation of existing rules and tight supervision.”

Dec 11, 2024 · So, what does this all mean for the global and Canadian economies? Quite a lot. In 2025 central banks are expected to diverge on their rate-cutting measures, with slowing economies such as Canada and the EU lowering policy rates much further than the U.S. to stimulate a rebound in domestic demand and close the output gap.

Dec 16, 2024 · Total U.S. corporate borrowing hit a new record in the third quarter, according to new data from S&P Global Market Intelligence. The rating agency reported that the total debt load for rated non-financial U.S. companies rose by 0.5% in the quarter to US$8.45 trillion.

Dec 13, 2024 · A Texas man has landed in jail for failing to report large gains on his crypto trades to U.S. tax authorities. On Thursday, the U.S. Department of Justice (DoJ) said Frank Richard Ahlgren III of Austin, Texas had been sentenced to two years in prison, one year of supervised release and ordered to pay US$1.1 million in restitution to the U.S. government for filing a false tax return that didn ...

Jan 13, 2025 · The prescribed rate for the first quarter of 2025 is 4%, which is higher than the rate in some pre-2023 quarters. “If you implemented the prescribed-rate loan strategy previously and were able to lock in a lower rate, it is important that the interest on the loan is paid (in cash) by the Jan. 30, 2025 deadline to preserve the benefits of the …