Canada’s Financial Industry Newspaper | Investment Executive
WEBBy: IE Staff. Investment Executive has the latest news and analysis on investment products, industry news and securities regulation for financial advisors.
Get ready for CPP2! - Investment Executive
WEBNov 22, 2023 · Since 2019, the CPP contribution rate has gradually increased every year, to 5.95% in 2023 from 4.95% in 2018 (before the enhancement), for a total increase of one percentage point for both employees and employers. If you’re self-employed, you pay both the employee and employer portions, for a 2023 contribution rate of 11.9%.
More employees will be asking companies for home office …
WEBJan 12, 2024 · More employees are going to need T2200s this year, said Edward Rajaratnam, a tax partner at EY Canada in Toronto, during a Jan. 10 webinar presented by the firm on the topic of home office expenses.
CI closes deal for majority stake in Aligned Capital
WEBOct 20, 2020 · CI Financial Corp. announced on Tuesday that it has completed the acquisition of a majority interest in Aligned Capital Partners Inc., a full-service investment advisory firm based in Burlington, Ont., with over 200 financial advisors administering approximately $10 billion in assets.. The Aligned deal, which was first announced on Aug. 5, closed on Monday and increases CI’s total assets to ...
Desjardins to acquire Worldsource wealth and insurance …
WEBNov 30, 2022 · IDC, WFM and WSI serve more than 5,000 independent advisors in the Canadian insurance and financial advice markets. “This acquisition strengthens Desjardins in the important life insurance and wealth management sectors across Canada,” said Desjardins Group president and CEO Guy Cormier in the release.
About Us - Investment Executive
WEBInvestment Executive (IE) is Canada’s national newspaper for financial professionals. Launched in 1989, IE is published up to 10 times a year with one special supplement. Its circulation comprises more than 31,000 financial advisors, industry executives and portfolio managers. No other financial media has the depth of IE.
Bare trusts exempted from 2024 filing requirement
WEBAug 14, 2024 · Both the $250,000 exemption and the $50,000 exemption would take effect for trusts with year-ends of Dec. 31, 2024, and later. If passed, the new $250,000 exemption will apply to many common bare trust situations, such as when an adult child is named joint owner of a parent’s bank account to help the parent manage their finances, said Ameer ...
Alberta fraudster gets four years in jail - Investment Executive
WEBAugust 16, 2024. 13:59. iStock. A convicted securities fraudster who fled to the U.S. has been sentenced to four years in prison in Alberta. In July 2020, Ronald James Aitkens was convicted of one count of fraud and of making misleading statements in an offering memorandum in connection with a distribution of real estate securities.
PwC plans payouts to Bridging investors in 2024
WEBJanuary 22, 2024. 15:33. iStockphoto. Investors who were harmed in the collapse of alternative fund manager Bridging Finance Inc. are a step closer to getting some money back, but almost $300 million in disputed creditor claims must first be resolved. According to new filings in the firm’s receivership proceeding, Bridging’s court-appointed ...
Canadians charged in US$100-million scam | Investment Executive
WEBApr 14, 2022 · Several Canadians have been charged by U.S. authorities in connection with an alleged US$100-million global pump-and-dump scheme. The U.S. attorney’s office for the Southern District of New York announced charges against 10 people, including several Canadians, who allegedly operated a long-running series of market manipulation schemes targeting retail investors, involving numerous companies ...