The details behind the $780-million deal
ETF providers have been trying to get on advisors’ radars with free offerings like portfolio tools and analysis. WisdomTree, the New York-based ETF provider that launched in Canada last year, is now trying to one-up its competitors with tailored consulting services to help advisors grow their businesses and even migrate to fee-based practices. Kurt MacAlpine, […]
Increase could be a turnaround
Index-tracking ETFs are exploding. Here's how they work
Lobbying on the Ontario government’s pledge to reform financial planning titles is expected to continue through the fall as a government working group reviews the options. The Finance Department says it is working closely with the OSC, the Financial Services Commission of Ontario, MFDA, IIROC and the Registered Insurance Brokers of Ontario to review a […]
Ottawa’s changes to the private corporation and small business tax rules have made the new regime so complex that it’s almost unworkable, tax experts said at a conference panel Monday. Speaking at the Society of Trust and Estate Practitioners’ annual conference in Toronto, panelists said rules around associated corporations, arm’s-length individuals and various carveouts make […]
The absolute numbers are relatively small, however.
The portfolio advisor for a new medical cannabis mutual fund says he expects Canadian marijuana stocks to climb back up as federal branding and distribution rules are hashed out. Charles Taerk, chief executive of Faircourt Asset Management in Toronto, says investors’ expectations were lowered after the Trudeau government introduced bills to legalize recreational marijuana, dropping […]
How much should tax brackets matter?