The popular notion that RRSPs are only tax-deferred while TFSAs are tax-free is rooted in misconception, says Jamie Golombek, managing director of tax and estate planning at CIBC.
The TMX-LSE merger is coming under the microscope as the Ontario Securities Commission (OSC) prepares to scrutinize various policy issues associated with the transaction. The OSC intensified the push for its ambitious policy agenda in market regulation since the announcement of the TMX-LSE transaction on February 9, said Howard Wetston, chair and CEO of OSC, […]
The developed world seems to be in an inflationary boom, with neither the U.S. Federal Reserve nor the European Central Bank (ECB) apparently willing to tighten monetary policy. “My sense is that the markets are behaving as if we’re in an inflationary boom,” said Jurrien Timmer, director of investment research at Fidelity Canada, in a […]
Macquarie Emerging Markets Infrastructure Income Fund has completed its initial public offering.
Lobbying effort against the proposed national watchdog gets stronger as four provinces are now officially joining Québec and Alberta in opposing the federal government's plan.
A heavy tax burden is a grave concern of surviving families as many Canadian family businesses owners take an approach to tax planning that is ‘too little, too late’, according to the Canadian results of PwC’s latest Global Family Business Survey. The study noted that the majority of Canadian family business owners are not fully […]
Many Canadians wish they had started saving and investing earlier for retirement. After all, that’s one way to be a millionaire (read: Time is on the side of young investors). Yet again the looming RRSP deadline has triggered a bout of soul-searching as Canadians take stock of their financial footing. Going by the findings of […]
Becoming a millionaire might be more achievable than young Canadians realize, according to a TD Canada survey. Just a fist full of dollars a month, provided the saving starts early. The TD Canada Trust Millionaire’s survey, which polled 689 randomly selected Canadian adults aged 18-34, reveals young Canadians, despite having the power of compounding on […]
Technology deals soared to US$119 billion in 2010, as the push for smart technology drove global M&A deal value and set the stage for a robust 2011, according to a recent report by Ernst & Young. “Last year’s deals reflect the demand for smart everything,” says Karen Atkinson, partner and national technology industry leader with […]
Senior investment executives from around the world are moving their bets to small Asian economies, having cashed some of their chips in traditional emerging markets, according to RBC Capital Markets Survey.