Canada’s Financial Industry Newspaper | Investment Executive
Investment Executive has the latest news and analysis on investment products, industry news and securities regulation for financial advisors.
In the advice industry, it’s all about technology
Dec 10, 2024 · I recently had the privilege of participating in a webinar hosted by Katie Keir of Investment Executive (IE), speaking alongside Matthew Latimer of the Federation of Independent Dealers.. IE has been doing a version of its Report Card series research since May 1993 — over 30 years!While the players have changed, the objectives have stayed the same: to analyze advisor sentiment and industry ...
Total TFSA contribution room to rise above $100K in 2025
Oct 15, 2024 · However, the TFSA dollar limit for 2025 can be calculated using the consumer price index (CPI) published by Statistics Canada on Tuesday, which came in at 1.6% for September 2024.. The federal indexation factor for the coming year is calculated as the average of the monthly CPI for the 12-month period ended Sept. 30 of this year divided by the average CPI for the 12-month period ended Sept. 30 ...
Fraud victim gets some restitution | Investment Executive
Dec 9, 2024 · Toronto police say that they returned $225,000 to the victim of a crypto investment scheme, who was allegedly defrauded of $355,000. “In the fall of 2021, Nigerian law enforcement officials confirmed that the victim was defrauded in a cryptocurrency investment scheme, losing an estimated $355,000,” Toronto police said.
U.S. will enter a recession in 2025: BCA Research
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.
Fall economic statement released after Freeland resignation delay
Dec 16, 2024 · The benefit, which will distribute up to $200 a month to eligible beneficiaries beginning in July, was announced in Budget 2024 and expected to cost $6.1 billion over six years beginning in the 2024-25 fiscal year.. Automatic tax filing, tax evasion crackdown funding for CRA. The Liberal government will work on legislation to allow the Canada Revenue Agency (CRA) to automatically file a tax ...
Global market outlook roundup | Investment Executive
Dec 11, 2024 · BlackRock’s report presented three investing themes: capital markets (including private markets) are funding this transformation; we can’t assume that the traditional rules of investing will continue to apply during this period of dramatic change; and the potential of AI will continue to play an outsized role in equity valuations.
U.S. brokerage failed to guard against reps’ theft
Dec 10, 2024 · “Morgan Stanley … did not have any policy or procedure that screened the ACH payment instructions [it] received from the originating financial institution for the name of the beneficiary of the ACH payments, which allowed Rodriguez, McKelvey and Chang to initiate ACH payments to pay their own credit card bills or otherwise improperly transfer funds for their own benefit,” the SEC alleged.
ETF outlook for 2025 and beyond | Investment Executive
Dec 10, 2024 · This article was co-written with Luke Kahnert. It’s been a pleasure to contribute ETF columns every quarter for the past five years. So much has changed since I first began using ETFs in my discretionary portfolios over 10 years ago, and in my writing, I have had the chance to consider the ETF space from many different angles, from portfolio construction to index methodologies, thematic ...
Research finds paying whistleblowers works | Investment Executive
Dec 11, 2024 · Among other things, the research finds that the “key impacts” of these kinds of whistleblower reward programs in Canada and the U.S. are that they increase the “actionable information provided to law enforcement;” have a deterrent effect; improve compliance; and facilitate access to specialized legal counsel for prospective whistleblowers.