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 ...
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.
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.
Industry moves last week | Investment Executive
Jan 3, 2025 · Each week, we summarize notable moves across the financial industry. National Bank has announced changes to its senior leadership team, effective Mar. 1.
Industry moves this week | Investment Executive
Dec 5, 2024 · Each week, we summarize notable moves across the financial industry. Michelle Myers has been named global chief auditor, effective Dec. 9, with TD Bank Group, marking her entry to the senior executive team. Myers succeeds Anita O’Dell, senior vice-president and global chief auditor and interim U.S. chief auditor, as O’Dell plans to retire at the end of May 2025.
Bridging investors may finally see some money
Nov 28, 2024 · Retail investors who held units of funds operated by failed alternative investment fund manager, Bridging Finance Inc., are in line to share $473 million in a distribution being proposed by the firm’s receiver, PricewaterhouseCoopers Inc. (PwC).
Bridging investors’ recovery ruling delayed to 2025
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 …
Shadow bank growth outpaces traditional sector: FSB
Dec 16, 2024 · The shadow banking sector grew at more than twice the pace of the traditional banking sector in 2023, pushing the assets exposed to financial stability risks to new record heights, according to new data from the Financial Stability Board (FSB). The global policy group issued a report detailing the ...
Advisors' Report Card 2024 | Investment Executive
Nov 15, 2024 · Advisors’ Report Card 2024 main chart. How advisors across the financial advice industry rated their channels, based on average firm results. November 15, 2024 November 15, 2024; 09:36
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 ...