Industry

Ottawa clarifies REIT rules

The federal government has proposed changes to the Income Tax Act provisions governing real estate investment trusts, which were exempted from the taxation treatment imposed upon other income trusts. “Our government is committed to providing clarity in the application of the REIT rules,” said Finance Minister Jim Flaherty. “These changes take into account constructive comments […]

By Steven Lamb |December 17, 2010

1 min read

BMO beefs up U.S. presence

BMO Financial Group has announced a massive expansion of its U.S. presence with the $4.1 billion (U.S.) purchase of Milwaukee-based Marshall & Ilsley Corporation, a diversified financial services company.

By Steven Lamb |December 17, 2010

2 min read

Year-End Tax Tips – 2010

As the end of 2010 draws near, it is the perfect time to assess tax strategies and implement those tax-saving opportunities before the New Year arrives. Advisor.ca presents some tools and advice to help you make the best choices for you and your clients.

December 17, 2010

2 min read

Record long-term fund inflows in November

Large balanced and bond fund inflows continue to carry the day for the Canadian mutual fund industry.

By Staff |December 16, 2010

1 min read