Industry

Don’t let a vacation property dream become a tax nightmare

What to think about before clients buy in a foreign market

By Curtis Davis |January 18, 2018

5 min read

Desjardins reduces management fees on 32 funds

Desjardins Investments (DI) has reduced management fees by up to 25 basis points for a majority of unit classes for 32 funds, effective Jan. 18. Affected funds are in the tables below. DI will also merge the Desjardins Canadian Equity Growth Fund with Desjardins Canadian Equity Fund around March 23, the company said in a […]

By Staff |January 17, 2018

2 min read

Updated: Banks hike prime lending rates to 3.45%

Note: This post was updated on Jan. 17, 2018, to include Scotiabank. BMO, CIBC, RBC, Scotiabank, TD and Desjardins today increased their prime lending rates by 25 basis points to 3.45% from 3.20%, effective January 18, 2018. The increased rate will affect the cost of variable-rate lending, including variable-rate mortgages. The hike comes after the […]

By Staff |January 17, 2018

1 min read

MFDA to advisors: We’re watching your recommendations

SRO reveals 2018 compliance priorities

By Staff |January 17, 2018

2 min read