Industry News

Briefly:

(September 24, 2004) The MFDA has been forced to appoint a new chair after Investors Group’s Terrence Wright resigned. The new chair, Robert Wright, is deputy chair of Teck Cominco, as well as a securities lawyer and former chair of the Ontario Securities Commission. He has served on the MFDA board since its inception in […]

By Staff |September 20, 2004

9 min read

Change tax structure, urges C.D. Howe boss

(September 20, 2004) Our tax structure badly needs revamping, and removal of the tax on investment income would be a good start, according to the president of the C.D. Howe Institute. Jack Mintz made the assertion Monday in a speech to the Economic Club of Toronto, while unveiling a “Tax Competitiveness Centre” on the institute’s […]

By Glenn Wilkins |September 20, 2004

3 min read

Spousal loan tax break to shrink

(September 20, 2004) Clients looking to split their income with a spouse should act quickly and get their loan in place quickly, according to tax experts. That’s because the cost of such a loan is set to rise October 1. Spousal investment loans are a method of income splitting between spouses (or equivalent) in different […]

By Steven Lamb |September 20, 2004

2 min read

Golombek offers tips for a

They are averse to risks involved in beating 6.00%. They will lose group life and health benefits tied to the pension. They may lose ad hoc inflation adjustments that aren’t reflected in the commuted value. The client is in a plan with a big surplus, since they are now entitled to a portion of this […]

By Steven Lamb |September 17, 2004

5 min read