Industry News

Industry

TD says racial equity audit to be finished by Oct. 31

The bank is the farthest along in this process among the Big Six

By Melissa Shin |July 17, 2023

2 min read

Industry

CRA removes guidance flagged by Taxpayers’ Ombudsperson

Agency had been directing taxpayers to contact a CRA official before speaking with their tax advisor

By Rudy Mezzetta |July 14, 2023

2 min read

Industry

No post-secondary diploma? QAFP certification still possible

Candidates with five years' financial planning–related experience can qualify, FP Canada says

By Michelle Schriver |July 13, 2023

2 min read

Industry

Manitoba consults on title protection

The province is asking for feedback and comparing other provinces' regulations

By Michelle Schriver |July 13, 2023

1 min read

Industry

Supreme Court won’t examine sharing of Canadian bank account info with U.S.

The case began when two U.S.-born women living in Canada contested the legislation

By The Canadian Press |July 13, 2023

1 min read

Industry

SEC adopts reforms to money market funds

New rules increase minimum liquidity requirements and prohibit "gates"

By Mark Burgess |July 12, 2023

2 min read

Industry

Laurentian Bank launches strategic review that could lead to sale

The bank said it's committed to its 2023 strategy and fiscal priorities while the review takes place

By Staff |July 11, 2023

1 min read

Industry

OSFI proposes changes to capital requirements with eye on mortgage risks

Regulator says proposals should encourage banks to reduce the number of mortgages that would go into negative amortization

By Mark Burgess |July 11, 2023

1 min read

Industry

BofA hit with $250 million in fines and customer refunds for “double-dipping” fees, fake accounts

BofA has been cutting down on its reliance on overdraft fee revenue

By The Associated Press |July 11, 2023

3 min read

Industry

Ottawa extends consultation period for RBC–HSBC deal after technical difficulties

Finance extended the consultation period by 15 days to July 21

By The Canadian Press |July 11, 2023

1 min read

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