Investment Executive

Navigating TFSA contribution limits can be challenging for clients, especially with the 2024 limit now at $7,000 and a cumulative limit of $95,000. A recent case highlights the potential pitfalls of relying solely on the CRA's My Account portal for contribution information. According to Jamie Golombek, it's crucial for advisors to guide clients in accurately tracking their TFSA contributions across multiple accounts to avoid costly overcontribution penalties.

The Bank of Canada lowered its key interest rate for the second time this year to 4.5%. Here’s what the decision means for the Canadian dollar.

The Bank of Canada appeared to be increasingly concerned about the risk of high interest rates slowing the economy and inflation by more than necessary as it delivered a second consecutive rate cut Wednesday.

The Canadian Securities Administrators (CSA) - Autorités canadiennes en valeurs mobilières (ACVM) have a long list of accomplishments from the past year — from policy work to enforcement — and an even longer list to be accomplished in the years ahead.

Mutual funds remained stuck in net redemptions in June, yet ETF net sales surged, powered by a rush into fixed income, according to the The Investment Funds Institute of Canada (IFIC).

As it becomes increasingly clear that climate change and other societal challenges come with potential financial risks, leading investors in Canada and around the world are ramping up their stewardship efforts, says Dustyn Lanz, CEO of OxProx.

As the prospect of potentially historic changes looms, the OBSI - Ombudsman for Banking Services and Investments is looking for a couple of new directors to join its board — one from the industry and one to represent investor interests.

MSCI Inc. on Monday launched 130 private capital indexes aimed at increasing transparency and improving investment decision-making in the global private markets.

Each week, we summarizes notable moves across the financial industry. Here are the latest developments.

Independent review committees may be invisible to many investors, but recent regulatory scrutiny could lead to more eyes on these oversight bodies. All investment funds in Canada must have an IRC, which evaluates any potential conflicts brought to them by a fund manager. We examine what makes a great IRC, how to implement some of the regulators' suggestions and what could come next.