The Association of Canadian Pension Management is hoping to see a series of pension consultations announced by the Ontario government when it shares the details of its 2016 Budget on Thursday. In its fall statement, Building Ontario Up, announced on Nov. 26, the provincial government said it would focus on a series of initiatives to […]
Financial industry groups may not have a chance to speak before Parliament on spending and securities issues before the federal budget is released. The new government is considering skipping the traditional Parliamentary consultations held in the run-up to the budget, reports The Globe and Mail. The Globe cites an anonymous Liberal source who says the economic […]
The Government of Ontario has unveiled details about its plan to create an arms-length organization to administer the Ontario Retirement Pension Plan (ORPP).
Read our coverage of the 2015 federal budget.
Organizations like CARP and CPA Canada have been lobbying for years to lower the rate of, or even eliminate, mandatory RRIF withdrawals. On Tuesday, part of their efforts paid off.
Tuesday's federal budget received both positive and negative reactions.
The Investment Industry Association of Canada (IIAC) has applauded measures announced in yesterday’s federal budget, particularly the increase in the TFSA contribution limit and the reduction to RRIF minimum withdrawal amounts.
Federal Finance Minister Joe Oliver reported a $1.4 billion surplus in a long-promised balanced and pre-election budget he delivered here Tuesday.
There weren’t many surprises in the 2015 federal budget, which includes changes to TFSA contribution limits and the amount seniors will be required to withdraw from registered retirement income funds (RRIFs).
Liberal and New Democrat politicians are criticizing the government’s plans to increase TFSA contribution room, a move expected in the 2015 Budget.