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Financial industry may not get a say on Trudeau’s first budget

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 […]

  • By: Staff
  • January 14, 2016 September 13, 2019
  • 16:08
ORPP Administration Corporation details revealed

The Government of Ontario has unveiled details about its plan to create an arms-length organization to administer the Ontario Retirement Pension Plan (ORPP).

2015 federal budget coverage

Read our coverage of the 2015 federal budget.

  • By: Staff
  • April 23, 2015 September 13, 2019
  • 12:01
Should Canadians take advantage of lower RRIF withdrawal rates?

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.

Budget receives mixed reaction

Tuesday's federal budget received both positive and negative reactions.

  • By: Staff
  • April 22, 2015 September 13, 2019
  • 12:50
IIAC gives thumbs up to budget

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.

  • By: Staff
  • April 22, 2015 September 13, 2019
  • 11:49
Feds post modest surplus in election-year budget

Federal Finance Minister Joe Oliver reported a $1.4 billion surplus in a long-promised balanced and pre-election budget he delivered here Tuesday.

Changes to TFSAs, RRIFs coming

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).

Plans to increase TFSA limit come under fire

Liberal and New Democrat politicians are criticizing the government’s plans to increase TFSA contribution room, a move expected in the 2015 Budget.

Federal budget scheduled for later this month

Finance Minister Joe Oliver has promised the books will be balanced when he tables his federal budget on April 21.