Six months after new anti-money laundering regulations were introduced, Canada’s financial intelligence group issued new guidelines dealing with so-called politically exposed persons and heads of international organizations.
Taxpayers are entitled to use the mark-to-market method to compute income for federal tax purposes if it provides a more accurate picture of a taxpayer’s income, ruled the Federal Court of Appeal.
Many financial institutions, already grappling with growing regulatory demands, will find it challenging to implement a new operational risk management framework imposed by the federal financial watchdog by next summer, according to financial services experts.
The federal financial watchdog has given Canada’s big banks an extension to implement global reforms that establish more consistent disclosure rules to allow them to focus and devote the “significant level of effort required” to […]
The fixed income market, renown for its notorious opaqueness, is slowly inching closer towards greater transparency as Canada’s regulators are moving forward with plans to provide retail investors with trading data of corporate debt securities, […]
It was an engrossing week, and the latest evidence that the Canadian world of finance was being upended by the emergence of nimble players using new technologies to offer cutting-edge financial products and services.
A retirement home has been ordered by the Quebec Human Rights Tribunal to pay more than $11,000 in material, moral and punitive damages to an employee who was fired because of her health condition.
Quebec’s flagging public small and medium-sized financing ecosystem must be bolstered to incite companies to enlist in stock exchanges, spur business to grow faster, and restore Montreal’s status as a major financial centre, according to […]
The practice of law is under duress. Legal service innovations driven by digitalization and globalization are propelling seismic change. So too is the emergence of the sharing economy model which has taken the world by […]
A long-awaited ambitious bill introduced by the Quebec government has been guardedly welcomed by business and environmentalists alike as it is expected to simplify the provincial environmental approval regime by making it clearer, more efficient, […]