Jul 23, 2018

CDIC Joint and Trust Account Disclosure Requirements Consultation

On July 20th, 2018, the Canada Deposit Insurance Corporation launched a consultation for public comment on proposed changes to requirements for deposits in joint and trust accounts. The Joint and Trust Account Disclosure By-Law, which will be affected by the Budget Implementation Act 2018 and its changes to the CDIC Act is the focus of this...

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Jul 12, 2018

DICE 2018: Save the Date! 

The 8th annual Deposit Industry Charity Event (DICE) brings together financial institutions, brokers, and professionals in the Canadian term deposit industry for a day of...

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Jul 04, 2018

CDIC: Royal Assent of Budget Implementation Act, 2018, No. 1

In a letter to its members dated July 4, 2018, the CDIC announced: "On June 21, 2018, the Budget Implementation Act, 2018, No. 1 (BIA 1),...

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Jun 21, 2018

RDBA Welcomes Rapport Credit Union

The Registered Deposit Brokers Association is pleased to welcome Rapport Credit Union as its newest Financial Institution member. Rapport Credit Union is a new kind of...

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Jun 04, 2018

RDBA Consultation Submissions in May 2018

In May 2018, RDBA responded to three consultation requests from regulators that affect Deposit Brokers and the Canadian client name deposit industry. FSCO Submission In April and...

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May 01, 2018

2018 Alex Melvin Leadership Award

Nominations Accepted Until May 4th, 2018 This year's presentation of the Alex Melvin Leadership Award will be made at the CAILBA National Conference and AGM on...

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Apr 04, 2018

Upcoming Regulator Consultations

The Ontario Ministry of Finance: Regulation of Financial Planners Consultation Paper - deadline for submissions is April 16, 2018 Finance Canada: Reviewing Canada's Anti-Money Laundering and...

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Mar 22, 2018

Federal Reserve Interest Rate Decision

On March 21, 2018, Federal Reserve chairman Jerome Powell announced at the Federal Open Market Committee meeting in Washington, that the U.S. central bank has increased...

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Jan 05, 2018

Rob Carrick article highlights benefits of working with Deposit Brokers

The RDBA and Broker Advantage Index were cited by Rob Carrick in the Globe & Mail. In his article he describes the advantages of working...

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Jan 03, 2018

Minimum wage hikes could cost Canada’s economy 60,000 jobs by 2019

Minimum wage hikes across Canada this year could cost about 60,000 jobs by 2019, despite the benefits they would bring, the Bank of Canada says...

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