Apr 08, 2020

CDIC’s Peter Routledge interviewed in the Globe and Mail

CEO Peter Routledge explains why there is no safer place for depositors’ money than a CDIC-protected bank account. Below is a link to the article on The Globe and Mail's website. Pandemic personal finance update #2: Bank deposits are something you do NOT need to worry about...

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Feb 12, 2020

CDIC Video Explaining Changes to Deposit Insurance

Amendments to the Canada Deposit Insurance Corporation Act come into force in April 2020 and April 2021. CDIC has created a 6 ½ minute video...

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Aug 13, 2019

CDIC and Brokered Deposits – Guidance and Webinar Documents

In May of 2018, the Canada Deposit Insurance Corporation released an information bulletin specifically for brokers and financial advisors, covering the following areas: How CDIC’s...

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May 29, 2019

Privacy Training

RDBA is now offering privacy training for members. This training covers the Personal Information Protection and Electronic Documents Act (PIPEDA) as well as individual provincial...

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Mar 20, 2019

2019 Federal Budget

A major component of this year's Federal budget is dedicated to seniors. A Secure and Dignified Retirement for Canadians, which is available on the Government...

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Feb 15, 2019

Fasken Bulletin: New FINTRAC Compliance Guidance

On February 13th, 2019, Fasken Martineau DuMoulin LLP posted a bulletin titled: New FINTRAC Compliance Guidance. This bulletin is a response to FINTRAC's February...

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Jan 23, 2019

CDIC QUESTIONS AND ANSWERS – ABBREVIATED BROCHURE

There have been many questions asked by our members regarding the CDIC disclosure requirements which recently came into force. We have reached out to...

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Jan 18, 2019

FINTRAC Suspicious Transaction Guidance

FINTRAC has published new suspicious transaction guidance: “What is a suspicious transaction report”, “Reporting suspicious transactions to FINTRAC” and sector-specific “Money laundering and terrorist financing...

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Jan 11, 2019

Department of Finance Canada Launches Consultations on Open Banking

On January 11th, 2019, Department of Finance Canada launched consultations on Open Banking. Here is an excerpt from the Department of Finance Canada website: "Open banking...

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Jan 04, 2019

Canada’s unemployment rate at a 43-year low

Statistics Canada reported that employment held steady in December 2018 and the unemployment rate was unchanged at 5.6%. The National Post also reported that Canada's...

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