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 of Canada website states that with Budget 2019, they are making new investments to help make retirement more financially secure for more Canadians. Other budget items that affect seniors include changes...

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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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Jan 03, 2019

New Guidelines for Consent to Use Personal Information – January 1st 2019

As of January 1st 2019, the Privacy Commissioner of Canada is applying more robust guidelines for obtaining meaningful consent for using personal information. Read...

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Nov 23, 2018

Government of Canada Launches Pre-Budget Consultations

As a follow-up to Finance Minister Bill Morneau's November 21st Fall Economic Statement, the Government of Canada launched consultations for Budget 2019. Canadians can contribute...

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Nov 12, 2018

CMRA does not violate constitution, Supreme Court rules

On Friday, November 9th, the SCC overturned a lower court decision, clearing the way for the federal government and participating provinces and territories to create...

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Oct 01, 2018

RDBA Response to CDIC Consultation, September 2018

RDBA has responded to Canadian Deposit Insurance Corporation's Joint and Trust Account Disclosure By-law consultation paper from July, 2018. Click here to download RDBA's submission (PDF)....

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