General News

SCC decision confirms viability of Henson trusts

A recent decision from the Supreme Court of Canada (SCC) appears to confirm the viability of Henson trusts, special trusts set up for people with disabilities.  The decision, released in late January and the first case in which the SCC has considered Henson trusts, indicates that these are useful vehicles for tax, estate and financial… Read more »

U.S. Congressman introduces residency-based tax bill

A Republican congressman has introduced a bill to move the U.S. from a citizenship-based taxation system to a residency based one – and it’s receiving support from both Democrats and Republicans. To read the complete article click here

Bank of Canada reveals latest interest rate decision

The Bank of Canada walked back some of its enthusiasm about the nation’s outlook in a decision that kept interest rates unchanged, saying the economy may have more capacity than previously thought to grow without fueling inflation. The Ottawa-based central bank kept its overnight benchmark rate at 1.75 percent, reiterating it expects to eventually remove… Read more »

Questrade Wealth Management to pay $2.9 million to OSC

Questrade Wealth Management Inc. of Toronto has agreed to make a voluntary payment of $2.9 million to settle allegations that it failed to identify and respond to conflict of interest when it sold eight of it’s ETFs to Toronto-based Wisdom Tree Asset Management Inc. in July 2017, the Ontario Securities Commission (OSC) announced Tuesday. To… Read more »