10 h. ago Jim stopped investing in ETFs because of phantom distributions and tax issues. Was this the right thing to do?

FP Answers: In Canada, taxes on funds should give similar returns as if you held the securities. Here are some alternate ideas

Economics

8 d. ago Companies caught in digital services tax crossfire as CRA won’t issue refunds

Canada Revenue Agency says it has no legal authority to make refunds until the DST legislation is formally repealed

Economics

9 d. ago Larger GST cheque being issued to eligible Canadians this week

Eligible Canadians are receiving more money from the government, with a larger GST payment scheduled to be issued this week.The Goods and Services Tax/Harmonized Sales Tax (GST/HST) credit is a quarterly tax-free payment issued by the Canada Revenue Agency (CRA). The previous GST payment was issued on April 4, and the next payment will be deposited into Canadians' accounts on Friday, July 4. However, the upcoming payment will include a 2.7 per cent increase.According to the government, the payment helps individuals and families with low and modest incomes offset the GST or HST that they pay.Are you eligible?You're generally considered eligible for the GST/HST credit payment if you're at least 19 years old and a Canadian resident for tax purposes a month before the CRA makes the payment and at the beginning of the month.Canadians who are under 19 years old must meet at least one of the following criteria during the same period:You have (or had) a spouse or commo...

Other

9 d. ago Ottawa must pass a law revoking digital service tax before it can issue refunds: CRA

OTTAWA — Companies that paid the now-defunct digital services tax will have to wait for Ottawa to pass new legislation before they can get their refund, the Canada Revenue Agency has confirmed. Prime Minister Mark Carney announced late Sunday that Canada was dropping the tax on global tech giants in a bid to restart trade […]

Economics

9 d. ago Ottawa must pass law revoking digital service tax before refunds issued: CRA

OTTAWA — The Canada Revenue Agency says taxpayers who already paid the now-defunct digital services tax will have to wait for Ottawa to pass new legislation before they can get their refund. Prime Minister Mark Carney announced late Sunday that, in a bid to restart trade negotiations with the United States, Canada was dropping the […]

Economics

2 w. ago BlackRock® Canada Announces Risk Rating Changes, Annual Management Fee Reductions and Commencement of Securities Lending Transactions

TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (“BlackRock”) (NYSE:BLK) today announced updates to the investment risk ratings of certain iShares exchange-traded funds (“iShares ETFs”), a reduction to the annual management fees of certain iShares ETFs, and the commencement of securities lending […]

Events

3 w. ago Purpose Investments Launches Purpose XRP ETF, Adding to Its Diverse and Growing Suite of Digital Asset ETFs

New ETF offers direct exposure to a digital asset used by global financial institutions for cross-border payments TORONTO, June 18, 2025 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”), the firm behind the world’s first spot Bitcoin ETF and Canada’s largest digital asset ETF manager*, is expanding its digital asset suite with the launch of the […]

Other

3 w. ago Purpose XRP ETF Receives OSC Receipt, Set to Launch on TSX on Wednesday, June 18, 2025

TORONTO, June 16, 2025 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”) is pleased to announce that it has received a final prospectus receipt for the Purpose XRP ETF, marking a significant milestone in the evolution of digital asset investing in Canada. The ETF is expected to begin trading on the Toronto Stock Exchange under the […]

Other

3 w. ago Hamilton ETFs Launches USD Version of HAMILTON CHAMPIONS™ U.S. Dividend Index ETF

TORONTO — Hamilton Capital Partners Inc. (“Hamilton ETFs“) is pleased to announce the launch of a US$ Unhedged Unit class of the HAMILTON CHAMPIONS™ U.S. Dividend Index ETF (“SMVP”). ETF Name Ticker Units Investment Objective HAMILTON CHAMPIONS™ U.S. Dividend Index ETF SMVP.U US$ Unhedged Units To replicate, to the extent reasonably possible and before the […]

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