A bank website is not a bank branch, according to the Office of the Superintendent of Financial Institutions (OSFI). Much to the chagrin of insurance broker organizations, bank websites will continue to be allowed to sell insurance products. Despite an earlier ruling, prompted by complaints to OSFI from Insurance Brokers of Canada (IBAC), OSFI clarified their position on what actions violate the... 

It was a panel deeply divided as CEOs from top Canadian and international insurers once again squared off on the credit score debate at the 89th annual Independent Brokers Association of Ontario this week.Considered to be the one of the highlights of the three day IBAO conference—held at the Royal York between Oct. 21 and 23, 2009—the moderated CEO panel offered brokers an opportunity to... 

Go out and buy computers. That was the Tory government’s clearest message to business owners in its 2009 budget released on Tuesday in Ottawa. Included in the specifics is a 100% capital cost allowance (CCA) for computers bought between January 27 of this year and February 1, 2011. Debbie Meloche, Canadian private company services tax leader at Price Waterhouse Coopers says that goodie was a pleasant... 

Doug Hyndman, chair of British Columbia’s Securities Commission, continues to stoke the regulatory fires, calling for stiffer criminal enforcement of white-collar crime rather than publicly aired rhetoric on a single Canadian securities regulator. In a 30-minute speech to a who’s-who of Bay Street, Hyndman emphasized the need for Canadian authorities to take white-collar crime more seriously. “If...