03:06 PM EDT, 10/09/2024 (MT Newswires) -- Canada's decision to increase the capital gains inclusion rate is unlikely to generate as much cash as Justin Trudeau's government expects, a research group says, Bloomberg News is reporting Wednesday. The changes will add a net $3.3 billion (US$2.4 billion) to federal government revenues from individuals over five years, according to a paper...

03:01 PM EDT, 10/09/2024 (MT Newswires) -- Siskinds LLP says a $70.25 million class-action settlement has been reached with TD Asset Management over commissions paid to discount brokers, The Canadian Press is reporting Wednesday. The law firm says the class action members alleged that since discount brokers aren't allowed to provide investment advice, investors receive no value for the trailing...

03:05 PM EDT, 10/09/2024 (MT Newswires) -- (Updates with the company's response in the third paragraph.) Stellantis ( STLA ) Chief Executive Officer Carlos Tavares is planning a major reshuffle of the management team, Bloomberg reported Wednesday, citing people familiar with the situation. The CEO may present his plan at a board meeting this week in the US, and cuts...

03:03 PM EDT, 10/09/2024 (MT Newswires) -- Royal Bank of Canada ( RY ) is sounding out investors for a possible C$2 billion ($1.46 billion) bond deal in two parts, according to people familiar with the matter, Bloomberg is reporting Wednesday. The bonds are bail-in securities, said the people, who declined to be identified discussing private matters. The deal could...