December 22, 2009

Response to Joint Canadian Securities Administrators’/Investment Industry Regulatory Organization of Canada – Consultation Paper 23-404

The Investment Counsel Association of Canada (“ICAC”), through its Industry, Regulation and Tax Committee, is pleased to have the opportunity to submit the following comments regarding Consultation Paper 23-404 – Dark Pools, Dark Orders, and Other Developments in Market Structure in Canada. Read … Continue reading →

November 6, 2009

Submission to Chair, House of Commons Standing Committee on Finance re GST-HST and other Federal Issues

The purpose of this letter is to update you on a number of advocacy issues the Investment Counsel Association of Canada (ICAC) has been working on which impact Canadians’ retirement savings Read submission

November 6, 2009

Submission to Parliamentary Secretary to the Minister of Finance re GST-HST and other Federal Issues

The purpose of this letter is to update you on a number of advocacy issues the Investment Counsel Association of Canada (ICAC) has been working on which impact Canadians’ retirement savings. Read submission

November 6, 2009

Submission to Deputy Chief of Staff and Director of Policy re: GST-HST and other Federal Issues

The purpose of this letter is to follow up with you on our meeting of September 16, and to update you on the advocacy issues the Investment Counsel Association of Canada (ICAC) has been working on which impact Canadians’ retirement savings. Read … Continue reading →

November 6, 2009

Submission to General Director, Tax Policy Branch re: GST-HST and other Federal Issues

The purpose of this letter is to update you on a number of advocacy issues the Investment Counsel Association of Canada (ICAC) has been working on which impact Canadians’ retirement savings. Read submission

November 6, 2009

GST-HST Appendix

Since the inception of GST, investment management fees have been subject to GST.  The Excise Tax Act however, specifically exempts a number of financial services.  There is a need to level the playing field among competing financial services, preferably by exempting them … Continue reading →

May 5, 2009

Department of Finance Officials and ICAC

ICAC has for the past few years been working on 3 key issues which impact seniors and Canadians ability to save for retirement and to optimize their investments. In light of the recent market downturn, and significant loss in capital of most … Continue reading →

March 31, 2009

Présentation – Comité permanent des finances: Étude sur les mesures à prendre pour améliorer l’accès au crédit et la stabilité du système financier canadien

Nous vous remercions de nous avoir demandés de présenter devant le Comité notre avis dans le cadre de vos délibérations sur le secteur financier canadien, la protection des investisseurs et la stabilité du système financier canadien. Présentation

March 31, 2009

Presentation to the Standing Committee on Finance: Measures to Enhance Credit Availability & the Stability of the Canadian Financial System

Thank you for asking us to present to the Committee today and to provide input on your deliberations on the Canadian financial sector, protection of investors and the stability of the Canadian Financial system. Read presentation

March 12, 2009

Submission to the Federal Department of Finance – Strengthening the Legislative & Regulatory Framework for Private Pension Plans Subject to the Pension Benefits Act, 1985

As investment managers to pension plans, our comments relate only to the investment restrictions applicable to pension plans under the investment provisions of the Pension Benefits Standards Regulations under the Pension Benefits Standards Act, 1985 (Canada) (“Schedule III”). Read letter

January 9, 2009

Comments on OSC Rule 13-502 Fees and Companion Policy 13-502CP Fees

The ICAC wishes to offer its comments on the Proposed Revocation and Replacement of OSC Rule 13-502 Fees and Companion Policy 13-502CP Fees (the “Proposal”). Read comments