Three months out from the launch of total cost reporting (TCR), Canadian dealers appear ready to begin collecting the data needed for fuller disclosure of investment fund ownership costs. It’ll be another year before clients receive their first TCR-compliant reports, in early 2027.

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The Canadian Investment Regulatory Organization’s (CIRO) new proficiency regime is set to take effect in just a few months. It’s now issued guidance on the sort of educational backgrounds and work experience that dealers can consider when registering reps starting in 2026. James Langton has the details.

Three advisory teams have left Richardson Wealth to join Raymond James Ltd., giving the firm a new branch in Winnipeg. Michelle Schriver’s got the story.

Financial professionals are calling attention to the issue of TFSA overcontribution penalties, and the part that Canada Revenue Agency’s My Account platform may be playing in adding to amounts owed. As Jonathan Got reports, they say CRA should provide relief in light of delays in TFSA data showing up in its online platform.

The British Columbia Securities Commission has issued a report card on Client Focused Reforms compliance that shows fund managers and exempt market dealers still have work to do. The report, looking at reviews from 2024, found that know-your-client and suitability issues accounted for 22% of overall deficiencies. Read more from James Langton.