NSSC Blog: Before You Invest

Question of the Week: Are there HST or GST on my trades?

When you make a trade, or your adviser makes a trade for you on your behalf, is there tax charged on that trade? By tax we mean HST in Nova Scotia, or GST in other parts of the country. The short answer is no, you do not pay HST or GST on individual trades of securities. However, work done by your adviser may have HST or GST applied to it.

Proposed changes to securities regulations to enhance protections of older adults and vulnerable clients. Part 2: Temporary Holds

In the second part of our post looking at proposed changes to securities regulations to enhance protections of older adults and vulnerable clients we’ll cover the proposed amendment to give registrants the ability to place temporary holds.

Proposed changes to securities regulations to enhance protections of older adults and vulnerable clients. Part 1: Trusted Contact Person

In March the Canadian Securities Administrators (CSA) published proposed amendments to enhance protections of older adults and vulnerable clients. These new proposed amendments initially had a comment period of 90 days. Due to the COVID-19 pandemic this comment period has been extended to July 20.  In this post and a following post next week we’ll highlight two aspects of the proposed amendments – trusted contact person and temporary holds.

Today is World Elder Abuse Awareness Day

First observed by the United Nations in 2012, World Elder Abuse Awareness Day recognizes that nearly every country across the globe will see a substantial growth in the number of older persons in the next decade. With the population of older persons increasing it unfortunately also leads to an increase in the amount of elder abuse.

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