Melissa Shin

1 week ago | news.bloomberglaw.com | Brian Platt |Melissa Shin

Canada’s finance minister says the government is moving ahead with its Digital Services Tax on large US tech firms. was asked Thursday whether he is considering a pause, given a key payment deadline is approaching June 30 and Canada is working to negotiate a with the US:• “The DST is in force and it’s going to be applied, yes,” he said as he entered a cabinet meeting• He added: “This was voted by Parliament, so we’re going ahead with the DST.

1 week ago | news.bloomberglaw.com | Melissa Shin

Bank of Montreal is buying Burgundy Asset Management Ltd., boosting its wealth management business by adding an established Canadian firm that manages money for affluent individuals, pensions and foundations. The bank will pay C$625 million ($456 million) in shares, with 20% of that amount conditional on Burgundy maintaining a minimum level of assets under management for 18 months after the deal closes.

1 week ago | news.bloomberglaw.com | Melissa Shin |Mathieu Dion

Canada should loosen investment rules for airlines to allow full foreign ownership of carriers that fly only within the domestic market, according to the country’s competition watchdog. The recommendation is one of several released Thursday by the Competition Bureau following a nearly yearlong study. It also suggests raising the ownership limit for Canadian airlines so that a single foreign investor can own as much as 49%, up from the current 25%, and prioritizing competition in merger reviews.

1 week ago | news.bloombergtax.com | Melissa Shin

XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.

1 week ago | financialpost.com | Melissa Shin

Advertisement 1Bank of Montreal is buying Burgundy Asset Management Ltd., boosting its wealth management business by adding an established Canadian firm that manages money for affluent individuals, pensions and foundations. Article content(Bloomberg) — Bank of Montreal is buying Burgundy Asset Management Ltd., boosting its wealth management business by adding an established Canadian firm that manages money for affluent individuals, pensions and foundations.