QSA's Week in Finance (#13, 2025)
Gore Mutual seeks Quebec incorporation; CorePointe plans asset release; Quebec Assurance eyes CBCA move; Jagmeet Singh critiques tax fairness; RRSP, TFSA data released.
Good morning! Welcome back to Queen Street Analytics' weekly roundup of regulatory developments, legislative discussions, political announcements and other government-related news for professionals in the financial industry, banking, credit unions, insurance, payment processing, fintech, credit card issuing, asset management, venture capital, private equity, and crypto-currencies.
Every Monday, we break down the most important updates in this space in under five minutes.
Start Date: 2025-03-30
End Date: 2025-04-05
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StatsCan Releases 2023 RRSP and TFSA Contribution Data
Statistics Canada reported that 11.3 million tax filers contributed to either an RRSP or a TFSA in 2023, with fewer than half a million contributing to a First Home Savings Account. These figures provide insight into Canadian savings behaviors and financial priorities.
Sources: Open Government Data Set: www.statcan.gc.ca
