The 360

As part of our year-end process, all holders of nominee RRSPs or LIRAs/locked-in RRSPs who will have reached the age of 71 by December 31, 2025, are required to transfer their account to a RRIF or LIF before the end of the year.

As a reminder, the Canadian Union of Postal Workers (CUPW) has recently declared a nationwide strike. 

Canada Post has advised that mail and parcels won’t be processed or delivered for the duration of the strike, and some post offices will be closed. Service guarantees are suspended for items already in the postal network and no new items will be accepted until the national disruption is over.

The Autorité des marchés financiers (AMF) is warning Quebec investors to be cautious of investment solicitations that use multi-level marketing tactics, which may be part of pyramid scams. These schemes often promise financial freedom but can lead to serious financial losses. 

As a reminder, a minimum annual payment (MAP) is required for all RRIF and LIF accounts. In accordance with Section 146.3(1) of the Income Tax Act, Investia is responsible for ensuring that all minimum payments are made before the last day of the year.

As we approach the end of the current Continuing Education (CE) cycle, we would like to remind you that all registered individuals (i.e., Representatives, Associate Advisors, Junior Advisors, Licensed Assistants, Branch Managers) are required to comply with CE requirements to maintain their registration in good standing.

Please be advised that Tuesday, September 30, 2025, all banks will be closed in lieu of the National Day for Truth and Reconciliation. As a result, September 30 will be a trade day, but not a settlement day.

Following the automated processing of model portfolio rebalancing carried out on September 15, we are pleased to confirm that the operation was successful. Here are the detailed results:

• 80% of eligible plans were successfully processed: they were either rebalanced or deemed compliant with the requirements and did not need rebalancing.
  
  
• 20% of eligible plans were not processed: one of the reasons indicated in the report mentioned below is the cause.
  

We have recently observed a significant increase in the number of incomplete or incorrectly filled forms being submitted. To ensure your requests are processed efficiently, promptly, and without error, we would like to remind you of the importance of completing all required forms fully and accurately before submitting them to Head Office.

We would like to thank everyone who joined our Virtual Water Cooler Chat last Thursday. For those who missed it, you can watch the presentation by clicking on the recording link below. 

As mentioned during today’s Virtual Water Cooler Chat, we are pleased to announce the official launch of our partnership with ClearEstate. This collaboration brings industry-leading estate planning and settlement services to your clients—delivered through a digital platform designed to simplify a traditionally complex process.