Insights and resources
Explore our initiatives, submissions, research, and statistics—resources that provide insight, evidence, and practical solutions to help shape Canada’s investment industry and inform investors, market participants, and policymakers.
SIMA calls on government to modernize tax rules to keep global investment mandates in Canada
Modernize tax rules to keep global investment mandates in Canada
Canada risks losing global investment mandates unless its tax framework becomes more competitive.
Finance – Repeal of the registered investment regime and amendments to QI definition
Clear and workable qualified investment (QI) rules ensure Canadians can confidently hold professionally managed investment funds in registered plans without facing unexpected tax penalties or losing access to established investment products.
Clarifying the definition of “investment fund” in Income Tax Act
The definition of “investment fund” affects how trusts are taxed, regulated, and treated under key federal tax rules, including AMT exemptions and qualified investment status.
Application of GST/HST to mutual fund training commissions
The proposed CRA change could significantly increase administrative burden and costs across the investment industry without generating meaningful tax revenue.
SIMA urges government to adjust draft tax legislation and give industry more time to implement
Finance: Implementation of CARF and amendments to CRS
The draft tax legislation could significantly increase operational burden and costs for investment funds, dealers, and service providers without sufficient time for proper implementation.
Locked-in account information
Updated as of September 2025
Monthly investment fund statistics – October 2024
Expanding the list of tax slips delivered electronically
This submission matters because expanding the list of tax slips that can be delivered electronically without express consent would improve efficiency, reduce risks, and provide faster access to tax information for Canadians.
Modernizing qualified investment rules for tax-advantaged savings plans
This submission matters because it outlines industry recommendations that could modernize qualified investment rules and improve clarity, investor protection, and investment choice within registered savings plans.
Excluding TFSA and FHSA from the reporting requirements for trusts
Unnecessary trust reporting requirements could create administrative burdens for financial institutions and account holders without improving tax compliance.
Explore SIMA’s 2025 Year in Review
Empowering Canada’s investment industry.