Industry

Toronto cracks top ten financial centres list

Canada’s financial capital has made it onto the top ten list of global financial centres for the first time, rising two spots on the Global Financial Centres Index (GFCI) since last fall. The list, compiled by London-based Z-Yen ranked Toronto as number 10 on the list, tied with Sydney, Australia. The top spot went to […]

By Staff |March 22, 2011

1 min read

MFDA issues reasons in three cases

In the matter of Luigi Ciardullo A hearing panel of the Central Regional Council of the MFDA has issued its reasons for decision in connection with the settlement hearing held in Toronto, Ontario on November 26, 2010 in the matter of Luigi Francesco Ciardullo. Read a copy of the hearing panel’s reasons for decision. In […]

By Staff |March 22, 2011

1 min read

IIROC settles with Todd William Stefiuk

A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) has accepted a settlement agreement, with sanctions, between IIROC staff and Todd William Stefiuk. In the agreement, Mr. Stefiuk admits his failure to disclose certain outside business activities to his firm and his involvement with clients in what is called an off-book investment […]

By Staff |March 22, 2011

1 min read

Helping HNW clients at tax time

“Courteous reader”, Benjamin Franklin wrote in his 1758 book, Way to Wealth, “Get what you can and what you get, hold. ‘Tis the stone that will turn all your lead into gold.” Wealthy Canadians usually have themselves well fortified against Canada Revenue Agency’s attempts to turn their gold back into lead at tax time, but […]

By Brenda Craig |March 21, 2011

4 min read