Industry

Briefly: “Aging population creates $2.8 trillion fiscal crunch” and more news

Canada’s aging and unhealthy population is about to create a significant liability totalling about $2.8 trillion for all levels of government, according to a new study from the C.D. Howe Institute. It could play a key role in prolonging the economic recovery, author William B.P. Robson wrote in “The Glacier Grinds Closer: How Demographics Will […]

By Staff |September 30, 2010

2 min read

IIROC disciplines Blackmont, Duke

A Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) has found that Blackmont Capital Inc. and Dean Shannon Duke violated IIROC rules related to business conduct and unauthorized trading in client accounts. The panel’s full Reasons for Decision are available on the IIROC website. A separate hearing will be scheduled to determine […]

By Staff |September 29, 2010

2 min read

Managers remain bullish on Canadian stocks

While consumer confidence may be in the doldrums, the majority of investment managers remain bullish on Canadian stocks, according to the latest Russell Investment Manager Outlook survey. The poll found 56% of managers were optimistic about equities, with half of managers saying the market was undervalued. Just over one third (36%) said the market was […]

By Steven Lamb |September 29, 2010

2 min read

IIROC steps up market surveillance

The Investment Industry Regulatory Organization of Canada (IIROC) is bolstering its market monitoring capability by introducing a single-window surveillance system for all equity markets in Canada. The Surveillance Technology Enhancement Platform (STEP) gives IIROC the ability to conduct cross-market surveillance and can currently process up to 400 million trades, orders, quotes and cancellation messages per […]

By John Powell |September 29, 2010

1 min read