Industry

Briefly: ‘HST impact concerns small business owners’ and more news

Small business owners in Ontario are worried about the effect of the harmonized sales tax (HST) on their bottom lines, according to a survey conducted by the Canadian Federation of Independent Business (CFIB). “Governments have clearly dropped the ball in their handling of this critical tax reform initiative,” said CFIB’s Ontario director Satinder Chera. “The […]

By Staff |September 24, 2009

3 min read

Putting the S back into SRO

Canada’s self regulatory organizations could take on a lot more responsibility in the future, bringing regulation closer to actual financial industry participants. The question is, does anyone in the industry want that? “Self-regulators have become far more robust,” said Paul Bourque, associate partner with the financial advisory practice of Deloitte & Touche, speaking at the […]

By Steven Lamb |September 23, 2009

3 min read

Briefly:

It is not easy being a parent especially when there are not enough assets to go around. According to a new poll by Edward Jones Canada, 15% of parents with children under 18 at home are favouring their children’s education over their own savings and nearly 26% of parents are primarily saving for retirement. Another […]

By Staff |September 23, 2009

4 min read

Act like an institutional investor

If you are still revisiting risk management strategies for your client portfolios given last year’s downturn, look no further than the institutional side of the business for best practices. “The last 12 months have probably served to undermind the traditional thinkings of asset allocation,” says Michael Cooke, vice-president of alternative strategies for Invesco Trimark. Cooke […]

By Deanne Gage |September 22, 2009

3 min read