Industry

Decorative pattern

Expert panel recommends single securities regulator

The federally commissioned Expert Panel on Securities Regulation, headed by former Cabinet minister Tom Hockin, proposed today the creation of a national securities regulator, which would allow Canadian companies to file a single set of documents directly with the federal body, without getting entangled with provincial regulators. “Our central recommendation is that Canadians need a […]

By Kanupriya Vashisht |January 12, 2009

3 min read

Decorative pattern

Briefly:

The worst period for Canadian equity returns in generations may already be over, but recovery will depend on whether North America launches a credible fiscal stimulus package in the coming weeks, notes a new CIBC World Markets report. “The bad news is that we are in a recession, and a fairly deep one at that. […]

By Staff |January 9, 2009

6 min read

Decorative pattern

Week in review: January 5-9, 2009 (plus bonus holiday coverage)

Welcome to the weekly roundup of news affecting you, as covered by Advisor.ca and our sister publication, Conseiller.ca. Read this section every week to catch up on the news you missed, or click here and subscribe to get regular updates sent to your inbox or BlackBerry. Skip to: Quick links, stories this week. Or click […]

By Kate McCaffery |January 9, 2009

10 min read

Decorative pattern

Problems abound with personal lending

There is no easy way to lend to family and friends, as was most recently demonstrated by the Supreme Court decision regarding the Lipson case on Thursday. Advisors who have clients engaged in personal lending have to walk a fine line between offering complex financial advice and steering clear of emotional issues associated with them. […]

By Mark Noble |January 9, 2009

4 min read

Decorative pattern

Supreme Court rules against Lipson

The Supreme Court of Canada has dismissed the appeal of Earl and Jordan B. Lipson, upholding the earlier decision by the Tax Court that the pair had breached the general anti-avoidance rule (GAAR). The decision was split, with three of the seven justices dissenting. In the written decision, the majority said: “The GAAR’s application was […]

By Steven Lamb |January 8, 2009

4 min read

Decorative pattern

Briefly:

Fidelity Investments has launched a new lineup of investment pools focused on high-net-worth clients. The new Fidelity Private Investment Program delivers institutional class management, focusing on risk management and capital preservation. “As their level of income and assets rises, high-net-worth investors are looking for investment managers that can provide unique investment opportunities, tax-advantaged solutions, low […]

By Staff |January 8, 2009

2 min read

Decorative pattern

Golombek: What Lipson means for investors

In a split 4-3 decision, the Supreme Court of Canada found that a Toronto couple, the Lipsons, engaged in abusive tax planning that offended the General Anti-Avoidance Rule (GAAR). Background The Lipson case, heard at the Supreme Court last April, actually began in 1994, when Earl and Jordanna Lipson wanted to buy a home. Jordanna […]

January 8, 2009

4 min read

Decorative pattern

Briefly:

Canadians have reached a 25-year low in optimism toward the Canadian economy, but they remain surprisingly upbeat about their personal financial situations, a new poll from POLLARA suggests. More than 9 out of 10 (91%) Canadians believe Canada is currently in a recession, up from 22% in January 2008. More than half (57%) believe the […]

By Staff |January 7, 2009

3 min read

Decorative pattern

Mackenzie’s Javasky announces retirement

Mackenzie Investments is losing one of its most seasoned and prolific fund managers, as Jerry Javasky, head of its Ivy investment team, announced he is retiring from the investment business. “Freedom 55” is the mantra of one of Mackenzie’s sister companies, but Javasky’s relatively young retirement age has surprised many industry observers, especially since he […]

By Mark Noble |January 7, 2009

3 min read

Decorative pattern

Briefly:

The global economic downturn and the stock market crash of 2008 have led Canadians to take a more conservative stance when it comes to their investments, according to a study by Scotiabank. The survey found one in four had become more conservative, while 39% said they were paying closer attention to their investments. More than […]

By Staff |January 6, 2009

4 min read

← Previous 1 … 1,753 1,754 1,755 1,756 1,757 … 2,143 Next →