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(March 31, 2008) Current business owner-managers and potential company successors have a new tool for developing and implementing successful business transfer plans to a new generation of managers and owners. Developed by HEC Montréal and its partners, the original website [www.fromsuccesstosuccession.com] is intended to be useful to any person thinking about taking over or transferring […]
By Staff |March 31, 2008
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Debt markets continued to feel the effect of falling stock prices and declining consumer confidence in Q3 and Q4, according to the Investment Industry Association of Canada’s debt issuance report. In the second half of 2007, debt issuance dropped 13.8% from the first six months of the year to the last. Total bond trading also […]
By Bryan Borzykowski |March 31, 2008
3 min read
Every advisor has a different approach to disclosing fees but it’s getting more difficult to avoid the conversation. Some product providers are now aggressively pitching the low-fee argument to market their products, the latest being Barclay’s iShares, which launched a marketing campaign Monday, calling for more transparency in Canada’s investment industry. The Exchange Traded Fund […]
(March 28, 2008) The Canadian Securities Administrators (CSA) announced Friday that it is seeking comments on proposed changes to cease trade orders. The CSA says the National Policy 12-203 Cease Trade Orders for Continuous Disclosure Defaults will attempt to streamline existing CSA practices relating to cease trade orders (CTOs) and provide guidance for issuers on […]
By Staff |March 28, 2008
2 min read
(March 28, 2008) Gail Cook-Bennett is positioned to become the first female chair of Canada’s largest insurance company, according to Manulife Financial’s proxy circular released on Friday. The company’s current chair, Arthur Sawchuk, 72, has reached the mandatory retirement age. He has requested that, subject to his re-election at the 2008 Annual Meeting, he continue […]
What worked in the ’70s can work today — a disciplined investment approach that focuses on buying solid businesses at a great discount to their intrinsic value — according to Ned Goodman, founder and chairman of DundeeWealth. In an address to the Toronto CFA Society entitled My Perspective, Goodman told an audience of current and […]
By Mark Noble |March 28, 2008
(March 27, 2008) Bullion Management Services has renamed the Millennium BullionFund, dropping the now anachronous title in favour of BMG BullionFund. “The name change makes it easier for investors to make the link between the fund and the organization behind it, Bullion Management Group Inc.,” says Nick Barisheff, president of Bullion Management Group. The fund’s […]
By Staff |March 27, 2008
(March 27, 2008) Practice makes perfect — or so Canadians seem to think when it comes to spending. A survey released by Bank of Montreal found that 93% consider themselves to be “smart spenders,” and 26% went so far as to say they are “very disciplined.” Then again, 78% of survey respondents had debts beyond […]
While Tuesday’s Ontario budget announcement might have been a lackluster affair, provincial finance minister Dwight Duncan had folks in the financial industry cheering the next day. A new initiative announced separately from the budget will allocate $4 million over three years to create a Centre of Excellence for Education in Financial Services. The centre is […]
By Bryan Borzykowski |March 27, 2008
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