News and resources for Canada's top financial advisors
Industry
Since the 1980s, small-cap stocks have had a good run, often outperforming the S&P/TSX. Small companies still have an important role in a diversified portfolio, according to Martin Ferguson, director and portfolio manager at Mawer Investment Management. Speaking at the annual GGOF Investment Summit in Toronto, Ferguson explained to the audience that the compound annual […]
By Bryan Borzykowski |September 11, 2007
3 min read
(September 10, 2007) On Monday, Criterion announced that it is launching Canada’s first global clean energy fund. The Criterion Global Clean Energy Fund will invest in top businesses “at each stage of the transition to cleaner energy,” the company said in a release. Targeted companies include firms in the resource, tech, equipment, infrastructure and energy […]
By Staff |September 10, 2007
4 min read
It’s no secret that Quebec likes to do things on its own, and that goes for the insurance industry as well. Going against the grain often produces results, but it can cause some major headaches too. In Quebec, individual life insurance is sold primarily through managing general agencies, while the rest of the country uses […]
By Bryan Borzykowski |September 10, 2007
Canada’s oil sands are primed for further investment as the global supply of crude dwindles in the coming decade, according to a report out of CIBC World Markets. The shrinking supply stems from an unexpected problem: rapidly increasing consumption in oil-producing countries. Soaring oil prices over the past five years have poured billions of dollars […]
By Steven Lamb |September 10, 2007
2 min read
(September 7, 2007) The IDA has suspended Johanne Pinet of Laval, Quebec, for one year, after she was found guilty of misappropriating funds. Between October 18, 2005, and November 18, 2005, Pinet misappropriated funds from her half-brother, a client of National Bank Financial Inc., where she worked, in the amount of $1,120, via eight withdrawals. […]
By Staff |September 7, 2007
Forget saving for retirement — if there’s anything you should be discussing with your younger clients, it’s saving money to send their kids to university. According to a new survey from the Bank of Montreal, a year of university — tuition and living expenses — can run about $11,000, and for many the costs are […]
By Bryan Borzykowski |September 7, 2007
(September 6, 2007) RBC Centura Banks, a subsidiary of Royal Bank of Canada, has acquired Alabama National BanCorporation (ANB). The Birmingham-based bank has more than 440 locations throughout the American southeast and is the parent of 11 subsidiary banks and other affiliated businesses in Alabama, Florida and Georgia. Under the agreement, shareholders of ANB will […]
By Staff |September 6, 2007
For months CIBC World Markets has been touting the fundamental strength of the Canadian market — and a little sub-prime trouble won’t change that outlook, according to the firm’s latest report. “The sub-prime mortgage meltdown in the U.S. is a temporary and non-lethal shock to the bull market in Canadian stocks,” says Jeff Rubin, chief […]
By Mark Noble |September 6, 2007
New guidelines on the sale of segregated funds, issued by the Life Insurance Council of Saskatchewan, have met a cool reception from Advocis, which calls the guidelines “tantamount to more rules,” at a time when many jurisdictions are moving toward principles-based regulation. “In our view, the guideline is essentially an elaboration of existing bylaws in […]
By Steven Lamb |September 6, 2007
(September 2007) “It’s not the bus you’re expecting,” a wise friend said to me years ago. “It’s the one you’re not expecting that runs you over.” It was an argument meant to demonstrate risk control: to protect against the unexpected. That, I would argue, is what happened in the dog days of this summer. Why […]
By Scot Blythe |September 5, 2007
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