Industry

Ethically speaking: Double dilemma

(March 2007) We asked FCSI designees to respond to your ethical conundrums — everything from culling clients to specific fund recommendations and a host of suitability issues. In this month’s column, FCSI Stuart Hoffman offers his suggestions for dealing with an unhappy client who thinks her advisor is not being sufficiently proactive. You wanted to […]

By Staff |March 20, 2007

4 min read

Briefly:

(March 20, 2007) Inflation rose substantially in February, StatsCan reports. Consumers paid 2.0% more in February for the goods and services included in the Consumer Price Index basket than they did in February 2006. The increase in all-items CPI from an annualized rate of 1.2% in January to 2.0% in February was the sharpest since […]

By Staff |March 20, 2007

4 min read

Canadians favour foreign bonds: StatsCan

Canadians continued to show a preference for foreign investments, particularly bonds, which saw record levels of investment for the month of January, according to the latest report from Statistics Canada. StatsCan reports that Canadians added $7.8 billion worth of foreign securities to their holdings in January. Much of the investment in foreign holdings was in […]

By Mark Noble |March 20, 2007

2 min read

Briefly:

(March 19, 2007) Scotiabank announced Monday that it has signed a strategic co-operation memorandum with the China-based Bank of Dalian Co. Ltd., formerly Dalian City Commercial Bank. The memorandum outlines Scotiabank’s intention to explore a strategic partnership by way of a minority investment in one of China’s larger commercial bank. Founded in March 1998 and […]

By Staff |March 19, 2007

3 min read