Industry

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(January 19, 2007) Buoyant equity markets in 2006’s final quarter lifted Canadian pension fund returns into double digits for the fourth consecutive year, an RBC Dexia Investor Services study reports. RBC Dexia monitors $340 billion in pension fund assets and reports the funds earned 7.2% in the quarter ended December 31, boosting year-end performance to […]

By Staff |January 19, 2007

4 min read

Decorative pattern

European debt market faces restructuring: report

Excessive leverage, aggressive business plans and the rising cost of raw materials will power a wave of corporate debt restructuring in Europe this year, according to one survey of investors on both sides of the Atlantic. Released by international law firm Cadwalader, Wickersham & Taft LLP and investment banking group Rothschild, the third annual European […]

By Mark Noble |January 19, 2007

3 min read

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(January 18, 2007) Talvest Mutual Funds announced on Thursday that a backup computer file containing client information recently went missing while in transit between its offices. The backup file contained possibly confidential info of approximately 470,000 current and former Talvest client accounts and may have included client names, addresses, signatures, dates of birth, bank account […]

By Staff |January 18, 2007

3 min read

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Cross border securities trade picks up

Foreign investors took a shine to Canadian bonds, making a massive investment of $11.3 billion in November 2006, according to the latest data provided by StatsCan. That makes it the second highest month on record in terms of bond sales. Corporate issues were the most popular, attracting $5.1 billion in foreign capital, while $3.4 billion […]

By Steven Lamb |January 18, 2007

2 min read

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Banks make their pitch to the

Representatives from two of Canada’s big banks say they would still like to see legislation that would allow them to sell life insurance in branches. But they insist even if such a change were to come about, it wouldn’t have a significant impact on the independent insurance brokerage channel. That’s because the banks would end […]

By Doug Watt |January 18, 2007

3 min read

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(January 17, 2007) Jovian Capital Corporation’s subsidiary, the Gibraltar Consulting Group, announced Wednesday the launch of the CIBC International Yield Deposit Note Series 3 and CIBC International Deposit Note Series 4. Gibraltar hopes the new series of notes can replicate the success of the Series 1 and 2 notes that recently closed with sales in […]

By Staff |January 17, 2007

5 min read

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Report calls for regulatory merger

Canada’s fractured regulatory landscape is much more than an inconvenience for registrants — it’s part of an overarching structure of artificial barriers that serve to stifle the entire economy, according to a new study. In a report entitled Mission Possible: Stellar Canadian Performance in the Global Economy, the Conference Board of Canada calls for the […]

By Steven Lamb |January 17, 2007

2 min read

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(January 16, 2007) Findings from an Ipsos Reid study released Tuesday state that many Canadian boomers are confused or ill prepared for retirement. Conducted on behalf of BMO Financial Group, the study, which polled Canadians between the ages of 45 and 60, found that across the board boomers would rather spend their time planning activities […]

By Staff |January 16, 2007

6 min read

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Client list: You can take it with you

The B.C. Court of Appeal has issued a decision affirming an advisor’s right to contact clients if the advisor leaves his or her firm for another. The ruling allows advisors to take with them a list of their own clients but prohibits them from taking contact information for their colleagues’ clients. The appeal stems from […]

By Steven Lamb |January 16, 2007

2 min read

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(January 15, 2007) Goodman & Company Investment Counsel Ltd. announced on Monday it will expand its tax-effective product offerings with the addition of two new Dynamic Funds Series T options and four new corporate class funds. To complement its nine funds that offer Series T units, Dynamic will offer Series T units on its Dynamic […]

By Staff |January 15, 2007

3 min read

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