Industry

Briefly:

(December 11, 2006) Microcredit has been attracting a great deal of media attention of late, with the Nobel Peace Prize going to Dr. Muhammad Yunus, who pioneered the concept with Grameen Bank. The idea is quite simple: in developing countries, a small loan allows the poor to start their own businesses, while exposing the lender […]

By Staff |December 11, 2006

3 min read

Ontario ends mandatory retirement

As every advisor knows, retirement planning is highly dependent on the client — some dream of shaking off the shackles of work as early as possible, while others enjoy the sense of purpose their job gives them and plan to stay on as long as they are competent. There is one common thread, however: nobody […]

By Al Emid |December 11, 2006

4 min read

Dodge repeats call for single regulator

Canada will be “stuck in the middle of the 20th century,” unless the country moves forward on a single, uniform framework for securities regulation, says Bank of Canada governor David Dodge. “We need to have a harmonized set of rules and single enforcement authority,” said Dodge during a question and answer session following a speech […]

By Bryan Borzykowski |December 11, 2006

3 min read

Briefly:

(December 8, 2006) The Senate Banking Committee has expressed concern over RCMP testimony on Thursday that the national police force lacked the resources to control the money laundering activities or organized crime in Canada. The RCMP said there are currently almost 800 different criminal organizations in Canada, as well as several groups that it deems […]

By Staff |December 8, 2006

3 min read