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Considering Jarislowsky Fraser’s long history and solid reputation in corporate governance and shareholder rights, it’s a bit surprising that the company had never been approached by one of Canada’s socially responsible investing fund firms. So you could argue that Meritas Mutual Funds — a small player in the mutual fund world with just $120 million […]
By Doug Watt |May 5, 2006
2 min read
Jonathan Wellum is only on the fifth stop of a two-week, 11-city road show selling AIC’s two newest sub-advisors, yet the fund company’s chief investment officer’s voice was already hoarse as he addressed a small group of financial planners recently in downtown Toronto. It’s been a long trek for Wellum, but an even longer few […]
By Mark Brown |May 4, 2006
4 min read
A panel set up to produce an outline for a common securities regulator has released an initial report on the consultation process, revealing that many industry participants like the idea, as long as the head office is not in Toronto or Ottawa. Last year, the Ontario government asked securities lawyer Purdy Crawford to create a […]
By Doug Watt |May 4, 2006
The executive suite at AGF Management is seeing some big changes, with changes at the top including co-founder Warren Goldring stepping down as chairman to take an honorary role. The fund company’s board of directors has announced the senior Goldring will assume the role of honorary chairman effective June 30, 2006. On that date, current […]
By Steven Lamb |May 3, 2006
3 min read
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By Staff |May 2, 2006
1 min read
Nothing incredibly earth shattering from a financial planning point of view made it into the 2006 Federal Budget handed down by the Conservatives on Tuesday afternoon, but the finance minister’s first foray will likely leave clients feeling somewhat appreciative. Clients will likely be happy about the government’s moves to reduce small business and personal taxes, […]
By Kate McCaffery, Heidi Staseson |May 2, 2006
Lower taxes for businesses large and small that appeared in the Conservative government’s first budget will produce net positives for corporate bonds and spur investment, securities industry observers said. "It’s one of the few pro-business developments we’ve seen out of the budget in awhile," said Darcy Briggs, a portfolio manager and fixed income analyst at […]
By Philip Porado |May 2, 2006
If you have a client selling a house anytime soon, you might want to tell them to push their closing date to July 1. As expected the Conservatives cut the GST to 6% in Tuesday’s federal budget. The reduction to the GST represents 33% of the tax relief from the $26.2 billion in cuts across […]
By Mark Brown |May 2, 2006
5 min read
With the shine on gold in April it’s tempting to turn a blind eye to how the falling greenback has cut into Morningstar Canada’s fund indices. But for some sector specific funds, the 4% depreciation of the U.S. dollar meant those cuts were swift and, in some cases, deep. According to Morningstar Canada’s preliminary figures, […]
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