Industry

Doug Macdonald named Career Achievement Award winner

Advisor’s Edge and Advisor.ca have named Doug Macdonald, managing director and president of Vancouver-based Macdonald, Shymko & Company (MSC), as this year’s recipient of their Career Achievement Award. The Career Achievement Award recognizes individuals who raised the professional standards of financial advice giving, reflected the best interests of consumers seeking financial advice and demonstrated leadership […]

By Deanne Gage |February 21, 2006

2 min read

Clarington severs ties with Seamark

ClaringtonFunds has dismissed Seamark Asset Management as the manager of several funds, replacing the firm with three different managers, most notably Clarington’s new corporate cousin, Industrial Alliance Investment Management. Howson Tattersall will take over the management of Clarington’s Canadian Balanced fund, while OppenheimerFunds will oversee the Global Income fund. Industrial Alliance will manage Clarington’s Canadian […]

By Steven Lamb |February 21, 2006

2 min read

Briefly:

(February 24, 2006) Saxon Mutual Funds has announced it will introduce F class units for most of its fund mandates to address the firm’s “rapidly growing” presence among fee-based advisors. The F class units are expected to be available for sale to advisors in June. Saxon funds are available through advisors, although the firm may […]

By Staff |February 20, 2006

11 min read

Economic growth to remain unbalanced

Rising commodity prices will continue to drive growth in most provinces, while traditional manufacturing economies are expected to languish, according to the Conference Board of Canada’s latest quarterly Provincial Outlook report. “Not all provinces are being lifted by the rising tide of high commodity prices,” says provincial outlook associate director, Marie-Christine Bernard. “Surging global demand […]

By Steven Lamb |February 20, 2006

2 min read