Industry

Alberta key to single securities regulator, says Crawford

(August 19, 2004) Persuading Alberta to support a single securities regulator may be the only way to move the reform process forward, says Purdy Crawford. The creation of a single regulator was the main recommendation of the Crawford committee’s five-year review of Ontario’s securities laws, released last year. Ontario’s standing committee on finance and economic […]

By Doug Watt |August 19, 2004

3 min read

Housing affordability slips

(August 18, 2004) It’s getting harder to afford a home in most provinces, as a strong housing market and higher mortgage rates counteract increased construction, according to a report from RBC Economics. “Affordability will continue to erode over the balance of this year and next, principally due to relatively mild increases in mortgage rates,” said […]

By Steven Lamb |August 18, 2004

2 min read

Ontario insurance regulator revokes life licences

(August 18, 2004) The Financial Services Commission of Ontario (FSCO) has revoked the life insurance licences of five agents for various infractions. The provincial insurance regulator released its latest monitoring and enforcement report this week. The agents were identified by FSCO as David Braganza, Joseph Caputo, Sahil Celly, Arvind Singh and Gaetan Lefebvre. In settlement […]

By Doug Watt |August 18, 2004

2 min read

Report favours independent securities tribunal

(August 18, 2004) There is a “persuasive and overwhelming” argument for separating the adjudicative function of the Ontario Securities Commission and creating a new independent body, a report released today concludes. But the chair of the OSC believes Ontario might be better off maintaining the status quo. The report, written earlier this year by a […]

By Doug Watt |August 18, 2004

3 min read