Industry

Venture capitalists itching to invest

(July 27, 2004) Canadian venture capitalists (VCs) and private equity investors are eager to deploy their cash, if they can just find a promising business opportunity to fund, according to Deloitte’s Canadian Private Equity Outlook survey. The industry as a whole is flush with cash, following a period of slim pickings for quality investment opportunities […]

By Steven Lamb |July 27, 2004

3 min read

IFIC responds to rumours of OSC charges

(July 26, 2004) If the Ontario Securities Commission is planning on laying any charges in its probe of the mutual fund industry, it hasn’t mentioned it to the Investment Funds Institute of Canada (IFIC), according to the fund industry’s trade association. A report published in Friday’s National Post indicated the OSC was on the verge […]

By Steven Lamb |July 26, 2004

1 min read

Fair dealing’s advisor committee takes summer break

(July 26, 2004) When the Ontario Securities Commission released its fair dealing model earlier this year, it also set up six industry working groups to work through the concept paper. Toronto advisor John De Goey gave Advisor.ca an inside look at the advisor transition committee, which is currently on a summer hiatus. “Our committee talks […]

By Doug Watt |July 26, 2004

3 min read

Briefly:

(July 30, 2004) Sun Life Financial has reported quarterly earnings of $438 million, up from $366 million for the second quarter of 2003. Earnings per share were up 22% to 73 cents for the quarter and return on equity (ROE) increased to 12% from 10.%. “We are pleased with the overall results and the positive […]

By Staff |July 26, 2004

5 min read