News and resources for Canada's top financial advisors
Industry
(January 30, 2004) Yesterday’s release of the fair dealing model concept paper by the Ontario Securities Commission (OSC) has been met with a heated response from Advocis. “This smacks of regulatory opportunism in an area where the OSC has no experience or qualifications,” said Steve Howard, president and CEO of Advocis. “It seems more interested […]
By Steven Lamb |January 30, 2004
4 min read
Franklin Templeton Investments has developed a flash tool and collateral to be used with clients on the benefits of diversifying across all asset classes. Why Diversify? To Participate and Protect. Asset classes perform differently on an annual basis and no single asset class has been a top-performer for several consecutive years. True diversification means investing […]
By Staff |January 29, 2004
1 min read
(January 29, 2004) The strong performance of Canada’s equity markets in 2003 has sparked renewed optimism in the venture capital field, according to a survey released by Deloitte and the Canadian Venture Capital Association (CVCA). The survey found 60% of Canada’s venture capitalists (VCs) expect an improved overall economic climate over the next six months, […]
By Steven Lamb |January 29, 2004
(January 29, 2004) The Ontario Securities Commission (OSC) unveiled its “fair dealing” concept paper today, outlining its plan for a transition from product-based regulation to relationship-based rules. “It’s really just a change in our focus, rather than increasing the scope of what we regulate,” said Julia Dublin, senior legal counsel for the OSC. “The fact […]
3 min read
(January 29, 2004) Despite internal disagreement and a lack of support from Ottawa, the provincial finance ministers will continue working on ways to reform securities regulation, Alberta’s revenue minister pledged today. “Reports of our death are greatly exaggerated,” says Greg Melchin, who chairs a six-member provincial steering committee on regulation created last year. Since Michael […]
By Doug Watt |January 29, 2004
2 min read
(January 28, 2004) Morningstar Canada is offering a new tool designed to demonstrate the effects of holding any given fund within an RRSP, versus holding it in a non-registered account. Added to the usual Morningstar performance report is a tax-adjusted return, showing just what effect the various taxes applied to the fund have on the […]
By Steven Lamb |January 28, 2004
(January 28, 2004) Real-return bonds (RRBs) have received a vote of confidence from investors in a round of consultations carried out by the Bank of Canada. Both institutional and retail investors expect demand for RRBs to remain strong and say the federal government should continue to issue them. The central bank called for comments on […]
By Doug Watt |January 28, 2004
R elated Stories Stability ratings lead to more questions about income trusts Trusts will get more respect, expert says Regulators want more disclosure from income trusts Income trusts discipline company management He says that the much-talked-about theoretical unlimited liability issue has been used as the excuse for missing the boat by many managers. The resolution […]
By Steven Lamb |January 27, 2004
(January 27, 2004) Federal Finance Minister Ralph Goodale signalled today that he is prepared to tackle the thorny issue of securities reform and hinted he supports the national regulatory model outlined by the wise persons’ committee. “This is going to take some detailed analysis and some ongoing dialogue,” Goodale told reporters following a speech in […]
By Doug Watt |January 27, 2004
(January 30, 2004) The ongoing integration of Berkshire-TWC has resulted in job losses in Radville, Saskatchewan, where TWC is based. In a release, Berkshire-TWC said some jobs previously located in Radville are being transferred to Burlington, Ontario, home of Berkshire. No numbers were released, but Berkshire-TWC said there would be fewer jobs in Radville when […]
By Staff |January 26, 2004
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.