Industry News

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Industry

Triple digit oil shackles growth: Rubin

Managing Editor Melissa Shin reports live from the 4th Annual CFA Day in Vancouver, British Columbia on June 9th. The keynote speaker at the event will be former Chief Economist and Managing Director of CIBC World Markets, author and media personality, Jeff Rubin. To read and follow Melissa’s coverage, bookmark and revisit this page. And […]

By Melissa Shin |June 10, 2011

10 min read

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Industry

Standard Life adjusts five fund mandates

Standard Life Mutual Funds has received securityholder approval to change the investment objectives of five of its funds. The affected funds are its Global Monthly Income Fund, Canadian Dividend Growth Fund, Canadian Dividend Growth Class, Dividend Income Fund and Canadian Small Cap Fund. The investment strategies will be amended to reflect the new objectives and […]

By Staff |June 10, 2011

2 min read

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Industry

Sprott to merge Growth, Small Cap funds

Sprott Asset Management has proposed the merger of its Sprott Growth Fund into Sprott Small Cap Equity Fund, saying investors would benefits from the creation a more cost-efficient fund. The company has closed the growth fund to new money immediately. Allan Jacobs and Peter Imhof are expected to remain as managers of the Small Cap […]

By Staff |June 10, 2011

1 min read

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Estate Planning

CRA on the prowl

More and more, the Canada Revenue Agency is taking a keen interest in how companies, both small and large, structure their tax planning. And it is asking increasingly intrusive questions—not quite audits, but compelling questionnaires. All of this is the name of the GAAR: the General Anti-Avoidance Rule promulgated some 20 years ago. Still, while […]

By Scot Blythe |June 9, 2011

5 min read