Industry News

Survey: Lack of financial literacy taking its toll

Rising personal debt loads and insufficient retirement savings seem to be pointing to the fact that financial literacy education should start at an earlier age in Canada.

By John Powell |January 5, 2011

2 min read

Hub International goes shopping

Hub International Limited, the Chicago-based parent of Hub Financial, has acquired the assets of Phoenix Insurance Group Grande Prairie Inc., an Alberta-based insurance brokerage and part of the overall Phoenix Insurance Group. The firm will become part of Hub International Barton (Hub Barton) within the Hub International Canada West region. The three partners of the […]

By Steven Lamb |January 5, 2011

2 min read

MFDA issues reasons for decision on Excel Financial Growth

A Hearing Panel of the Central Regional Council of the MFDA has issued its Reasons for Decision in connection with the settlement hearing held in Toronto, Ontario on August 20, 2010 in the matter Excel Financial Growth Inc. A copy of the Hearing Panel’s Reasons for Decision is available here, or on the MFDA website […]

By Staff |January 5, 2011

1 min read

Resource focus paid off in 2010

Soaring commodity prices helped drive Canadian equity funds higher in 2010, marking a second consecutive year of gains, according to data from Morningstar Canada. In fact, all but two of Morningstar’s 44 fund categories ended the year with positive returns. The top performing fund category was the Precious Metals Equity Fund Index, which gained a […]

By Steven Lamb |January 5, 2011

2 min read