Industry News

Dynamic added to Transamerica’s TOP Portfolios

Transamerica Life Canada has announced the addition of Dynamic Funds to its list of approved partners, making Dynamic funds eligible for inclusion in Transamerica’s TOP Portfolios. “Dynamic brings a lot to the table in terms of funds that we feel will complement our portfolios very nicely,” said Geraldo Ferreira, vice-president of product development and management […]

December 14, 2010

1 min read

Economic Indicators

Carney debunks cheap money strategy

It was a gloomy economic outlook gift wrapped in the promise of a low interest environment. The temptingly titled Live with Low for Long speech by Mark Carney, governor, Bank of Canada, was anything but the Christmas gift it sounded like. Speaking at the Economic Club of Canada in Toronto, Carney said interest rates at […]

By Vikram Barhat |December 14, 2010

3 min read

Industry

AMF files suit against Hershey Rosen

The Autorité des marchés financiers (AMF) has launched a penal proceeding against Hershey Rosen in the Court of Quebec, district of Montreal, and is seeking $810,000 in fines and a prison term in connection with this matter.

December 14, 2010

1 min read

Industry

Cdns looking forward to a Happy finanacial New Year

Tis the season to make promises to ourselves. Canadians are looking ahead to 2011 and promising to be better with their money, according to a survey by TD Bank Financial Group. Whether they follow through on that promise remains to be seen, but 62% said they aren’t waiting for the New Year to roll around […]

By Steven Lamb |December 13, 2010

1 min read

U.S. estate uncertainty still exists

Grandma still has time to get run over by a reindeer. Could it be? An early Christmas present from President Obama and the U.S. Congress? Well, if the Democrats in the U.S. House get their way over the next few days, that present will be a little smaller. So what am I talking about? As […]

3 min read

Paying the price for greed

Greed, in the context of the world economy, was a prominent topic of discussion leading up to 2008. Today though, after the crash, greed has been replaced by fear. From bad debt and lower consumer spending to falling home prices and high unemployment in the U.S., Europe and Japan, we’re paying the price for our […]

By David Sung |December 13, 2010

5 min read

Donor advised funds: Flexible philanthropy

Donor advised funds have come a long way as an efficient charitable giving vehicle. Particularly in Canada, it is a gift planning tool of choice for those who don’t wish to make direct donations to charities. “It’s essentially a segregated fund within a public foundation or charitable organization,” said Joshua Thorne, manager, philanthropic advisory services, […]

By Vikram Barhat |December 9, 2010

4 min read

AGF, Acuity talking synergies

It may have come as a surprise to industry watchers, but to hear AGF president Blake Goldring and Acuity CEO Ian Ihnatowycz tell the story, a merger between the two Toronto-based mutual fund firms was only a matter of time.

By Doug Watt |December 9, 2010

3 min read

WCM winners announced

Women in Capital Markets is pleased to announce the winners of the 2010 WCM Executive Coaching Award Program, sponsored by BMO Nesbitt Burns. This is the third year of the program, which provides career coaching and development services from Felix Global Corp. to qualified senior women working in the capital markets in Canada.

By Steven Lamb |December 8, 2010

2 min read