Industry News

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Industry

Briefly: “Mackenzie launches Founders Global Equity Class” and more news

Mackenzie Financial has introduced the Mackenzie Founders Global Equity Class, a new diversified global portfolio designed to provide long-term growth of capital. The fund combines the complementary styles of the Mackenzie Cundill and Mackenzie Ivy investment teams. It will invest predominantly in a select group of high-quality multinational companies based outside of Canada. Mackenzie Founders […]

By Staff |November 17, 2010

2 min read

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Industry

The philanthropic proposition

Elena Hoffstein is a partner in the law firm Fasken Martineau DuMoulin. Her practice includes personal tax and estate planning, family business succession planning, wills and trusts, corporate reorganizations, marriage contracts, and charities and not-for-profit law. This conversation focuses on philanthropy as part of an estate plan. Brayley: How often do you discuss philanthropy with […]

By Anne Brayley |November 17, 2010

5 min read

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Industry

Financial literacy key to prosperity

Although late to the party, Canada is considerably further ahead on the financial literacy continuum than the simple chronology of history suggests. Financial literacy, therefore, could have a measurable impact on the economic output of Canada, said Donald Stewart, CEO, Sun Life Financial, speaking at the Distinguished Advisor Conference (DAC) 2010 in Orlando, Florida. But […]

By Vikram Barhat |November 16, 2010

3 min read

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Industry

IIROC sets penalty against Magna Partners

A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) has ordered Magna Partners Ltd. to pay a $100,000 fine and $10,000 in costs. The penalty follows an agreed statement of facts and violations in which Magna Partners admitted to two violations of best price obligation rules. The panel’s Decision and Reasons on […]

By Staff |November 16, 2010

1 min read