Industry News

Briefly: “Genuity scoops Scotia team” and more news

Genuity Capital Markets has hired David Tyerman, formerly with Scotia Capital, along with his equity research team, which covers the auto parts, industrial products and transportation sectors. The Toronto-based team, which includes Neil Forster and Chris Bowes, started with Genuity today. Tyerman has covered the auto-parts sector since 1997, in addition to other industrial companies. […]

By Staff |March 30, 2009

2 min read

Ontario budget gets mixed reviews

Ontario’s financial services industry seems to be welcoming yesterday’s budget by the Ontario government — albeit with caution. In particular, the unknown impact that the harmonized sales tax (HST) will have on fund investments remains a concern. The reduction in corporate tax rates that comes along with the harmonized sales tax is definitely a positive […]

By Mark Noble |March 27, 2009

6 min read

Friday’s close: Blythe on blogs, your letters and must-read news

Friday’s close is a new initiative to bring you something a little different — Scot Blythe presents his new, weekly round-up of the buzz on financial blogs called Tracking error, we bring you letters to the editor (send yours to editor@advisor.ca), must-read articles, quotes of the week and occasionally a funny or useful story to […]

By Staff |March 27, 2009

3 min read

Superheroes, seg funds popular in tough times

Supermodels are getting fatter, movie box office sales are up 17.5% over last year, and lipstick has its own index. With no end in sight to the bear market, escapism appears to be trumping pragmatism. Investors are no exception. The reality of a market correction that has seen many lose 25% or more over the […]

By Brynna Leslie |March 27, 2009

4 min read