Industry News

Fixed income tumbles in Q1: IIAC

Don’t expect any bright lights at the end of the long fixed-income tunnel anytime soon — the market continues to spiral downward with no end in sight. A new Investment Industry Association of Canada (IIAC) debt issuance report reveals that total issuance in the debt market dropped to $41.4 billion; that’s an 18% decrease over […]

By Bryan Borzykowski |July 25, 2008

3 min read

By The Book:

(July 24, 2008) Withholding information can be costly, especially if you’re dealing with the Investment Industry Regulatory Organization of Canada. IIROC — formerly the Investment Dealers Association of Canada — charged John D.W. Buskell $50,000 for failing to provide the organization information related to an ongoing investigation. Besides the fine, Buskell is permanently banned from […]

By Staff |July 24, 2008

1 min read

On The Shelf:

(July 24, 2008)RBC Manulife Investments has launched a new series of principal protected notes. The Global Balanced Plus Deposit Notes will be tied to the performance of three funds: the Mawer World Investment Fund, the Manulife Strategic Income Fund and the Manulife Canadian Core Fund. Bob Tillmann, vice-president of marketing and business development at Manulife, […]

By Staff |July 24, 2008

1 min read

Briefly:

(July 24, 2008) Canada’s banking sector just got a little bigger. This week the government awarded a charter to Jameson Bank, making it one of 22 schedule I institutions. With the charter, Jameson also becomes the first treasury bank in Canada and the first privately owned schedule I bank in Ontario. For the past 19 […]

By Staff |July 24, 2008

1 min read