Industry News

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Industry

OSC grants fundcos extra year for refund

AIC: $58.8 million AIC: $58.8 million AGF: $29.2 million CI: $49.3 million IG: $19.2 million Franklin Templeton: $49.1 million The original orders were based on OSC findings that the five fund companies had allowed certain investors to move assets in and out of their funds on a short-term basis. Such movements are not prohibited, but […]

By Steven Lamb |July 2, 2008

2 min read

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Industry

Employers considering group TFSA plans

The tax-free savings account (TFSA) is expected to be a hit when it comes into effect in 2009, but it seems individual Canadians won’t be alone in taking advantage of the new savings vehicle; many employers have indicated they will be offering group TFSAs, according to a survey. A poll of more than 250 employers […]

By Jody White |July 2, 2008

2 min read

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Industry

Briefly:

(June 30, 2008) For most Canucks, Canada Day is a time to celebrate this country — not so for the Conference Board of Canada. On Monday, the Ottawa-based research organization said that Canada’s socio-economic performance is sliding. “Canada is losing ground to other countries that are better at exploiting their own advantages,” says Anne Golden, […]

By Staff |June 30, 2008

3 min read

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Industry

The human face of ESG investing

Imagine, at the tender age of 25 — when most people are starting their first careers — you are appointed a UN spokesperson, you write and release your memoir to critical acclaim, and you begin to travel the world to tell your tale as a child soldier. This is the of life Ishmael Beach. It’s […]

By Romana King |June 30, 2008

6 min read