Industry News

Decorative pattern

A bumpy ride

It has been a record-breaking year for the markets in 2006. The S&P/TSX Composite Index and the Dow Jones both topped 12,000 for the first time ever; oil’s gone from $60 a barrel to a record $78 and back down again; gold hit a 26-year high of $732 an ounce; and income trusts fell out […]

By Craig Sebastiano |December 22, 2006

3 min read

Decorative pattern

Happy holidays from Advisor.ca

Our offices will re-open on Wednesday, December 27 with daily news coverage and the resumption of our morning and afternoon e-mails. From all of us, we wish you the very best of the season and thank you for your support in 2006.

By Staff |December 22, 2006

1 min read

Decorative pattern

Briefly:

(December 21, 2006) The CSA is seeking comment on a proposed national instrument that would harmonize prospectus requirements across the country. National Instrument 41-101 General Prospectus Requirements, would provide a seamless and transparent set of general prospectus requirements. Currently, all CSA jurisdictions have similar but not identical prospectus requirements. “The major achievement of this proposal […]

By Staff |December 21, 2006

2 min read

Decorative pattern

Canadians less charitable than Americans, survey reveals

Although Canadians may like to think of themselves as more charitable than their U.S. neighbours, a new survey suggests that’s simply not the case. According to the Fraser Institute, the average value of charitable donations in Canada, based on income tax returns, is $1,214, compared to the U.S. average of $4,021 US. Wyoming has the […]

By Doug Watt |December 21, 2006

2 min read

Decorative pattern

Briefly:

(December 20, 2006) The majority of Canadians believe it’s a good time to invest in both RRSPs and RESPs, according to a survey released by Manulife Financial. Seventy-one per cent of those questioned for the insurance firm’s quarterly investor sentiment index said it’s either a good or very good time to invest in RRSPs, with […]

By Staff |December 20, 2006

2 min read

Decorative pattern

Managers turning optimistic on equities

Institutional money managers have taken a more positive outlook on the overall Canadian equity market, with bulls outnumbering bears for the first time since December 2005, according to the latest Russell Investment Manager Outlook survey. That is not to say they are throwing caution to the wind, however, as the greatest portion of respondents fall […]

By Steven Lamb |December 20, 2006

3 min read

Decorative pattern

IDA, RS name president of merged entity

The IDA has named the head of the new self-regulatory organization that will be created by the proposed merger with Market Regulation Services Inc. (RS). Susan Wolburgh Jenah will be the new SRO’s first president and CEO. Wolburgh Jenah is currently the vice-chair at the Ontario Securities Commission, a member of the board of directors […]

By Steven Lamb |December 20, 2006

2 min read

Decorative pattern

Briefly:

(December 19, 2006) Regulators have issued a warning to investors about the recent tidal wave of spam e-mails promoting “hot stocks.” A growing proportion of spam e-mails is related to stocks, where someone who doesn’t know you tries to get you to buy into a certain company, the Canadian Securities Administrators said in a recent […]

By Staff |December 19, 2006

3 min read

Decorative pattern

Radlo says goodbye to Fidelity

Fidelity Investments has been forced to shuffle its lineup of managers, after the sudden departure of Alan Radlo, announced late yesterday. Until last night, Radlo managed more than $9.6 billion in assets, just under a quarter of Fidelity Canada’s total assets of $38.8 billion, including the Fidelity Canadian Growth Company Fund, Fidelity NorthStar Fund and […]

By Steven Lamb |December 19, 2006

2 min read

Decorative pattern

Briefly:

(December 18, 2006) Home ownership is the number one financial goal for Canadians, according to a new survey, with saving for retirement a close second. Sixty-one percent of poll respondents said home ownership is their most important financial objective; 56% said retirement savings; and reducing debt came in third, at 53%. “Canadians want to make […]

By Staff |December 18, 2006

3 min read

← Previous 1 … 1,944 1,945 1,946 1,947 1,948 … 2,188 Next →