Industry News

Comment letters support best execution obligation

Let the computers do it. That was the take of many securities market participants filing comment letters in response to the Canadian Securities Administrators’ discussion paper on market structure developments and trade-through obligations. By and large, they indicated the centralized limit order book does a good job of exposing prices and helps dealers fulfill their […]

By Philip Porado |October 21, 2005

2 min read

IFIC asks Ottawa to boost RESP limits

The House of Commons Standing Committee on Finance is currently holding public hearings and pre-budget consultations. IFIC is among the list of contributors who responded to the Committee’s call for submissions in July. Past recommendations by industry members led to the government eliminating foreign content restrictions on registered savings plans earlier this year. After thanking […]

By Kate McCaffery |October 21, 2005

3 min read

CPP updates responsible investing policy

The CPP, which has been steadfast in its opposition to adopting socially responsible investing principles, has had a change of heart, announcing that it will consider environmental, social and governance factors as part of its investment process. In an updated responsible investing policy released on Thursday, the CPP investment board (CPPIB) said that while in […]

By Doug Watt |October 20, 2005

3 min read

Don’t sweat the small stuff

Investors need to learn to live with short-term shocks and accept that they will have little impact on the long-term performance of a diversified portfolio, according to the manager of the country’s largest bond fund. “The North American economy, and the Canadian economy in particular, are much more stable that you perceive,” says Satish Rai, […]

By Staff |October 20, 2005

3 min read