News and resources for Canada's top financial advisors
Industry
(April 8, 2005) Clients don’t know much about it and most don’t qualify, but insurance companies say the market for critical illness (CI) insurance in Canada is huge and untapped. The market is relatively young here. CI is not fully understood by many who might sell it and the product in general is barely known […]
By Kate McCaffery |April 8, 2005
3 min read
Small businesses fail for a number of reasons, including lack of planning, poor management, inadequate funds, downturns in the economy, debt overload, etc. As you work with your small business clients, you will want to help them find financial solutions that bring stability to situations where they can be particularly vulnerable. You can help small […]
By Staff |April 7, 2005
1 min read
(April 7, 2005) The chief executive officer of the Toronto Stock Exchange says the three NAFTA countries should be viewed as a single market for securities. In his first speech in the U.S. since being appointed head of the TSX, Richard Nesbitt said that national borders are an “artificial and ineffective impediment” to investment. “Surely […]
By Doug Watt |April 7, 2005
(April 7, 2005) Despite their relatively short history on the investment landscape, the term “income trust” is already becoming a little dated. Due to differences between Canadian and U.S. tax law, new structures have been created to accommodate cross-border investment vehicles that accomplish the same goal — tax-efficient distribution of earnings. The future will likely […]
By Steven Lamb |April 7, 2005
The Manitoba Securities Commission will meet to decide the fate of labour fund company Crocus on May 6. Crocus halted trading in December and announced a portfolio review. The MSC alleges that the Crocus board “routinely and consistently” failed to determine the fair value of the common shares of the fund. Crocus board members were […]
By Doug Watt |April 6, 2005
(April 6, 2005) U.S. taxpayers who own an RRSP or an RRIF are getting a little bit of help with their tax filing requirements this year. The U.S. Internal Revenue Service (IRS) released a new tax form for reporting Canadian registered retirement accounts to replace older onerous reporting requirements. The catch is filling out the […]
By Kate McCaffery |April 6, 2005
(April 6, 2005) It has been quite a while since anyone has heard much about the Fair Dealing Model, the registration reform package initiated by the OSC in October 2002. Originally slated for release in the fourth quarter of 2004, draft rules are now expected to be available for comment “around the end of this […]
By Steven Lamb |April 6, 2005
(April 5, 2005) With the heavy-lifting of RRSP and tax season drawing to a close, it’s time to look ahead to the many industry conferences on the spring calendar. First out of the gate this year is the third annual world critical illness conference, coming to Toronto April 7-9. The theme of the conference is […]
By Staff |April 5, 2005
(April 5, 2005) Keep an eye on the pension universe in the next couple of years. Changes to the way companies administer their pension plans mean clients will probably be making more investment decisions related to those plans and funding formula changes are probably going to affect what they get at the end of the […]
By Kate McCaffery |April 5, 2005
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