Industry News

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Industry

New treasurer’s association launches in Canada

(February 28, 2005) The newest association on the street doesn’t cater directly to financial advisors, but it could have an impact on market practices, that is if it gets past being just another association. The Association for Financial Professionals (AFP) of Canada is primarily aimed at treasury and finance types, the cash handlers in the […]

By Kate McCaffery |February 28, 2005

2 min read

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Industry

OSC settles with Franklin Templeton

(February 28, 2005) The Ontario Securities Commission is putting the finishing touches on its probe of the mutual fund industry, today announcing that it has reached a settlement agreement with Franklin Templeton, the last of five fund companies identified by the regulator as engaging in market timing practices. Details of the agreement will be announced […]

By Doug Watt |February 28, 2005

2 min read

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Industry

Crunch time: Dealing with RRSP procrastinators

(February 25, 2005) The RRSP deadline is just a few business days away and it’s time to face up to those last-minute contributors. Investment habits might be changing, but every client base has its procrastinators. Branch managers are booked solid — Lisa Ball, regional manager of BMO Mutual Funds in Halifax is expecting big sales […]

By Kate McCaffery |February 25, 2005

3 min read

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Industry

Charities feeling slighted by Ottawa

(February 25, 2005) This week’s federal budget was billed as having something for everyone, but charities were left out in the cold. Still, Ottawa’s failure to act on charitable giving is no crisis, one expert says. Sector pundits had been hoping the budget could propose the outright elimination of capital gains tax on gifts of […]

By Heidi Staseson |February 25, 2005

3 min read