Industry News

Decorative pattern

Industry

Turning the tide, in this month’s Advisor’s Edge

(September 10, 2004) It was only a matter of time before the banks took steps to stem the flow of top producers heading out their doors. But how do they counter the allure of the boutiques? That’s the question tackled in the September issue of Advisor’s Edge. “Our cover story is called ‘Half Empty’ and […]

By Steven Lamb |September 10, 2004

2 min read

Decorative pattern

Industry

Soft dollar probe creating

(September 10, 2004) Independent U.S. financial research firms are suffering from the recent scrutiny of soft dollar arrangements, a newly-released survey suggests. But at this point, it’s not as big an issue in Canada, says the head of a Toronto-based independent research company. The U.S. Securities and Exchange Commission (SEC) has launched a task force […]

By Doug Watt |September 10, 2004

3 min read

Decorative pattern

Industry

Canada Savings Bonds still useful, advisor says

(September 9, 2004) Despite advice to the contrary, the federal government insists it will not scrap Canada Savings Bonds. While they may never make you rich, they still offer a couple of advantages for certain clients, according to one advisor. Last week, federal Finance Minister Ralph Goodale said that the CSB program would be reviewed […]

By Steven Lamb |September 9, 2004

3 min read

Decorative pattern

Industry

Central bank bumps up interest rates

(September 8, 2004) For the first time in nearly a year-and-a-half, the Bank of Canada has raised interest rates, bumping up the overnight lending rate 25 basis points to 2.25%. In a statement accompanying today’s decision, the central bank noted that economic growth in the first half of the year was stronger than expected, “largely […]

By Doug Watt |September 8, 2004

2 min read