News and resources for Canada's top financial advisors
Industry
(April 25, 2003) Members of Manitoba’s investment community were warned to brace for — but not fear — continued regulatory change at a “Meet the Regulators” conference yesterday in Winnipeg. Don Murray, chair of the Manitoba Securities Commission (MSC), told the 200 in attendance that increased regulation and checks and balances aren’t designed to hurt […]
By Geoff Kirbyson |April 25, 2003
3 min read
(April 25, 2003) A discussion on the merits of fee-based versus commission advice took flight this month in the Talvest Town Hall. A participant in the online forum argued that since the advent of the mutual fund and its various commission structures, clients don’t really know what they’re paying for, or where their money is […]
By Doug Watt |April 25, 2003
2 min read
(April 24, 2003) Canadian government debt is on the decline thanks to the recent focus on balanced budgets, according to a study released today by the Fraser Institute. Federal, provincial and municipal debt was $797 billion in 2001, down from $851 billion in 1996. However, the debt drop was more than offset by increases in […]
By Doug Watt |April 24, 2003
Cette page appelle le pop-up….
By Staff |April 23, 2003
1 min read
(April 23, 2003) Nearly half of Canada’s millionaires have switched financial advisors in the last five years, often due to lack of contact, suggests a survey of high net worth clients conducted by the Stenner Group in Vancouver. Most respondents report having a good relationship with their advisor. However, in the past five years, 43% […]
By Doug Watt |April 23, 2003
(April 23, 2003) The Bank of Canada today lowered its forecast for economic growth and said it would likely have to raise interest rates later in the year to keep inflation in check. Governor David Dodge also said that the SARS outbreak in Toronto could impact the Canadian economy, but added it’s impossible to say […]
(April 22, 2003) RRSPs are a terrible investment for lower income Canadians nearing retirement because most of the proceeds will be lost to taxes and clawbacks, according to a study released today by the C.D. Howe Institute. Study author Richard Shillington calls the situation “perverse” and urges financial advisors to stop spreading the myth that […]
By Doug Watt |April 22, 2003
(April 21, 2003) Canada’s pension industry felt the bear market pinch again in 2002, with assets and returns declining for the second straight year, according to Benefits Canada’s annual survey of the top 100 pension funds. Assets fell nearly 6% last year, the largest decline since the survey was introduced 23 years ago. The 100 […]
By Doug Watt |April 21, 2003
(April 21, 2003) The Ontario Securities Commission says the removal of investment restrictions has led to a dramatic increase in new financing for small- and medium-sized businesses in the province. An OSC report concludes that the number and value of new financings in Ontario has tripled since the change was introduced in 2001. From 1995 […]
Planning and Advice
One of the greatest challenges we face as advisors is building larger teams to service the needs of our clients. Our employees gain a tremendous amount of knowledge as they mature in their current positions. So how do we facilitate passing on this “brain trust” to a new hire or replacement? This task can be […]
By W. Lloyd Williams |April 18, 2003
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