Industry News

Dundee Wealth bids for IPC Financial

(December 27, 2002) Dundee Wealth Management, the parent company of Dynamic Mutual Funds, is again expanding its distribution network, today announcing a friendly cash and stock takeover bid for IPC Financial Network. Under the terms of the deal, each common share of IPC will be exchanged for $0.25 in cash, 0.05 of a common share […]

By Doug Watt |December 27, 2002

2 min read

Industry

2002 in review: Regulatory debate shifts to Ottawa

(December 24, 2002) The long-running debate over whether Canada needs a national securities regulator finally made it back on to the federal government’s agenda in 2002. Federal Finance Minister John Manley appointed Saskatchewan lawyer Harold MacKay to investigate possible ways to reform the country’s fragmented and costly regulatory system. MacKay recommended further study on the […]

By Doug Watt |December 24, 2002

3 min read

Industry

Canadian government bonds attract foreign buyers

(December 23, 2002) Foreign investors purchased $6.7 billion worth of Canadian government bonds in October, the largest bond investment of the year, Statistics Canada says. Foreigners also reduced their holdings of corporate bonds by $2.5 billion and divested $900 million in stocks. “Foreign acquisitions of Canadian bonds were largely in the secondary market for federal […]

By Doug Watt |December 23, 2002

2 min read

Industry

All the best for the holiday season from the Advisor group

(December 24, 2002) There’s a ritual that journalists go through this time of year. The last couple weeks of December bring two traditions few newsrooms can escape: the “year-ender” interview and the Christmas or New Year’s “message”. Advisor.ca is indeed posting the thoughts of some industry leaders about the year just past and the one […]

By Darin Diehl |December 23, 2002

2 min read