Industry News

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Grow your business with Socially Responsible Investing (SRI)

Still think socially responsible investing (SRI) is only for fringe investors who care more about the environment than they do about returns? You may be surprised to discover who’s investing responsibly and just how profitable it can be for them – and you. Between 1998 and 2000, sales of socially responsible mutual funds in Canada […]

By Staff |December 2, 2002

2 min read

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A time for reflection in the Talvest Town Hall

(November 29, 2002) The year 2002 was the Year of the Horse in the Chinese Lunar Calendar, but for investors and financial advisors it was another Year of the Bear. The end of the year is always a time of reflection so Advisor.ca’s Talvest Town Hall wants to hear from advisors about their 2002 year […]

By Jim MacDonald |November 29, 2002

2 min read

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Financial consumer complaint service officially launched

(November 29, 2002) Canadian consumers now have access to a national call centre and Web site dedicated to handling complaints about the country’s financial services industry. The Centre for the Financial Services OmbudsNetwork, first announced last December, was officially launched today. The centre, based in Toronto, will act as a clearinghouse for questions about the […]

By Doug Watt |November 29, 2002

3 min read

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Investor Behaviour, A roller coaster of emotions!

Managing Emotions Whether it’s euphoria or anxiety, allowing emotions to seep into investment decisions can be costly. Instead, prudent investors should aim to emulate the unemotional approach of a professional portfolio manager, a mindset that can be achieved with solid due diligence, a disciplined investment process and a sense of perspective, according to three frontline […]

By Staff |November 29, 2002

2 min read

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Romanow report viewed as positive for pension plan sponsors

(November 29, 2002) The Romanow report’s recommendations, particularly its suggestions for reducing the impact of drug costs and taking the financial burden of home care off employers’ shoulders, should be good news for pension plan sponsors, consultants say. Roy Romanow tabled his report on the future of healthcare in Canada yesterday. The report proposes that […]

By Anna Sharratt |November 29, 2002

4 min read

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CAIFA/CAFP to amalgamate via special act of Parliament

(November 29, 2002) The amalgamation of Canada’s two biggest professional organizations for financial advisors has entered its final stage — the parliamentary phase. The Canadian Association of Financial Planners and Canadian Association of Insurance and Financial Advisors are uniting to form the Financial Advisors Association of Canada, which will be known publicly as Advocis. The […]

By Jim MacDonald |November 29, 2002

2 min read

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Commons finance committee calls for higher RRSP/RPP limits

(November 29, 2002) The influential Commons finance committee says the federal government should raise annual RRSP and RPP contribution limits to $19,000. The House of Commons Standing Committee on Finance has held a series of pre-budget consultations and released its report to Finance Minister John Manley today. This is the committee’s contribution to the budget-making […]

By Jim MacDonald |November 29, 2002

2 min read

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Romanow says medicare system needs an extra $15 billion from Ottawa

Prescription for health: Healthcare financial planning solutions for Canadians Few clients save for a sick day, says survey of Canadian advisors New taxes could pay for additional healthcare funding, Senate committee suggests “The new money that I propose investing in healthcare is to stabilize the system over the short term and then to buy enduring […]

By Doug Watt |November 28, 2002

1 min read

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Despite Romanow’s optimism, advisors recommend

New taxes could pay for additional healthcare funding, Senate committee suggests Romanow says medicare system needs an extra $15 billion from Ottawa (November 28, 2002) The Romanow commission report may cause the federal government to pump more cash into Canada’s medicare system but financial advisors still believe their clients should expect to pay for at […]

By Deanne N. Gage |November 28, 2002

3 min read

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Romanow’s vision of healthcare challenged

Romanow says medicare system needs an extra $15 billion from Ottawa Despite Romanow’s optimism, advisors recommend “defensive” healthcare planning (November 28, 2002) Roy Romanow’s prescription for improving the public healthcare system does not include innovations meant to encourage Canadians to plan for the financing of future medical costs. Romanow recommended more government funding for medicare […]

By Jim MacDonald |November 28, 2002

5 min read

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