Industry News

Decorative pattern

Venture sector set to bounce back

(July 8, 2004) Venture capitalists are poised to start cashing in their positions, ending a three-year dry spell, as the economy improves according to David Ferguson, managing general partner of VenGrowth. In the late 1990s, venture capitalism was in a golden era. Deal sizes averaged over $24 million and venture capital (VC) firms were competing […]

By Steven Lamb |July 8, 2004

2 min read

Decorative pattern

Pension crisis overblown, survey suggests

(July 7, 2004) North America’s defined benefit pension (DB) plans are improving their financial positions, according to a new survey, and they should fare even better as interest rates rise. Toronto-based Dominion Bond Rating Service studied the DB plans of 296 North American companies in 16 industries. It found that although certain companies do have […]

By Doug Watt |July 7, 2004

2 min read

Decorative pattern

Study confirms oil’s impact on equities

(July 7, 2004) Canadians are all too aware of the effect oil prices have on everyday life. Life in a cold climate, an American style love-affair with cars and a massive resource sector can make the price of petroleum a hot topic. It might come as no surprise then, when academics find a correlation between […]

By Steven Lamb |July 7, 2004

3 min read

Decorative pattern

Funds see higher returns, sales in June

(July 6, 2004) Mutual fund performance improved in June, with 21 of 32 Morningstar Canada fund indices advancing, up from 18 in May, according to the investment funds analyst firm. Japanese equity funds were the top performers, with that index rising 3.6% in June. Japanese equity funds have also posted the best year-to-date performance, gaining […]

By Steven Lamb |July 6, 2004

2 min read

Decorative pattern

Canada poised to benefit from global upswing

(July 6, 2004) With a global economic upswing in progress, Canada is poised to take benefit from its internal, consumer strength, as well as through trade with the U.S. and China, according to a report out this morning from RBC Economics. “Canadian growth is on the upswing, domestic and external demand are healthy and the […]

By Steven Lamb |July 6, 2004

2 min read

Decorative pattern

Briefly:

(July 9, 2004) An annual review of investment counsel and portfolio managers conducted by the Ontario Securities Commission (OSC) reveals no significant improvement in overall compliance with regulatory guidelines. And although no new compliance problems have emerged, the number of deficiencies has actually increased in some categories, the regulator says. The most common deficiency involved […]

By Staff |July 5, 2004

7 min read

Decorative pattern

Bank advisors increasingly dominant

(July 5, 2004) After lagging behind the rest of the advice industry in the 1990s, Canada’s big banks are fast becoming the dominant players in the field, according to Toronto-based consultancy group, Investor Economics. Having probed the banks’ growth in the fund industry in its May issue of Investor Economics’ Insight, the June edition looks […]

By Steven Lamb |July 5, 2004

3 min read

Decorative pattern

Ontario seeks input on new rules for mortgage brokers

The Ontario government is proposing sweeping changes to the Mortgage Brokers Act, legislation that has not been significantly updated for 30 years. The Financial Services Commission of Ontario (FSCO) — the agency responsible for overseeing mortgage brokers in the province — says it wants to improve consumer protection, streamline regulation and harmonize Ontario’s rules with […]

By Doug Watt |July 2, 2004

2 min read

Decorative pattern

Ontario regulatory reform proposal unrealistic, Advocis says

(July 2, 2004) Ontario’s latest push for securities regulation reform is unlikely to be successful, according to the country’s largest association of financial advisors. Last week, Ontario Management Board chair Gerry Phillips unveiled a new proposal that would see the creation of a single regulatory agency enforcing one set of securities laws. At the same […]

By Doug Watt |July 2, 2004

3 min read

Decorative pattern

Advisors weigh in on election results

(June 30, 2004) B.C. advisor Beatrice Grant took more than a casual interest in Monday’s federal election. Grant worked with the Conservative party in her riding of South Surrey-White Rock-Cloverdale, helping candidate Russ Hiebert capture the seat with 43% of the vote. “He ran a really good campaign and I think he is going to […]

By Doug Watt |June 30, 2004

3 min read

← Previous 1 … 2,256 2,257 2,258 2,259 2,260 … 2,347 Next →