Industry News

Is there no place like the home construction sector?

Untitled Document Without much fanfare, one of last year’s losers is now rounding third base on the way to a homerun. Nobody expected it to be a winner this year. Given its record lately, it likely will be. That sector is home construction, which includes makers of building materials, construction, architecture and engineering firms, as […]

By Staff |May 2, 2003

2 min read

Conference organizers offer reassurances as SARS fears fade

(May 1, 2003) As Toronto moves toward containment of the SARS outbreak, financial conference organizers are taking steps to remind attendees that the majority of events are going ahead as scheduled. Yesterday, the Canadian Pension and Benefits Institute (CPBI) issued a public response to inquiries about its national conference, set for June 4-6 at the […]

By Doug Watt |May 1, 2003

2 min read

Analyst questions Mackenzie’s fund manager moves

(April 30, 2003) Mackenzie Financial’s recent move to sever ties with Janus Capital is being welcomed by fund industry analysts. But not everyone is sold on the managerial changes Mackenzie plans for the Janus funds. Last week, Mackenzie announced the termination of Janus as lead manager of the Janus American and Janus Global Equity funds. […]

By Doug Watt |April 30, 2003

3 min read

OSC reprimands and fines Costello, leaves door open for further sanctions

(April 30, 2003) The Ontario Securities Commission (OSC) has ordered a review of Brian Costello’s recent activities to determine if he is still in the financial advice business. The financial commentator has been reprimanded and ordered to pay $300,000 in investigative costs. In February, an OSC panel ruled that Costello had violated provincial securities law […]

By Doug Watt |April 30, 2003

3 min read