Industry News

Debating society or real progress? Frustrated prospectors listen to securities regulators

(March 12, 2003) Major players in the move to reform Canada’s fragmented securities regulatory system came face to face with the disgruntled mining industry yesterday at the annual convention of the Prospectors & Developers Association of Canada (PDAC) in Toronto. Speaking on a panel organized by PDAC’s securities committee were David Brown, chair of the […]

By Caroline Cakebread |March 12, 2003

3 min read

Industry

OSC issues investor alert about foreign stock scams

(March 12, 2003) The Ontario Securities Commission has issued a warning about cross-border and foreign securities sales following a number of complaints from investors. The scams typically involve an offer to invest in futures, options or foreign exchanges through an American or foreign firm. The fraudsters claim that they do not have to be registered […]

By Doug Watt |March 12, 2003

1 min read

Industry

High-income earners on the rise, census reveals

(March 11, 2003) The number of high-salaried Canadians soared in the 1990s as more workers cashed in on their university education, the latest census reveals. Nearly 450,000 Canadians earned an annual salary of more than $100,000 in 2000, a 70% increase compared to 1990, Statistics Canada reported today. Among the high-income earners, 61% had a […]

By Doug Watt |March 11, 2003

2 min read

Industry

Performance only part of the fund sales story, report concludes

(March 11, 2003) Investment returns may help boost mutual fund sales, but there are other factors at play, according to a recent report from fund researcher Investor Economics. Industry players give investment performance too much credit for driving mutual fund sales and too much blame for sparking redemptions, says the report, called “Selling Steak or […]

By Doug Watt |March 11, 2003

2 min read