Industry News

Canada Life rejects Manulife takeover offer as

(January 13, 2003) Canada Life came out swinging today in its battle to avoid being swallowed up by Manulife, rejecting Manulife’s hostile takeover bid as inadequate and urging shareholders to vote against the offer. “Everyone knows that Manulife’s offer is inadequate,” said Canada Life CEO David Nield in a conference call with analysts. “The analysts […]

By Doug Watt |January 13, 2003

2 min read

Industry

Taking stock on the rock: Advocis announces national conference details

(January 10, 2003) A panel of Canada’s leading economists and a group of award-winning advisors will highlight the inaugural Advocis conference, slated for June 11-14 in St. John’s, Newfoundland. It’s the first national conference for the newly merged Canadian Association of Financial Planners and the Canadian Association of Insurance and Financial Advisors. The conference includes […]

By Doug Watt |January 10, 2003

2 min read

Industry

Pension managers call for elimination of foreign content limit

(January 9, 2003) Two Canadian pension associations are asking the federal government to scrap the 30% foreign content limit on registered pension plans. A study commissioned by the Association of Canadian Pension Management and the Pension Investment Association of Canada concludes that eliminating the foreign content rule could be worth as much as $3 billion […]

By Doug Watt |January 9, 2003

2 min read

Industry

Canadian consumer confidence doubles: Poll

(January 9, 2003) A majority of Canadians see the economic good times continuing through 2003. That’s a marked difference from gloomy attitudes last year, according to a poll by Pollara. The survey, conducted for the Economic Club of Toronto, shows that 56% of Canadians think the economy will get better over the next 12 months. […]

By Scot Blythe |January 9, 2003

3 min read