Plus, CIRO asks for DIY comment, population growth stalls and pension fund cap lifted ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

In this week's edition

Chrystia Freeland makes her move

CIRO seeks input on serving DIY clients

Canada's slowing population growth

Pension fund ownership limit removed

Fall economic statement released after Freeland resignation delay

Canada’s federal deficit for the 2023-24 fiscal year was estimated at $61.9 billion in this week’s fall economic statement. Four headlines for financial advisors.

CIRO asks for industry comments on OEO dealers serving DIY clients

The Canadian Investment Regulatory Organization has asked for input on how order-execution-only dealers can best meet the needs of DIY investors.

Canada’s quarterly population growth hits slowest pace since early 2022

Statistics Canada estimates the national population increased by just 176,699 people between July 1 and Oct. 1, the slowest growth since Q1 2022. Canada’s population is now close to 41.5 million people.

Ottawa to remove 30% investment cap for Canadian pension funds

In an effort to attract much-needed capital to domestic investments, Ottawa announced it would eliminate the 30% ownership restriction on Canadian pension funds.

Kevin Press

EDITORIAL DIRECTOR

kevin@newcom.ca

Kevin Press is editorial director for Advisor.ca and its sister publication, Investment Executive. Reach him at kevin@newcom.ca