Industry News

OSC creates separate investment funds branch

(January 29, 2003) The Ontario Securities Commission is consolidating two staff groups working on investment funds policy into a new branch and putting them under a new director. Susan Silma is the new director of the Investment Funds Branch at the OSC. A lawyer with an MBA, Silma was general counsel for Working Ventures, which […]

By Scot Blythe |January 29, 2003

2 min read

Industry

Investors paying closer attention to fund fees,

(January 28, 2003) As markets continue to underperform, investors are paying more attention to mutual fund fees, according to Maclean’s annual ranking of Canadian mutual funds. Some of those fees are on the rise, the survey indicates. According to Morningstar Canada, who conducted the survey for Maclean’s, management expense ratios (MERs) have been increasing for […]

By Doug Watt |January 28, 2003

3 min read

Industry

Geopolitical wild cards could derail growth in 2003, say economists

(January 27, 2003) Look out for wild cards such as a war with Iraq in 2003, economists say. Consulting firm Watson Wyatt gathers projections from Canada’s leading economists and portfolio managers for its annual survey of economic expectations, released last week. The survey contains positive forecasts for some key economic indicators, with economists expecting the […]

By Caroline Cakebread |January 27, 2003

3 min read

Industry

Advisors conquer Kilimanjaro to raise $155,000 for charity

(January 24, 2003) It’s a birthday Steve Meehan will never forget. The chief executive officer at IPC Financial Network reached the summit of Mount Kilimanjaro on January 12, along with a group of advisors from the Investment Planning Counsel of Canada. The climbers were raising money for the Make-A-Wish Foundation of Canada. The adventure began […]

By Doug Watt |January 24, 2003

2 min read