Margin borrowing remained more or less flat in April, the Investment Dealers Association of Canada reported Friday.
According to its latest data, the IDA reports that client margin borrowing ticked up to $6.7 billion in April from just over $6.6 billion in March. The level of margin debt revived a little, along with recovering markets.
However, margin debt remains a long way off its highs back in September 2000, when it hit almost $11.9 billion.
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Chief actuary says LifeWorks did not "respect the textual indications of the legislation"