Newspaper April 2017

April 2017

Front Page

Genetic testing could open a Pandora’s box, some warn

Committee proposes restrictions on the use of advisors' titles

News

The Big Six banks all had double-digit increases in income, with all major divisions reporting stronger results

Scott Findlay, the new head of the IFB, says that maintaining the independence of financial advisors is crucial to ensuring that clients have the best…

Survey suggests more women than men are confused by financial jargon, and women tend to avoid investment risk

Regulators’ Report Card

Many of the increases in regulators' ratings suggest dealers understand the tough job the regulators have to do. (Includes chart.)

Regulators earn kudos for creating pertinent resources and connecting company executives to knowledgeable people on the ground

Some describe the investigative process as a "witch hunt." Others believe enforcement teams consider each situation carefully

Some firms are dropping more and more of their smallest clients. Other firms adamantly oppose the practice

Many say the industry should be acting in clients' best interest - and regulators should introduce a standard that would apply to dealers and advisors

Compliance officers (COs) and company executives in Canada's investment industry shared their views about the regulators that oversee their businesses once again

Being open with auditors will help them go the extra mile and be as flexible as they can on certain mandates

Building Your Business

Many baby-boomer parents are assisting their grown children financially by permitting them to move back home. These parents could be jeopardizing their own retirement plans

Canadians squander $31 billion worth of food every year. Food literacy - understanding how food is grown - along with a little creativity in the…

Greg Walsh became a financial advisor after a successful stint as a restaurateur in Taiwan. An early brush with the investment industry showed him a…

Several factors, both internal and external, will determine when you should sell your practice. To help ensure you make the right decision, you must ask…

Focus on Products

U.S. President Donald Trump's pro-business policies also support prices

Financial advisors may need to alter expected returns in planning software to provide better data for clients

First Asset Capital Corp. of Toronto has combined four of its mutual funds. First Asset Canadian Convertible Debenture Fund has been merged with First Asset…

Toronto-based BMO Investments Inc. has made several portfolio-management changes to its mutual funds. Toronto-based Monegy Inc. no longer is portfolio manager for BMO Floating Rate…

Toronto-based Invesco Canada Ltd. has added two ETFs to its product lineup. PowerShares S&P 500 High Dividend Low Volatility Index ETF is designed to replicate…

Toronto-based CI Investments Inc. will offer certain clients fee discounts – automatically. Individual accounts of at least $150,000 or family groups with aggregate assets of…

Investment research

The near-term prospects for a significant rise in inflation, which would push bond yields upward, are dim. But if inflation rises before real-return bonds (RRB)…

A building boom could fuel steel stocks. But producers may find ramping up capacity that may not be needed could be costly

Comment & Insight

Premier Philippe Couillard’s Quebec Liberals were elected in 2014 on a promise to take care of business, to deal with “the real issues” – better…

Although the pillars of the Newfoundland and Labrador economy are suffering, a few bright spots, such as tourism and mining, are showing surprising resilience

Oil prices are still unimpressive and oilsands producers are shrinking, but pipeline approvals and rising demand are expected to bring brighter days for the energy…

Trudeau appears to be adopting a darker narrative, one that tries to address the growing anger of a middle class that feels left behind