Home Newspaper News Page 72

Latest news in News

Vencap activity tumbles

Recent declines in the level of venture-capital funding in Canada could lead to a brain drain and job losses, as well as have a negative…

Former Seamark hands launch new venture

LeeSide Capital Management’s three co-founders plan to start with segregated accounts and expand into mutual funds

MFDA governance woes

What started as an internal governance dispute involving some members of the Mutual Fund Dealers Association of Canada has boiled over into a public review…

IE fund manager of the year: Looking for fledgling companies

When Normand Lamarche, senior portfolio manager with Front Street Capital in Toronto, looks for investment opportunities, he tries to visualize the future composition of the…

  • By: Jade Hemeon
  • December 7, 2009 December 7, 2009
  • 13:03

Quiet guidance, measured results

Danielle Boulet, head of the national council for insurance regulators, outlines a full agenda

Equity for some PFSL advisors after sale by Citigroup

U.S. parent hopes to raise US$100 million by taking PFSL public in 2010

Are financial advisors neglecting credit-stressed Canadians?

The president of a financial planning firm that specializes in helping clients get out of debt says most financial services firms are neglecting clients with…

The true cost of the bailouts

Although the financial system has survived intact, consequences may be severe

Banks lay out the course of the Canadian recovery

For the first time, every province is expected to slump simultaneously; but a broad-based recovery is likely to begin next year

A swifter road to justice

Regulators propose ways to minimize the costs of investigating fraud

Lack of consensus poses risks to all provinces

Those opting out of national regulator could be left behind; others, neglecting much-needed reforms

Payments under scrutiny

Inquiry in Australia could propose new rules (IE:TV)

Macquarie Group takes a step into wealth management

The purchase of Blackmont Capital is a perfect fit, says the executive director of Macquarie’s full-service brokerage in Australia

Big reforms are in the wind

Pensions

Investor protection is Priority No. 1

The head of FAIR Canada says the new investor rights advocacy group is filling a necessary role

Canadian banks on solid footing despite rising loan losses

Risk management gets thumbs-up from DBRS; Canada has the world’s soundest banking system, says World Economic Forum

Problems related to systemic risk need to be addressed

Government interventions to save the financial system a year ago have created “possibly the biggest moral hazard in history”

Deposit-takers gird for battle

Canadian financial institutions are duking it out in an increasingly competitive market for deposits, whether the new business comes through deposit brokers or directly from…

Investors face significant losses due to exemptions

Three unique experiences lead some to ask: shouldn’t a company be required to register once it reaches a certain size?

Regional dealer continues to grow despite recession

Vancouver-based PI Financial is moving forward with its expansion strategy, including the acquisition of similar firms

Court to rule on national securities regulator

While transition committee proceeds, three provinces decline to appoint representatives

New credit card rules to protect consumers

Extra information provided to clients in statements will reveal that credit cards can act as “financial weapons of mass destruction”

  • By: Paul Brent
  • November 2, 2009 November 2, 2009
  • 10:53

B.C. legislation to help consumers and insurers

Improved coverage and dispute resolution among consumer perks; insurance firms look forward to reduced red tape

  • By: Brian Lewis
  • November 2, 2009 November 2, 2009
  • 10:53

Tax court revises the rules on residence of offshore trusts

Key decision-making by a foreign trustee will play a crucial role in tax treatment

Insurers continue to shore up capital reserves

Although many will be looking for opportunities with their new-found capital, Manulife is a unique case