Industry

Do’s and don’ts for advising trusts

Reader Alert: This is a follow-up story to ‘Puppet Trustees’ Get a Second Chance. Two lower court rulings in the Garron Family Trust et al. v. The Queen case established central management and control of trust assets, rather than the residence of trustees, as the key test for determining the residence of a trust. That […]

By Dean DiSpalatro |July 8, 2011

5 min read

Income a priority for ETF investors

Canadian fixed income ETFs experienced 8% growth in assets under management (AUM) in the second quarter of 2011, including $633 million in net new assets, according to information compiled by the iShares ETF business at BlackRock Asset Management Canada. Conversely, Canadian equity ETFs experienced an 8% contraction in AUM and $691 million in net outflows. […]

By Staff |July 7, 2011

1 min read

Waring buys back Galileo Global Equity Advisors

Galileo Global Equity Advisors today announced it has reached an agreement with Northland Bancorp Inc. to re-acquire majority ownership of Galileo Equity Advisors Inc. “I’m delighted to be resuming full ownership of the Galileo organization and I’d like to sincerely thank Northland for their strategic support over the past two years, and most especially our […]

By Staff |July 7, 2011

1 min read

More Cdns planning to buy first home

Whether it is renewed confidence in the economy or their own personal financial situation, more and more Canadians are looking to get into the housing market for the first time.

By John Powell |July 7, 2011

2 min read