Industry

Horizons launches junior energy ETF

BetaPro Management has launched the Horizons GMP Junior Oil and Gas Index ETF, which offers exposure to an index of Canadian-based junior energy production companies. As the name suggests, the index was developed by GMP Securities. The ETF seeks to replicate, to the extent possible, the performance of the GMP Junior Oil and Gas Index, […]

By Staff |February 23, 2011

1 min read

PRPP support “virtually unanimous”: CLHIA

An overwhelming majority of Canadians say they want a program that makes it easier for employers to offer a pension plan, according to a Research House survey commissioned by the Canadian Life and Health Insurance Association (CLHIA). The results show 90% of Canadians support the federal government’s proposal to improve employer access to pension plans […]

By Staff |February 22, 2011

2 min read

Advisors set new records in 2010

North American advisors have enjoyed a substantial bounce back from the recession, with both asset levels and production reaching new highs by the end of 2010, according to a report from PriceMetrix. “The general health of the retail wealth management industry is improving. In many areas it has recovered from the downturn of 2008/2009 to […]

By Steven Lamb |February 22, 2011

2 min read

WFG pref-holder rejects Desjardins terms

The Desjardins Financial takeover of Western Financial Group has hit a small snag, with one long-term fixed income holder recommending that others not sell their preferred shares. Crystalline Management Inc., portfolio manager of the Amethyst Arbitrage Fund, says it agrees that the offer made for common shares is fair, but suggests there are better alternatives […]

By Staff |February 22, 2011

1 min read