Industry

IIROC settles with Grant Louis Gaudet

A Hearing Panel of the Investment Industry Regulatory Organization of Canada has accepted a settlement agreement, which includes sanctions, between Grant Louis Gaudet and IIROC staff. Mr. Gaudet has agreed to pay a fine of $20,000 for his misconduct and $4,000 toward the costs of the proceedings. In addition, he has agreed he must successfully […]

By Staff |July 23, 2010

1 min read

Briefly:

VentureLink has received shareholder approval for the merger of four of labour-sponsored investment funds it manages. The VentureLink Balanced Fund, VentureLink Brighter Future Fund, VentureLink Diversified Income Fund and VentureLink Financial Services Innovation Fund will be combined into a new fund to be called VentureLink Innovation Fund, subject to final board and regulatory approval. “This […]

By Staff |July 23, 2010

1 min read

Briefly:

Canadians may love to complain about their bank, but it would appear that relationship is improving. According to the J.D. Power and Associates 2010 Canadian Retail Banking Customer Satisfaction Study, overall customer satisfaction has improved since 2009. That overall satisfaction level has climbed to a score of 730 out of 1,000, up from 721 last […]

By Staff |July 22, 2010

3 min read

Go overseas, go unhedged: FT experts

With the loonie at its strongest consistent place in the last two decades, now is a great time for Canadian investors to put it to some good use, preferably outside Canada, said experts at Franklin Templeton today at the Investment Outlook and Opportunities Forum 2010. “The Canadian dollar in the last couple of years has […]

By Vikram Barhat |July 22, 2010

2 min read