Industry

Dundee seen as potential buyer for stake in Cartier

(May 27, 2003) Dundee Wealth Management is being pegged as the most likely purchaser of a controlling stake in Cartier Partners Financial Group. However, one analyst believes Cartier will have difficulty finding a buyer, given the current investment climate. “I maintain that Cartier won’t be easy to sell because many firms are already dealing with […]

By Doug Watt |May 27, 2003

3 min read

Briefly:

(May 30, 2003) Financial commentator Brian Costello says he will go to the courts to appeal a sanctions decision against him announced last month by the Ontario Securities Commission (OSC). Costello was reprimanded and ordered to pay $300,000 in costs after an OSC panel ruled he had violated securities laws by failing to register as […]

By Staff |May 26, 2003

5 min read

Crisis or wake-up call? Experts debate state of pension industry

(May 26, 2003) The numbers aren’t good, but it’s probably too soon to declare a crisis in Canada’s defined benefit pension system. However, the industry does need to improve the ways it manages risk within pension plans. Those were the main conclusions from a one-day forum in Toronto last week, sponsored by the Association of […]

By Caroline Cakebread |May 26, 2003

3 min read

More than principle: David Brown explains why Ontario regulator needs to adopt rules

(May 23, 2003) In a post-Enron world, securities regulators must address corporate governance in a robust manner and propose reform, says Ontario Securities Commission (OSC) chair, David Brown. In a speech today given at the Toronto Board of Trade in downtown Toronto, Brown expressed that governing principles — a Canadian tradition — are no longer […]

By Jennifer McLaughlin |May 23, 2003

3 min read