Industry

Ethical Funds defends

(February 5, 2003) The president of Ethical Funds has rejected complaints that the mutual fund company’s current advertising campaign trivializes environmental issues. The print and billboard ads show a business professional with the caption “I don’t wear hemp, burn incense, or hug trees.” The complaint came from the head of a Vancouver hemp clothing retailer. […]

By Doug Watt |February 5, 2003

2 min read

Fixed income performance keeps CPP in the black

(February 5, 2003) The Canada Pension Plan posted marginally positive numbers over the last three quarters as strong bond performance offset mixed results in the plan’s equity portfolio, says CPP Investment Board president John MacNaughton. For the nine months ending December 31, 2002, the CPP’s investment income rose by $114 million, for a 0.8% rate […]

By Doug Watt |February 5, 2003

2 min read

Bank mergers won’t hurt capital markets, says IDA boss

(February 4, 2003) Bank mergers will not have a detrimental effect on Canada’s capital markets and may actually increase competition in the financial services industry, says Joe Oliver, president of the Investment Dealers Association. In an address today in Ottawa, Oliver stopped short of endorsing mergers, noting that public interest issues still must be addressed. […]

By Doug Watt |February 4, 2003

2 min read

PFPs now eligible to write CFP exam

(February 3, 2003) In a widely anticipated move, the Institute of Canadian Bankers has announced an agreement with the Financial Planners Standards Council relating to the Certified Financial Planner designation. The FPSC has accredited the ICB’s Personal Financial Planner program as an approved course of study for the CFP exam. The change, posted on the […]

By Doug Watt |February 3, 2003

2 min read