Industry

MFDA fines, permanently bans 2 advisors for ‘wide range of misconduct’

Their firm's MFDA membership has also been terminated

By Staff |July 18, 2018

2 min read

Tax burden makes Canada less competitive: survey

Canada’s tax burden makes the country less competitive for businesses compared to the U.S., says a quarterly survey by the Chartered Professional Accountants of Canada (CPA Canada). The “CPA Canada Business Monitor (Q2 2018)” surveyed professional accountants in leadership positions. Compared to a year ago, the survey found 68% of those polled perceive Canada as […]

By Staff |July 17, 2018

2 min read

Investors Group expands products available for RDSPs

Investors Group has added to its range of products available for Registered Disability Savings Plans (RDSPs). The firm has expanded its lower fee series for certain mutual funds to include the new J Series RDSP. The series provides investors with at least $500,000 in household investments access to lower fee options, a release said. Investors […]

By Staff |July 17, 2018

1 min read

Goldman’s Blankfein to retire as CEO

Another Wall Street veteran of the financial crisis is stepping aside: Lloyd Blankfein is retiring as CEO of Goldman Sachs after 12 years at the helm of the storied investment bank. Blankfein will be replaced by David Solomon, a long-time Goldman executive who has been seen as Blankfein’s chosen successor. Solomon will assume the CEO […]

By Ken Sweet, The Associated Press |July 17, 2018

4 min read