Industry

How to work with small investors

Coreen Sol Coreen Sol is vice-president, portfolio manager at CIBC Wood Gundy in Kelowna, B.C. She serves more than 400 clients. Her practice is based on four portfolio models for most clients, and she has a separate platform for smaller accounts. The financial services industry is evolving. As advisors continue to adjust to CRM2 and […]

By Suzanne Sharma |October 7, 2016

5 min read

IIROC’s AdvisorReport helps investors check your credentials

Ahead of Financial Literacy Month, the Investment Industry Regulatory Organization of Canada is promoting its advisor check database.

By Staff |October 6, 2016

1 min read

Air Canada completes bond offering

Air Canada has completed its private offering of $200 million of 4.75% corporate bonds due 2023 (the 2016 bonds) and the closing of its previously announced US$1.1 billion new credit facility. The latter comprises a US$800-million term loan maturing in 2023 and a new, undrawn US$300-million revolving credit facility expiring in 2021. Together with the […]

By Staff |October 6, 2016

1 min read

No more candy for Buffett

Mars will buy out Warren Buffett’s stake in its Wrigley subsidiary as part of an integration move, reports Bloomberg. The company was paying a 5% annual dividend to Buffett’s Berkshire Hathaway Inc., which had $2.1 billion in preference shares, reports FT.com. That stake amounted to 19.38% in Wrigley. Read: Guess who’s richer than Buffett The […]

By Staff |October 6, 2016

1 min read