Industry News

GrowthWorks defends management fees on flailing fund

After being frozen out for 13 months, shareholders of GrowthWorks Canadian Fund might finally get some money back.

By Renée Alexander |December 20, 2012

4 min read

Fake advisor guilty of defrauding celebrities

A man posing as a successful Ivy-league businessman has been convicted of defrauding several celebrities out of nearly $250,000. The victims include former Toronto Argonauts players Michael “Pinball” Clemons and Damon Allen, as well as former child actor Ken Vadas, and former Sick Kids specialist Dr. Rahim Valani, reports thestar.com. The Crown found Oakville, Ont. […]

By Wire services |December 20, 2012

1 min read

2012’s best and worst developments in small biz

This year there were numerous developments for small businesses. The Canadian Federation of Independent Business (CFIB) shares its list of the best and worst ones. Best of 2012 1. Red tape action (Fed., ON, QC, NB): Federal plans include assessing new regulations through a small business lens, a 1-for-1 rule, and service improvement goals. Ontario, […]

By Staff |December 20, 2012

2 min read

Top picks for investors in 2013

In 2013, commodity prices will receive a lift from raw material re-stocking, after liquidation or deferred orders in 2012, says Scotiabank. This is already the case in China, where a pick-up in orders from steel producers, after a sharp inventory correction last summer, has boosted spot iron ore and coking coal prices. Lumber and OSB […]

By Staff |December 20, 2012

3 min read