Industry News

N.B. man jailed for defrauding investors

William Watson Priest of Nackawic, NB was sentenced to three years in federal prison last week. He pleaded guilty to nine counts of fraud under the N.B. provincial Securities Act in court on Sept. 6.

By Staff |October 2, 2012

1 min read

Fewer Canadians starting companies

Canadians remain reluctant to start new businesses. About 43,000 Canadians started a new business in 2011 and hired staff, finds the Business Development Bank of Canada (BDC). Read: Canada’s top 50 young entrepreneurs This amounts to only 0.23% of the 19 million people in Canada who can work—a slight increase from the 2009 recession low […]

By Staff |October 2, 2012

1 min read

Canadian IPO market to see boost in Q4: PwC

The market for IPOs may have fallen quiet in the third quarter of 2012, but there are countless new issues waiting for the right opportunity to enter equity markets.

By Staff |October 2, 2012

2 min read

Horizons ETF offers fee rebate

Horizons ETF is decreasing its management fee on Horizons S&P/TSX 60 from 0.07% to 0.05%. The reduced cost is effective for at least the next year. Read: What ETFs and Gucci shoes have in common “Studies have shown that keeping investment costs low is a key component to improving portfolio performance,” says Howard Atkinson, CEO […]

By Staff |October 2, 2012

1 min read