Industry News

Canada’s entrepreneurs push forward

Canadian business owners and entrepreneurs are resilient in tough economic times, finds new data from the Business Development Bank of Canada (BDC). BDC’s clients collectively borrowed $3.8 billion and the BDC spread $126.8 million in venture capital this past fiscal year. Read: Targeting female entrepreneurs The bank’s consolidated net income of $533.4 million indicates their […]

By Staff |August 23, 2012

1 min read

Former IAIG dealer fined $20,000

A settlement hearing in the matter of Michel Joseph Landry was held today in Toronto, Ontario before a hearing panel of the MFDA’s Central Regional Council. Landry was previously employed as an alternate compliance officer, shareholder and dealing representative with Independent Accountants Investment Group. He voluntarily resigned in January 2012. Read: Compliance failure costs IAIG […]

By Staff |August 23, 2012

1 min read

Help clients become debt-free faster

Debt is an ongoing issue, and one that’s not restricted to any age group. A recent CIBC poll found 59% of retirees are in debt. Read: Too many boomers retire with debt Meanwhile, one-third of students are feeling anxious about their finances, says TD. And it’s no wonder. The average debt of a university student […]

By Staff |August 23, 2012

2 min read

Tech start-ups struggling

Since Facebook’s flop this spring, the tech IPO market has collapsed. By June, not a single company had ventured to go public, compared to 19 IPOs posted by June of last year. Instead, as many as 14 offerings were withdrawn or delayed, says Dealogic. These included Tria Beauty, maker of laser hair removal devices, and […]

August 23, 2012

3 min read