Industry News

Vik’s Pick: TMX takeover leaves questions

In the end, they were destined to exchange trading vows.

By Vikram Barhat |August 9, 2012

3 min read

Vanguard joins Canadian ETF Association

Vanguard Canada has joined the Canadian ETF Association. As a member firm, the company will fill one of the managing director positions on the board, and participate equally with existing members in all operational and policy matters. “Canadian-listed ETF assets have more than doubled since 2008—[Vanguard’s own lineup has reported more than $245 million in […]

By Staff |August 8, 2012

1 min read

Facebook takes a gamble to boost revenue

In an attempt to bump up its revenue, Facebook is now allowing its adult users in the U.K. to play at online gambling, reports TechCrunch. The first app to hit the network is called Bingo Friendzy, which offers various bingo and slot machine games. Players put real money on the table rather than site credits. […]

By Wire services |August 8, 2012

1 min read

Housing market cools: report

The downside risks to Canada’s housing market are increasing, says a Scotiabank report on Canadian Housing. “Canada’s housing market is expected to avoid the sharp downturn witnessed in the United States and Europe,” says Adrienne Warren, senior economist at Scotiabank. “But, the downside risks to domestic housing activity are increasing. The impact of the slowdown […]

By Staff |August 8, 2012

2 min read