Industry News

Canadians predict rising mortgage rates

The majority of Canadians (86%) expect mortgage rates to be higher over the next 12 months, while half (50%) would choose a fixed rate mortgage if deciding today, according to a CIBC Poll conducted by Harris/Decima.

March 26, 2012

2 min read

Rep fined $40,000 for forged letter

On March 9, 2012, a hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) accepted a settlement agreement between the IIROC staff and the Paul James Vorstadt.

By Staff |March 23, 2012

1 min read

BMO to streamline fund shelf

BMO Investments has announced plans to consolidate its mutual fund line-up, terminating 17 funds and merging their assets into similar mandates.

By Staff |March 23, 2012

2 min read

Franklin Templeton to close Treasury Bill Yield Class

After close of business on March 28, 2012, the fund will cease offering shares for purchase and will be terminated on or about June 1, 2012.

By Staff |March 23, 2012

1 min read