Industry News

Yes, you can insure a drug user

Soft drugs, such as marijuana and hashish do not mix well with each other, nor with traditional life insurance. And hard drugs, such as cocaine and heroin, make for an even tougher combination. The considerations go beyond definitions of legality and extend to the insurers’ risk management processes, explains Lorne Marr, a seventeen-year veteran of […]

By Al Emid |January 31, 2011

4 min read

Lascelles joins RBC GAM

Eric Lascelles is joining RBC Global Asset Management (RBC GAM) as chief economist, beginning Monday, February 7, 2011. “We are very pleased to have Eric join our team. We are committed to building on our forecasting capabilities, and providing thought leading, accurate and timely advice to our clients. Eric’s appointment is testament to that,” said […]

By Staff |January 31, 2011

1 min read

Gold trading in RRSPs on the rise

It’s no secret that gold prices have been rising steadily over the past decade and Canadians have been increasingly attracted to the precious metal. Holdings of bullion in registered accounts are now on track to break records, according to one gold investment provider. In 2007, discount online brokerage Questrade teamed up with Kitco Metals to […]

By Steven Lamb |January 31, 2011

1 min read

ScotiaMocatta launches base metals platform

ScotiaMocatta, the metals division of Scotiabank, has taken its base metals platform live, with a staff of nine based in London, New York and Hong Kong managing transactions in copper, aluminum, lead, nickel, tin and zinc. “Our growing client base was asking us to play a more significant role in base metals, and our team […]

By Staff |January 31, 2011

1 min read