Industry News

Briefly:

The management of CI Capital Markets Inc. (CICM), formerly the Capital Markets group of Blackmont Capital Inc., has reached a deal to buy the firm from CI Financial. “This is the culmination of an undertaking that has been ongoing since early December,” says Jeff White, chief executive of CICM. “We have been able to secure […]

By Staff |February 5, 2010

3 min read

Canaccord, Genuity reported in talks

Rumours that Canaccord Financial is on the prowl for an acquisition have gained traction. The Globe and Mail reports that Canaccord is in talks with Genuity Capital Markets. The combination of the two firms would bring together Canaccord’s expertise in junior resource companies and Genuity’s deal-making acumen. Citing unnamed “sources close to both investment dealers” […]

By Staff |February 4, 2010

1 min read

SRI funds improving on social factors: survey

Canada’s socially responsible mutual funds appear to be doing better on issues like ESG screening and integration according to Corporate Knights magazine’s annual responsible investing guide. The survey scores more than 50 SRI mutual funds on performance and social factors, including proxy voting, engagement and ESG integration. “Our average CK Social Score (CKSS) rose this […]

By Doug Watt |February 4, 2010

2 min read

Briefly:

Sprott Asset Management, famous for its affinity for gold bullion, sees another golden investment opportunity: Canadian Olympic athletes. For every gold medal won by a Canadian at the Vancouver Olympics, the firm will donate $100,000 to the Canadian Athletes Now Fund (CAN Fund), a not-for-profit organization devoted solely to raising funds and awareness of Canadian […]

By Staff |February 4, 2010

3 min read