Industry News

Briefly:

Time is running out for families of disabled Canadians to make their 2009 contribution to a Registered Disability Savings Plan. Beating the December 31 deadline ensures eligibility for annual government assistance. “Not only are RDSPs a tax-efficient investment solution for Canadians with disabilities and their families, the plan can also help provide invaluable peace of […]

By Staff |December 1, 2009

3 min read

M&A activity on the rebound

Merger and acquisition activity strengthened in Canada over the third quarter, reinforcing the notion that financial markets have stabilized. It was the second consecutive quarterly increase in M&A activity, according to investment bank Crosbie & Company Inc. There were 221 deals announced in Q3, according to the Financial Post Crosbie: Mergers & Acquisitions in Canada […]

By Steven Lamb |December 1, 2009

3 min read

Briefly:

The FPSC made a subtle change to its name and brand. Originally known as the Financial Planners Standards Council, the name is now Financial Planning Standards Council. “We saw an opportunity to more fully align our brand identity with our central purpose which has become more refined these past years,” says Tamara Smith, vice-president of […]

By Staff |November 30, 2009

4 min read

Madoff highlights value of outsourced diligence

Bernie Madoff fooled a lot of people with his purported hedge fund strategy. They included some of the most reputable fund-of-fund managers in the business who are now, as one insider puts it, “squawking like seagulls,” after years of freely scooping fish out of nets illegally cast in the first place. But he didn’t fool […]

By Scot Blythe |November 30, 2009

5 min read