Industry News

Hub International buys two firms

Chicago-based Hub International Limited has announced a pair of acquitisions in the Canadian market, through two of its local subsidiaries. Hub Financial, the Canadian-based managing general agency and subsidiary of Hub International Limited, has completed the acquisition of Best Advice Financial Services, based in Toronto. The purchase adds over 100 servicing brokers to the Hub […]

By Steven Lamb |April 3, 2009

1 min read

Blythe’s best of the blogs

This week: a little bit of humour mixed with the logic of quantitative easing. Cover effect Investment contrarians have long been intrigued by what goes on a magazine cover. Business Week’s Death of Equities cover in 1979 is one example, although it took another three years for a bull market to begin. Similarly, in the […]

By Scot Blythe |April 2, 2009

4 min read

Finally, some good news for fund investors

It could be the great sucker’s rally — or maybe, just maybe, the markets have found a bottom. Either way, your client’s may have recovered a lot of money last month, according to data from Morningstar Canada. In sharp contrast to two previous months, which saw mutual fund losses troll record depths, 20 of the […]

By Mark Noble |April 2, 2009

4 min read

Briefly: “Policies will work: BOC” and more news

Given the rapid onset of what is being hailed as the worst recession since the Great Depression, it’s easy to understand why Canadians may have lost faith in the financial system. But the policy measures the central banks have taken will restore confidence, according to the Bank of Canada’s governor. “There is a plan to […]

By Staff |April 2, 2009

4 min read