Industry News

By The Book:

(September 10, 2008) The proposal by the Investment Industry Regulatory Organization of Canada (IIROC) to define and regulate financial planning continues to receive criticism, this time from the Independent Financial Brokers of Canada (IFB). The organization says that while they “feel it’s important to distinguish between those who provide financial planning services in the context […]

By Staff |September 10, 2008

2 min read

Bearish sentiment seeps into Rubin’s view

One of Canada’s most notorious bulls is giving ground in the face of continued market uncertainty. Jeff Rubin, chief strategist for CIBC World Markets, has cut his outlook for the S&P/TSX Composite Index by more than 1,000 points. Until today, Rubin had a 2008 target of 14,300 for the index, but has now scaled that […]

By Steven Lamb |September 10, 2008

2 min read

Industrial Alliance buying Sarbit

Industrial Alliance has expanded its asset management operations in English Canada with the purchase of Sarbit Asset Management Inc. (SAMI). The Quebec-based insurer will tender its offer for all outstanding shares of Sarbit, and has already entered into lock-up agreements with shareholders representing 75% of the company’s shares. Sarbit Asset Management was founded in 2005 […]

By Steven Lamb |September 9, 2008

2 min read

The week in review: September 2-5, 2008

Welcome to the weekly roundup of news affecting you, as covered by Advisor.ca and our sister publication, Objectif Conseiller. Read this section every week to catch up on the news you missed, or click here and subscribe to the week in review to get regular updates sent to your in-box or blackberry. In the news […]

By Kate McCaffery |September 9, 2008

5 min read