Industry News

Briefly: MX takes over Boston Options Exchange

(September 2, 2008) The Montréal Exchange Inc. has completed the acquisition of a majority ownership interest (53.2%) in the Boston Options Exchange Group, LLC (BOX). “Increasing our investment in BOX grows from confidence in our strategy of expanding our presence in the U.S. equity options market, one of the most dynamic derivatives markets in the […]

By Staff |September 2, 2008

1 min read

OECD lowers estimate on Canadian growth

The outlook for the Canadian economy has been downgraded by the Organisation for Economic Co-operation and Development, which projects growth of just 1.2% for 2008. That’s down from an initial estimate of 1.8%. The OECD’s interim assessment places Canada just under the 1.4% average for G7 nations, and places the country on a par with […]

By Steven Lamb |September 2, 2008

2 min read

Cross-border tax regime still problematic: C.D. Howe

Although Canada has done much to increase its tax competiveness on cross-border investing, a new report released Tuesday from the C.D. Howe Institute says there is still a lot of work that needs to be done by the federal government to create a tax regime that attracts investment. The report, entitled Finding Silver Linings in […]

By Mark Noble |September 2, 2008

4 min read

To hold out

“What should we do about financial planning?” has been a question that has, from time to time, kept regulators awake at night. The officials at the Investment Industry Regulatory Organization of Canada (IIROC) can be expected to sleep better once IIROC’s proposed Financial Planning Rule Minimum Standards for the Provision of Financial Planning Services comes […]

By Rebecca Cowdery and Prema Thiele |September 1, 2008

5 min read