Industry News

Will new carbon exchange bring the yield?

Equities and bonds have been lacklustre, high-yield mortgage debt disastrous — where are investors going to find yield? Some European brokers are finding it in carbon emissions trading, and now Canadians will get their chance to participate. The Montreal Climate Exchange (MCeX) announced today that it plans to launch trading of futures contracts on Canada […]

By Mark Noble |March 14, 2008

3 min read

Briefly:

(March 13, 2008) Politics is making strange bedfellows indeed. The Canadian Federation of Students is siding with the Conservative government in opposing the bill to make RESP contributions tax deductible. “This bill is a bad use of scarce resources, and it will cost about $1 billion a year,” said Amanda Aziz, national chairperson of the […]

By Staff |March 13, 2008

3 min read

By The Book: New prospectus rule takes effect Monday

(March 13, 2008) Canadian securities regulation will become a little more streamlined next week, as National Instrument 41-101 General Prospectus Requirements will come into force on March 17, 2008. “NI 41-101 will make it easier for issuers to distribute securities across Canada by establishing one standard set of national prospectus rules,” said Jean St-Gelais, chair […]

By Staff |March 13, 2008

1 min read

Pension growth stalls: StatsCan

A downturn in the stock markets and a rising Canadian dollar are curtailing growth in employer-sponsored pension funds, Statistics Canada reports. Growth in pension plans stalled in the third quarter of 2007. The market value of assets in these pension funds amounted to $957.2 billion for the three-month period ending September 2007, virtually unchanged from […]

By Mark Noble |March 13, 2008

3 min read