Industry News

By The Book: Alberta firm fined $92,000 by the BCSC

(February 27, 2008) Alberta firm CWM Investment Counsel will fork over $92,575 to the British Columbia Securities Commission for providing investment advice without being properly registered. From July 1991 to January 20, 2008, CWM gave investment advice to up to 20 clients, all of whom were clients of the firm prior to moving to British […]

By Staff |February 27, 2008

1 min read

Budget 2008 Commentary: Advice Gets Interesting

Registered or non-registered? That was the calculation. Budgets have a funny way of upsetting calculations, however. Twas ever thus, one might argue, with calculations sometimes changing slowly and sometimes quickly. Remember the gradual raising of the foreign content limit for registered plans? Then one day it was gone. Remember the reduction in the capital gains […]

By Scot Blythe |February 27, 2008

3 min read

Budget 2008: How should advisors handle the TFSA?

As people digest the news about the new tax-free savings account, advisors are already coming up with ways to incorporate this tax-savings vehicle into their clients’ financial plans. “We’re already talking to them,” says Rick Wood, an advisor at TD Waterhouse Private Client Services in Toronto. “We’re looking at opportunities that we have for clients […]

By Bryan Borzykowski |February 27, 2008

5 min read

Geoff MacDonald joins EdgePoint

Geoff MacDonald is the latest of Trimark’s former star managers to take a partnership stake in EdgePoint Capital Partners, the investment firm that had its launch announced earlier this month by Tye Bousada and Robert (Bob) Krembil. MacDonald, along with Bousada and Krembil, will be a shareholder in the firm’s holding company, Cymbria Capital Corp., […]

By Mark Noble |February 27, 2008

2 min read