Industry News

By The Book: ASC issues five-year ban

(February 11, 2008) The Alberta Securities Commission has banned an Edmonton man from the market for five years for illegal distribution of securities. Lambert Lavallee was the founder and significant shareholder of KCP Innovative Services Inc. The ASC found that he raised $1.5 million from at least 107 investors without being properly registered. “Unless sanctioned, […]

By Staff |February 11, 2008

1 min read

Briefly:

(February 11, 2008) Tax time can be confusing, so Ernst & Young has updated its guide to personal tax returns. The Ernst & Young Guide to Preparing 2007 Personal Tax Returns has updates on new rules, including pension income splitting, RESP changes and increased capital gain deduction limits for small business shares. “This is such […]

By Staff |February 11, 2008

2 min read

Funds seek value from

Real estate and financial services are among the two most beaten up categories in today’s market climate, and that’s exactly why AIC Limited has launched four new funds that invest specifically in those sectors. AIC believes the time is right to apply its buy-and-hold value strategy to those sectors through the AIC Global Real Estate […]

By Mark Noble |February 11, 2008

4 min read

On The Shelf:

(February 8, 2008) Women are more concerned than men about long-term-care needs but don’t seem to fully realize the costs associated with caring for their spouse, according to a Manulife survey. The survey reports that 62% of women worry that their partner will end up in a nursing home or require other care in the […]

By Staff |February 8, 2008

2 min read