Industry News

Canadians not worried about their financial institutions: OSFI

Canadians are generally confident about the state of their financial service providers, concludes a survey commissioned by the Office of the Superintendent of Financial Institutions. Conducted by Environics on behalf of the OSFI, the biannual Public Confidence Survey found 91% of Canadians are confident about the financial health and stability of their bank, while 83% […]

By Mark Noble |October 30, 2007

3 min read

Manor ordered to return to Toronto

He has put up a fight, but Boaz Manor will soon be on his way back to Canada to face the charges laid against him by the RCMP and the Ontario Securities Commission over the collapse of Portus Group. An Israeli court has cleared the way for Manor’s return to Toronto, and he is expected […]

By Steven Lamb |October 30, 2007

3 min read

Flaherty serves up more tax cuts

Despite warnings from economists of all stripes, Federal Finance Minister Jim Flaherty has announced the government will proceed with its previously promised cut in the GST. But he isn’t stopping there. In the Economic Statement delivered today, Flaherty announced his intention to slash corporate taxes from the current level of 22.1% to 15% by 2012. […]

By Steven Lamb |October 30, 2007

1 min read

Briefly:

(October 29, 2007) Morningstar Canada has launched Fund Analyst Picks, a list of top mutual funds, which will be available through the company’s retail and advisor websites. “The Morningstar Fund Analyst Picks represent the culmination of everything we do here at Morningstar,” says David O’Leary, manager of fund analysis at Morningstar. “We utilize the data, […]

By Staff |October 29, 2007

2 min read