Industry News

Ontario politicians agree to…agree

When it comes to the financial services industry, there is surprisingly little difference between the three largest political parties in Ontario. A debate hosted by the Toronto Financial Services Alliance resulted in more personal needling than actual disagreement. All participants praised federal Finance Minister Jim Flaherty’s push for a single, common securities regulator as vital […]

By Steven Lamb |September 18, 2007

2 min read

Scotia’s Fred Ketchen celebrates 50 years in the biz

(September 2007) When advisors talk about retirement planning, the general assumption is once a client hits 65, his work days are numbered. Not so for 72-year-old Fred Ketchen who celebrated his 50th anniversary in the financial industry on Tuesday. The Scotia Capital director was feted with a lunchtime bash at the bank’s downtown Toronto office, […]

By Bryan Borzykowski |September 18, 2007

2 min read

Goodman call seeks to allay advisor fears

The executive team of Dundee Corporation has moved quickly to allay the concerns of their advisors, holding a conference call in the wake of the announced sale of Dundee Bank to Scotiabank. Dundee president and CEO Ned Goodman, along with board member and heir apparent David Goodman and DundeeWealth executive vice-president David Whyte assured Dundee […]

By Romana King and Mark Noble |September 18, 2007

3 min read

Briefly:

(September 17, 2007) Canadians eased off foreign acquisitions in July but still bought $3.6 billion worth of foreign securities, according to StatsCan. That’s down from a record of $13.1 billion in April. Equity investments were the vehicle of choice, accounting for two-thirds of the total. With the Canadian dollar hovering around 94 cents U.S. in […]

By Staff |September 17, 2007

3 min read