Industry News

Canada dominates global resource market: TD

(October 25, 2006) If you are sick of Canada being seen as a nation of lumberjacks and miners, too bad. A new report out of TD Economics says the perception of our home and native land as a resource powerhouse is accurate. Not only do extraction industries play a huge part in the Canadian economy, […]

By Steven Lamb |October 25, 2006

2 min read

Covington wind-up questioned

Covington Group of Funds once described its Covington Fund I as being “the most mature, stable LSIF in Canada.” But as the fund begins an orderly wind-up of operations, most investors who held the labour-sponsored investment fund might question that description. An analysis of the fund shows that if not for the 30% worth of […]

By Mark Brown |October 25, 2006

4 min read

Briefly:

(October 24, 2006) Standard and Poor’s has announced it will look beyond the Canadian border in reconstructing its S&P/TSX Capped Gold Index, with foreign gold miners being drawn into the mix, effective December 18. The TSX Group says it welcomes the move, and emphasizes that Canadian-listed companies will still make up 60% of the index. […]

By Staff |October 24, 2006

2 min read

IDA appeals SFSC ruling

The Investment Dealers Association of Canada is appealing a ruling by the Saskatchewan Financial Services Commission that says the regulator has no authority to discipline former registrants. Earlier this year, Wade MacBain, Karl Neufeld and Frederick Smith filed a motion to the SFSC to challenge the authority of the IDA to haul sanctions against them. […]

By Mark Brown |October 24, 2006

3 min read