Industry News

Reform provincial sales tax system, C.D. Howe suggests

The provinces should stop taxing corporate income, the C.D. Howe Institute recommends, and instead hand over those duties to Ottawa. In a paper released Thursday, called “Recalibrating the Federal Balance,” the economic think-tank notes that capital income is far too mobile for Canadian provinces to tax it efficiently, not just inter-provincially, but also internationally. “As […]

By Doug Watt |September 7, 2006

2 min read

Briefly:

(September 6, 2006) TD Asset Management has launched 10 new mutual funds for clients interested in increasing their exposure to global markets. The new lineup includes three global funds — the TD Global Multi-Cap, Global Value and Global Dividend funds — plus the TD International Equity Growth Fund, TD Corporate Bond Capital Yield Fund, and […]

By Staff |September 6, 2006

4 min read

AGF hands International Value to Arnold, Flynn

Advisors who feel fund companies are not listening to your concerns, take note: Your complaints can shape decisions at head office. AGF Funds has announced the replacement of Harris Associates as portfolio manager for its flagship AGF International Value Fund. Management of the fund has been handed over to the AGF International Advisors Company Limited, […]

By Steven Lamb |September 6, 2006

5 min read

Briefly:

(September 5, 2006) An IDA hearing panel has dismissed a motion filed by Stephen Taub, formerly a registered representative with Brant Securities and Research Capital, who challenged the SRO’s by-laws and jurisdiction. The panel accepted IDA staff’s position that the industry association continues to have jurisdiction over Taub, pursuant to by-laws that give the IDA […]

By Staff |September 5, 2006

3 min read