Industry News

Supreme Court hears landmark insurance case

Canada’s big banks were at the Supreme Court of Canada on Tuesday, taking on Alberta over the sale of creditor insurance in bank branches. The Alberta Insurance Council took action against the banks for selling creditor insurance in branches without a licence. The Alberta Court of Appeal ruled that the province has the jurisdiction to […]

By Doug Watt |April 11, 2006

3 min read

Briefly:

(April 13, 2006) Mackenzie Financial is launching new versions and purchase options on a number of existing mutual funds, beginning May 1, 2006. The company is expanding its T-Series option, currently available on 12 of the company’s balanced funds, to include the Mackenzie Maxxum Dividend Fund and Mackenzie Cundill Value Fund. T-Series shares provide a […]

By Staff |April 10, 2006

11 min read

Some tax changes overlooked

In the current political environment, most parties have realized that nothing goes further with voters than tax-cuts. Of course, to get the most bang for their political buck, politicians usually trumpet the most wide-ranging changes to the tax code — those tax cuts that benefit the greatest number of voters. Items like increasing the Basic […]

By Staff |April 10, 2006

2 min read

Buy Canada, says growth manager

Amid the growing number of voices encouraging investors to diversify their holdings, consider foreign equity funds and generally take money off the table and respect the significant run in Canadian equity stocks, the message that Canada is still a good place to look for growth, tends to stick out a little. That message is exactly […]

By Kate McCaffery |April 10, 2006

2 min read