Industry News

Canadians have more in them to give

Between the floods, hurricanes, earthquakes and tsunamis in the past year, some might be wondering if they have anything left to give to help these communities rebuild. But a newly released paper by TD Bank Financial Group suggests Canadians can be even more charitable, and advisors should be there to help. “Many of the messages […]

By Mark Brown |October 18, 2005

3 min read

Briefly:

(October 21, 2005) A Quebec class action suit against Norbourg Financial has named the powerful Caisse de dépôt et placement du Québec, alleging the fund failed in its due diligence. “The CDP, by omitting to proceed with due diligence before selling partnerships and funds to Norbourg Financial Group, breached its duty to act reasonably and […]

By Staff |October 17, 2005

15 min read

Advisors looking beyond CE credits: survey

(October 17, 2005) Advisors have embraced a culture of continuing education and not just because they have to, according to a new poll by Credo Consulting. But with the IDA’s three-year cycle, in which advisors must complete a set number of continuing education (CE) credit hours, little more than 10 weeks away, a number of […]

By Mark Brown |October 17, 2005

3 min read

Fund sales steady and strong

(October 17, 2005) Canadians were buying mutual funds and moving out of money market investments in September. Canadian bond funds reported the highest change in net sales during the month, while Canadian equity funds, despite relatively strong market activity during the year, suffered with the highest number of redemptions. Overall, IFIC says net sales for […]

By Kate McCaffery |October 17, 2005

2 min read