Industry News

Scammers posing as regulators, NASAA warns

You cannot find references to them on any other regulatory websites. If you can’t find information about the “regulator” on the site of the International Organization of Securities Commissions (www.iosco.org) they probably are not a legitimate regulator. They endorse or approve any investment opportunity, stock, or company. Legitimate regulators are not in the business of […]

By Doug Watt |August 2, 2005

2 min read

Index beat most active managers in Q2

(August 2, 2005) Active managers had a tough time keeping up with the Canadian benchmark index in the second quarter, as the burgeoning energy sector drove the S&P/TSX Composite to a return of 3.6%, according to the latest Russell Canadian Active Manager Report. Less than half of active equity managers (43%) were able to top […]

By Steven Lamb |August 2, 2005

2 min read

CI not giving up on Amvescap

(August 2, 2005) The little Canadian money manager, CI Investments, could be preparing to launch a hostile takeover bid for U.K. behemoth, Amvescap. In a statement released on Monday to European media outlets, CI said it is considering a number of available options, including the possibility it will make a bid for the company, without […]

By Kate McCaffery |August 2, 2005

2 min read

GDP growth to trigger fall rate hikes

(July 29, 2005) The Canadian economy continues to growth at a healthy pace, but leading economists say concerns over capacity utilization are expected to lead to interest rate hikes in the fall. The Canadian economy grew by 0.3% in May while April’s growth was revised downward to match, cutting annualized growth to 2.0%. May’s growth […]

By Steven Lamb |July 29, 2005

2 min read