Industry News

Finance minister promises progress on national regulator

(June 21, 2005) Advisors and their clients can expect a lower-cost and simpler world if the financial services sector unfolds as envisioned by federal Finance Minister Ralph Goodale. Meanwhile advisors confronted by clients worried about their defined benefits pension plans will have to wait longer for any specific solutions. Goodale linked the establishment of a […]

By Al Emid |June 21, 2005

3 min read

Advisors form SRI marketing group

(June 20, 2005) A group of experienced advisors has set up a committee to help promote socially responsible investing to the retail investor. The committee came out of an advisor workshop at last week’s Social Investment Organization conference in Toronto, says Sucheta Rajagopal, an SRI specialist with Hampton Securities. The committee’s first priority will be […]

By Doug Watt |June 20, 2005

3 min read

Briefly:

(June 24, 2005) Soaring energy and mineral prices have been a boon to the Prairie provinces, particularly Alberta, the IDA says in a new report. “Oil and gas revenues allowed [Alberta] to become essentially debt free this year,” the brokerage industry association says. “With strong finances, Alberta will have considerable fiscal flexibility in the future […]

By Staff |June 20, 2005

16 min read

Income trusts: Don’t wait but underweight

(June 20, 2005) Retail investors expecting valuations to gallop ahead once income trusts are incorporated into the S&P/TSX Composite Index may want to rein in their expectations: pension funds may be wary about investing in what is for them a new investment vehicle. While some pension funds have been active in the income trust space, […]

By Scot Blythe |June 20, 2005

3 min read