Industry News

Advisors support compensation disclosure, survey suggests

(March 7, 2005) A majority of Canada’s financial advisors agree they should be required to disclose all compensation arrangements to clients, according to an informal online survey conducted by the ADVISOR Group. Sixty-nine per cent of the nearly 400 advisors surveyed either somewhat agreed or strongly agreed that “advisors should be required to disclose all […]

By Doug Watt |March 7, 2005

2 min read

Briefly:

(March 11, 2005) A class action suit has begun against Nortel Networks, its accounting firm Deloitte & Touche, as well as several former officers and directors, including ex-CEO Frank Dunn. Investors who purchased shares of Nortel between April 24, 2003, and April 27, 2004, are seeking $3 billion. The group alleges the named parties misrepresented […]

By Staff |March 7, 2005

10 min read

Helpline established for Portus clients

Related News Stories Cold comfort: Manulife still facing questions over Portus Portus fallout part 2: The irate investor Portus fallout: Dealing with worried clients The court order also says Internet Service Providers (ISP) and any other person or firm providing e-mail, web services, FTP or file transfer protocol, internet connections or similar services to the […]

By Kate McCaffery |March 7, 2005

2 min read

Canada seen facing stiff global competition

(March 4, 2005) The Canadian economy is facing tough competition from developing nations, which could trim investment gains over the next two years, according to the latest Global Outlook report from Scotia Economics, entitled “What’s Hot and What’s Not.” The report predicts growth in Canada will be tepid, with strong commodity prices benefiting the resources […]

By Steven Lamb |March 4, 2005

2 min read