Industry News

Investment managers rank Alberta tops

(November 9, 2004) Alberta has the best investment climate in Canada, according to a survey released today by the Fraser Institute. Investment managers were asked to indicate whether or not provinces maintained the necessary economic policies required to foster a positive investment climate. Provinces were ranked on a number of economic policies, including government finances, […]

By Doug Watt |November 9, 2004

2 min read

Advising elderly clients requires extra diligence, lawyer says

(November 8, 2004) Looking over his client files, the veteran advisor saw potential traps that might have gone unnoticed by an unwary practitioner. A wealthy widowed client with no children had just turned 90. “The lady is very sharp for her age but I’ve noticed a definite decline in her edge in the last couple […]

By Art Melo |November 8, 2004

3 min read

OSC surplus rises nearly 50%

(November 8, 2004) Despite a commitment to matching fees with the costs of regulation, Ontario’s securities regulator posted a surplus of more than $21 million in its latest fiscal year, up nearly 50% from the previous 12 months. The surplus issue has become a focal point for critics who believe that securities regulation should not […]

By Doug Watt |November 8, 2004

2 min read

Briefly:

(November 12, 2004) Rockwater Capital Corporation has agreed to buy KBSH Capital Management Inc., an acquisition that will add about $6.3 billion in assets under management. “KBSH will serve as Rockwater’s key platform to drive participation in the consolidation of the asset management industry,” said William Packham, president and CEO of Rockwater. “KBSH is a […]

By Staff |November 8, 2004

8 min read