Industry News

Labour fund assets recover, but sales still weak

(October 25, 2004) Labour fund assets have almost returned to their 2000 levels — the peak of the Silicon Valley IPO boom — but sales are still down from the rates attained in the late 1990s, according to data from Toronto consultancy Investor Economics. “The number of Labour-Sponsored Investment Funds is at a record high,” […]

By Scot Blythe |October 25, 2004

3 min read

Insurance investigation creeps north of the border

(October 25, 2004) A U.S. investigation into allegations of hidden commissions in the insurance industry is starting to make waves in Canada. But the probe has so far focused on the property and casualty side of the business and life agents here aren’t anticipating much negative fallout. “I don’t think it’s an issue in the […]

By Doug Watt |October 25, 2004

4 min read

Advisor Forum update: Income trusts no flash in the pan, advisors told

(October 22, 2004) The booming income trust market will always have its naysayers, but there are compelling reasons to believe that trusts are here to stay and will remain profitable, according to Dean Orrico, portfolio manager at Middlefield Income Funds, who spoke at the Halifax Advisor Forum earlier this week. Admittedly, Orrico has a vested […]

By Doug Watt |October 22, 2004

3 min read

OSC bows to pressure on disclosure of investigations

(October 21, 2004) Ontario’s securities regulator, which has in the past refused to confirm if a company or individual is under investigation, is backing away from that strict policy, today publishing guidelines for staff to use to decide whether it is appropriate to disclose an ongoing investigation. “Investors and our markets are best served when […]

By Doug Watt |October 21, 2004

2 min read