Industry News

Time travel: Morningstar rates quarter-century club

(May 21, 2004) In today’s 5,000-plus mutual fund universe, it’s hard to fathom a time when the Canadian market consisted of just 120 funds. But that was in the case in 1979 and Morningstar Canada has done a bit of number-crunching to see how those veteran funds performed over the past 25 years. Three of […]

By Doug Watt |May 21, 2004

2 min read

CRTC backs down on tough telemarketing rules

(May 21, 2004) The CRTC has decided not to implement a national “do not call” registry as a way to deal with unwanted telemarketers. The issue was a concern among advisors who use cold calling as a way of reaching new clients. The U.S. established a “do not call” registry earlier this year and it […]

By Doug Watt |May 21, 2004

2 min read

More changes on the way at Assante: Canavan

(May 20, 2004) This is no longer Marty Weinberg’s Assante Corp. Since selling the Winnipeg-based financial services company he co-founded in 1995 to CI Fund Management last August for $846 million, Joe Canavan, his successor as president and CEO, has moved quickly to put his own stamp on the company. This week’s announcement that Daniel […]

By Geoff Kirbyson |May 20, 2004

3 min read

RBC revises provincial economic outlook

(May 20, 2004) The Canadian economy is expected to slow over the course of 2004 and into 2005, with recent high-flying provincial economies suffering the greatest setbacks, according to RBC Economics’ Provincial Outlook report. The report identifies Saskatchewan and Newfoundland and Labrador as the weakest overall economic performers. This comes on the heels of two […]

By Steven Lamb |May 20, 2004

3 min read