Industry News

RESP promoters pleased with budget’s education incentives

(March 24, 2004) Canada’s RESP providers are welcoming Ottawa’s efforts to encourage low-income families to put aside funds for their children’s post-secondary education. In Tuesday’s budget, the federal government announcement the creation of a new Canada Learning Bond and said it would increase the Canada Education Savings Grant (CESG) for low- and middle-income RESP savers. […]

By Doug Watt |March 24, 2004

3 min read

Raymond James taps Bailey as president

(March 23, 2004) Raymond James Ltd. has named Peter Bailey to the office of president, where he will oversee the firm’s private client and corporate services activities. Ken Shields will remain as CEO, but will lead the firm’s equity capital markets operations. “Peter is a perfect choice for this important role. He is widely respected […]

By Steven Lamb |March 23, 2004

2 min read

Briefly:

(March 26, 2004) The Canadian Association of Income Funds (CAIF) is commending the Alberta government for its pledge to introduce limited liability for income trusts. In the provincial budget released earlier this week, Alberta said it would introduce the trust legislation this fiscal year. “This is an important decision by the Alberta government,” said CAIF […]

By Staff |March 22, 2004

5 min read

Online insurance dealer supports brokers

(March 22, 2004) In an age where technology has revolutionized the financial services industry, there have been many positive developments, making life easier for the professionals in the field. But there has also been a downside, according to David Slabodkin, president of Canada Protection Plan (CPP). He says the direct sales model presented by the […]

By Steven Lamb |March 22, 2004

2 min read