Industry News

CPP Investment Board chief discusses

The federal finance minister appoints directors from the nominating committee’s list after consulting the provincial finance ministers. Once a year, directors evaluate the effectiveness of the board of directors, including assessing that “there has been no inappropriate pressure brought to bear on the board, any director or management in the investment, procurement or recruitment decisions […]

By John Craig |March 11, 2004

3 min read

Trusts don’t affect tax coffers: Study

R elated Stories Income trust expert says “lost tax” issue is overblown Regulators closely watching income trusts Regulators want more disclosure from income trusts Income trust market still hot The study also found the tax reduction was minimized by the capital gains realized when the companies converted to the trust structure. Because investors were assigning […]

By Steven Lamb |March 11, 2004

3 min read

B.C. planner still irked at IDA

(March 10, 2004) It’s been a month since Bernie Geiss resigned from the securities industry in a dispute with his dealer and the IDA over financial planning. Since then, the B.C.-based fee-for-service planner has received some clarification from the brokerage industry association, but hasn’t changed his mind about quitting. The disagreement centres around an IDA […]

By Doug Watt |March 10, 2004

3 min read

Briefly:

(March 12, 2004) Canadian consumers are were less optimistic in February, according to an Investors Group survey conducted by Decima Research. The Decima-Investors Group Index of Canadian Consumer Confidence dropped to 86.6, off 6.8 index points from November’s reading. “A number of smaller factors such as residual holiday bills, cold weather, higher heating bills and […]

By Staff |March 9, 2004

5 min read