Industry News

Costello loses court appeal

(July 13, 2004) Former financial guru Brian Costello, who was reprimanded and fined by the Ontario Securities Commission last year, has lost a court appeal of his case. Costello, a popular media commentator and seminar presenter, had argued that the OSC made a mistake when it ruled he provided financial advice without being registered and […]

By Doug Watt |July 13, 2004

2 min read

Positive news buoys business confidence

(July 12, 2004) Canadian businesses are more optimistic about the economy than they were in the spring, according to the Bank of Canada’s Business Outlook Survey, with that optimism based on improvements in the overall global economy. “Businesses remain generally optimistic about future sales volumes,” the bank said in its report. “This outlook is based […]

By Steven Lamb |July 12, 2004

2 min read

Can you spot the COI? Advisor’s Edge can help

(July 12, 2004) Would you know a centre of influence (COI) if you saw one? While many financial advisors are accustomed to finding new prospects through lawyers and accountants, but the list of potential COIs goes far beyond the traditional professional base. That’s the focus of the cover story in July’s Advisor’s Edge magazine. “Rather […]

By Steven Lamb |July 12, 2004

2 min read

Minority government need not stall regulatory reform, says TSX boss

(July 12, 2004) Skeptics believe the Liberal party’s current minority position in Ottawa means a freeze on efforts to reform the country’s fragmented securities regulation system. But TSX president Barbara Stymiest is keeping up the pressure, urging Ottawa to keep its commitment to work toward a single regulator. “This is a matter, not of politics, […]

By Doug Watt |July 12, 2004

2 min read