Industry News

Winning streak: Funds finish summer on an upbeat note

(September 4, 2003) For the second straight month, Canada’s mutual fund industry posted modestly positive net sales as investors tentatively returned to the markets. Net sales are expected to be about $200 million in August, according to preliminary estimates released yesterday by IFIC. “Assets in the industry have increased for the fifth straight month to […]

By Doug Watt |September 4, 2003

1 min read

Advisor’s Edge celebrates its fifth anniversary

(September 4, 2003) Is there any better way to celebrate a fifth birthday than by hosting a symposium of 35 top financial services industry professionals to debate the issues facing their industry? “We hosted a symposium, featuring some of the movers and shakers in the industry — some top advisors, some industry leaders — and […]

By Steven Lamb |September 4, 2003

3 min read

CSA restructures, sets up Montreal office

(September 4, 2003) The Canadian Securities Administrators (CSA), a loose coalition of the country’s provincial and territorial securities commissions, is formalizing its structure, setting up a head office in Montreal and creating a new high-level committee to handle policy and rule development. CSA chair Stephen Sibold insists the move is not an attempt to position […]

By Doug Watt |September 4, 2003

3 min read

One-third of Canadians worried about retirement finances, survey says

(September 3, 2003) A significant number of Canadians approaching retirement feel they have not properly prepared for life after work, according to a Statistics Canada survey. While two-thirds of those aged 45 to 59 felt they were making adequate financial preparations to maintain their standard of living in retirement, nearly one-third believed they were not […]

By Doug Watt |September 3, 2003

2 min read