The Investment Industry Regulatory Organization of Canada has found that two registered representatives at Golden Capital Securities Ltd. failed to properly perform their roles as gatekeeper to the capital markets.Following a disciplinary hearing held on December 1-5 and 8-10, 2009, in Vancouver, an IIROC hearing panel found that:• between January and December 2004, Konstantinos Georgakopoulos […]
Slowdown in manufacturing weighs on Ontario cities
Russell Canada to implement U.S. currency hedging
Acuity Income Trust Fund, Acuity Growth & Income Fund
Desjardins Group is adding a socially responsible investing option to its discretionary portfolio management service, the company announced on Tuesday.Desjardins Private Management, which offers discretionary portfolio management and trust services to high net worth clients, is now offering segregated accounts managed according to the principle of active investment, which emphasizes dialogue with companies. The new […]
The labour productivity of Canadian businesses rose 0.3% in the first quarter as output and hours worked made a sharp decline, Statistics Canada said Tuesday.StatsCan reported the gross domestic product of Canadian businesses and hours worked related to this production were both down sharply, posting the largest quarterly declines since the first quarter of 1991.The […]
MSP Maxxum Trust unitholders have approved a resolution to merge the trust into Mackenzie Maxxum Dividend Class, Mackenzie Financial said Monday.The trust’s units are expected to be delisted from the TSX after the close of trading on June 24.The merger is expected to be completed on June 26.IE
CIBC announced Monday the addition of six-day full-service banking at an additional 54 existing branches across the country.The majority of these branches will begin offering extra hours as of Saturday, June 20, to provide clients greater flexibility, access, and choice.Monday’s announcement means CIBC clients will be able to bank at least six days a week […]
World Elder Abuse Awareness Day
Updated line-up includes three distinct brands