Board consulting with U.S. and international bodies before making its choice
Optimism replaced by increasing concern about weakening global demand
Fund families to share one common fee schedule
The arrangement agreement between Allen-Vanguard Corp. and Tailwind Financial Inc., a special purpose acquisition company in which Jovian Capital Corp. has an indirect interest, will not be pursued, Jovian said Monday.Jovian subsidiary JovFunds Management Inc. owns 44% of Parkwood Holdings Ltd., which has an indirect interest in Tailwind. JovFunds’ total investment in Tailwind, including directly-held […]
IGM Financial Inc. has completed its domestic public offering of $375 million principal amount of 7.35% debentures maturing April 8, 2019, the company said Tuesday.IGM Financial Inc. is one of the country’s largest managers and distributors of mutual funds and other managed asset products, with over $98 billion in total assets under management as of […]
Alberta budget on deck
Four new investment banking hires
TD Canada Trust and Bank of Nova Scotia have lowered mortgage rates, effective April 7, the banks said Monday.TD is dropping its rates by 10 to 30 basis points.For example, the rate for a 1-year closed mortgage drops by 30 bps to 4.20%.Scotiabank is also trimming its rates by 10 to 30 bps.The rate for […]
Q1 losses on pension plan assets drop Mercer index by 2%
Voluntary Disclosure Program nets more than $373 million in assessed additional taxes