Phillips, Hager & North Investment Management Ltd. (PH&N) has filed an amended simplified prospectus for the 25 PH&N funds currently available to retail investors.The amendment reflects changes to PH&N’s product offering that are designed to enhance transparency, align PH&N’s fund series with industry naming conventions, and provide greater accessibility and expanded options for investors and […]
Canada’s Accounting Standards Oversight Council (AcSOC) has expressed full support for the ongoing efforts of the International Accounting Standards Board (IASB) to develop a globally accepted set of high quality financial reporting standards.At its recent meeting in Montreal, the AcSOC reviewed developments to improve financial reporting in light of the current global financial turmoil.AcSOC members […]
North American auto industry in need of loan guarantees
P&C insurer takes $62 million hit from declining investments
ING Canada profit slips
Holding company boosts dividend
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The federal government has released draft legislative proposals to implement amendments to the functional currency tax reporting rules.“The proposals I am announcing today will improve the tax system and provide an environment in which Canadian businesses can operate more effectively,” said Finance Minister Jim Flaherty in a release.Bill C-28, the second Budget 2007 implementation bill, […]