Industry

Rep fined $80,000 for taking client funds

IIROC says a B.C. man admitted to misappropriating approximately $95,000 from four individuals.

By Staff |November 5, 2012

1 min read

Cdns want to be mortgage-free faster

Contrary to what the current debt-to-income ratio suggests, Canadians have the right mindset when it comes to dealing with their mortgage debt. Eager to leave their mortgages behind, almost three-quarters (72%) of Canadians are taking at least one step to becoming mortgage-free quicker, finds a recent Scotiabank poll. Read: Canadians rely on property to fund […]

By Staff |November 5, 2012

1 min read

Fed Court rules S&P misled investors

The Federal Court has ruled Standard & Poor’s misled investors when it gave complex and risky products AAA ratings, reports Financial Review. Now, S&P could be faced with many more lawsuits in the Netherlands, U.S., UK, and New Zealand. And as a result of the ruling, ratings agencies around the world could end up paying […]

By Wire services |November 5, 2012

1 min read

BlackRock converts silver bullion trust to ETF

BlackRock Investments Canada will be converting its silver bullion closed-end fund into an ETF, called the iShares Silver Bullion Fund (SVR).

By Staff |November 5, 2012

1 min read