Industry

Cyber bullies target major U.S. banks

Following warnings earlier this month, six major American banks were hit in a wave of computer attacks last week that caused web blackouts and delays in online banking, reports The New York Times. Read: U.S. banks may face cyber attacks Customers of Bank of America, JPMorgan Chase, Citigroup, U.S. Bank, Wells Fargo and PNC couldn’t […]

By Staff |October 1, 2012

1 min read

BMO Harris changes special equity portfolio

BMO Harris Investment Management, manager of the BMO Harris International Special Equity Portfolio, has received regulatory approval to change the portfolio’s investment objectives without requiring unitholder approval. In connection with the change to the portfolio’s investment objectives, the company will also change the portfolio’s name, strategies and sub-advisor. Each of these changes will become effective […]

By Staff |October 1, 2012

1 min read

CIBC Asset Management adds class to fixed-income funds

CIBC Asset Management Inc. launched Class F-Premium units on three funds within its Renaissance Investments fixed-income line up: Renaissance Corporate Bond Capital Yield Fund, Renaissance Canadian Bond Fund and Renaissance Short-Term Income Fund. Subject to an initial minimum investment of $100,000, this new class is available to high-net-worth clients participating in fee-based or wrap account […]

By Staff |October 1, 2012

1 min read

CRA prepares to cut red tape

The Canada Revenue Agency (CRA) is taking measures to cut red tape and support businesses in creating jobs and economic growth. As part of the initiative, called the Red Tape Reduction Action Plan, the CRA has created a dedicated team responsible for coordinating and addressing small business issues. Read: CFIB tackles small business regulatory costs […]

By Staff |October 1, 2012

1 min read