Industry

Canadians’ finances improve but debt remains high: survey

If a strong Canadian economy translates to better wages for your clients, they might benefit from a reminder to put extra cash toward paying down debt. A survey by the Canadian Payroll Association finds that 66% of working Canadians report being in a better financial position than a year ago, but many continue to face […]

By Staff |September 5, 2018

2 min read

Does your client suffer under student debt?

If your client is a student, struggles with cash flow might be expected, but some students experience greater financial challenges. That’s because student debt is often cited in insolvency. In fact, almost one in seven insolvencies involve student debt, says a report by Hoyes, Michalos and Associates Inc., which is based on a seven-year review […]

By Staff |September 5, 2018

2 min read

BCSC fines, bans formerly registered B.C. man for unregistered trading

A formerly registered man and his company have been banned and fined $100,000 by a British Columbia Securities Commission (BCSC) panel for unregistered trading. The man must also disgorge $389,309—the amount the panel found he benefited from the contraventions. Between October 2010 and September 2014, Prabhjot Singh Bakshi and his company SBC Financial Group Inc. breached the Securities Act by […]

By Staff |September 5, 2018

1 min read

AMF publishes guidance on modern slavery disclosure requirements

The Autorité des marchés financiers (AMF) today published a notice relating to modern slavery disclosure requirements, which provides guidance to issuers. Modern slavery can take a variety of forms, including any work or service performed by a person involuntarily and under threat of penalty, says an AMF release. “Modern slavery affects tens of millions of people […]

By Staff |September 4, 2018

1 min read