Securities industry healthy in Q3 2012

The Canadian securities industry posted a 7.5% year-over-year increase in annual return in Q3 2012, reports the Investment Industry Association of Canada (IIAC). While commissions were down overall 12.4%, mutual fund commissions were up 4.3%. Meanwhile, operating revenue increased 7.7% year-over-year and expenses were down 1.6%. Read the full report.

By Staff | February 5, 2013 | Last updated on February 5, 2013

1 min read

The Canadian securities industry posted a 7.5% year-over-year increase in annual return in Q3 2012, reports the Investment Industry Association of Canada (IIAC).

While commissions were down overall 12.4%, mutual fund commissions were up 4.3%.

Meanwhile, operating revenue increased 7.7% year-over-year and expenses were down 1.6%.

Read the full report.