Canaccord take-private bid over as management offer expires
Proposed deal ends with standstill agreement and executive changes
- By: Mark Burgess
- June 14, 2023 June 14, 2023
- 12:44
Proposed deal ends with standstill agreement and executive changes
Deal adds investment counsel portfolio managers to Canada Life
Plus other moves within the industry this week
Proxy advice grounded in market input and client demand, firm says
The cash-alternative category of ETFs is low risk, but not all investors feel that way
Industry braces for technical challenges as new disclosures take effect
Population growth may be interfering with the BoC's efforts by propping up demand in the housing market
Tuesday's inflation figures arrive as Federal Reserve officials begin a pivotal two-day meeting
Behavioural coaching once again added the most value
Annual survey finds universal adoption of ESG and sustainability initiatives
High-profile enforcement may spur U.S. policy reform, Moody's says
Government spending, hiring and transfers are making BoC's job tougher
The lawsuits are the latest in an ongoing tussle between government and the crypto industry
Meanwhile, the U.S. stock market held relatively steady near its records
Paper calls for guardrails against negative side effects of digital innovation
Asset performance to weaken as growth slows and inflation, rates face pressure
Shell companies, crypto exchange processed US$470 million in drug money
In series of legal filings, regulator claims exclusive jurisdiction
Project designed to avoid creating needless burden with new regime
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
Powell has signalled he could stay on Fed board after term as chair ends May 15
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
Plus, a new gold bullion mutual fund and a slew of product lineup changes
Clarity for clients makes it easier to shop across carriers
At the same time, both fund types recorded positive net sales