Why it’s Time for Canada’s Financial Industry to Put the Customer First

Why it's Time for Canada's Financial Industry to Put the Customer FirstScrutiny of the financial industry has been on the rise in recent months, fuelled in part by CBC News reports alleging unscrupulous practices at Canada’s big banks. The CBC’s findings may not have been surprising to insiders, who have been witness to the industry’s indiscretions for years. What is surprising is the government’s continued hesitation to force advisers to do what is right — to act in clients’ and customers’…

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Recession May Have Ended But Economy Still in Hole

Recession May Have Ended But Economy Still in HoleTwo years removed from what many feared would be the total collapse of the world economic and financial systems, Canadians may be forgiven for asking — “What was the big deal?” The most severe global recession in six decades fizzled into a run-of-the mill slump in Canada lasting three quarters and costing just over 400,000 jobs, a mere 2.4 per cent of the labour force. And as the second anniversary…

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