As regulators continue to examine whether sales fees should be unbundled from investment products, a new report suggests the move could have serious ramifications for Canadians’ access to financial advice and raise issues of investment choice, industry concentration and price transparency for clients seeking financial advice. The report, released Thursday by the School of Public […]

Source: Globe and Mail

Cost overruns at the North West Redwater Partnership’s Sturgeon refinery are back in the news. The Government of Alberta has confirmed that capital costs are now estimated at $9.3 billion, about a billion more than the last estimate in 2014. And that estimate was $2 billion higher than the 2011 estimate of $6.5 billion. It […]

Source: Calgary Herald

Desjardins has announced the temporary suspension of lending for pipeline projects, including Kinder Morgan’s Trans Mountain pipeline. If the decision becomes permanent, Desjardins might not fund other Canadian pipeline projects such as Enbridge’s Line 3 and TransCanada’s Keystone XL and Energy East. Canadian lender Desjardins may stop pipeline loans Michal Moore, senior research fellow with the University of Calgary’s School of Public Policy, spoke […]

Source: CBC

If Prime Minister Justin Trudeau wants to leave a lasting positive legacy that will be remembered by Canadians for all time he’ll need to do more than legalize marijuana, hike taxes and run record deficits. That’s why Trudeau would be wise to heed the recommendations of a Senate committee report born from research originating at […]

Source: Calgary Herald