Monthly Archives: March 2015

This Week in Financial History

This Week in Financial History

For the week of March 30

March  30

1872 – The first issue of The Mail is published; it later becomes part of The Globe and Mail.

 

 

 

 

 

March 31

1937 – The Toronto Stock Exchange closes at 193.6, up 200% since 1932.

1831 – Montreal is incorporated as a city.

April 1

1976 – The federal government raises the federal minimum wage to $2.90 per hour.

April 2

1968 – Montreal Mayor Jean Drapeau creates Canada’s first modern lottery to help pay down the $250 million deficit from Expo ’67.

 

 

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StreetBeat Will Return the Week of March 30

StreetBeat Will Return the Week of March 30

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Thank You for Seven Great Years, Barb Amsden!

Thank You for Seven Great Years, Barb Amsden!

After seven years, our valued colleague, Barbara Amsden, will be leaving the IIAC on April 1st.

Barb was one of the IIAC’s original staff members, joining the association when it launched. Since then, she has worked on a dizzying array of projects including capital market improvements, red tape reduction, the awarding of Diamond Jubilee medals, taxes, and, of course, most recently spearheading cross-industry efforts to implement CRM1 and CRM2.

Here is part of an email sent to Barb’s colleagues by Ian Russell, IIAC President and CEO: “We will all miss Barb’s energy, wit, intelligence and … Continue reading

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Proof Positive that a Picture Says a Thousand Words

Proof Positive that a Picture Says a Thousand Words

From the International Monetary Fund:  Outstanding Credit by Member 

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Register Now: Free IIAC Members-Only CRM2 Event

Register Now: Free IIAC Members-Only CRM2 Event

Implementing CRM2:  Traps and the Tips and Tools to Avoid Them

Date: Tuesday, March 31, 2015

Time:  1:00-4:00 p.m. ET, with networking reception to follow

Location:  Outside of Toronto, via Webex; shared settings in other locations are being organized and details will be made available shortly

In TorontoScotia Plaza40 King Street West, Toronto44th Floor – Elliot Room

Sponsored by Broadridge and Hosted by Borden Ladner Gervais LLP (BLG)

Who should attend:  Senior executives from small and mid-size firms, and key staff at larger firms who must stay on top of all key aspects of these major strategic changes

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Political Leaders as Brands: What do Voters See?

Political Leaders as Brands: What do Voters See?

From Abacus Data

Abacus is certainly changing the way polling is conducted in Canada.  Rather than asking the usual “If an election were held tomorrow, who would you vote for”, Abacus is challenging Canadians to ascribe emotional and intellection qualities to our three federal leaders.  In its latest national poll, survey respondents were asked to consider a series of choices of words or thoughts and then assign them – in order – to the leaders.

Here are the findings in alphabetical order:

Stephen Harper

His strongest attributes were: experienced and serious. More than 70% associated these thoughts with … Continue reading

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This Week in Financial History

This Week in Financial History

For the week of March 16:

March 16

1967 – Quebec raises its provincial sales taxes from 6% to 8% to supplement family allowances. This becomes the highest sales tax in Canada.

1977 – Quebec Finance Minister Jacques Parizeau abolishes the province’s Anti-Inflation Board.

1990 – Prime Minister Brian Mulroney signs 10 bilateral agreements with Mexico and discusses free trade with President Carlos Salinas de Gortari.

March 17

1577 – Martin Frobisher gets a commission from the Cathay Company to hunt for gold in the Arctic. He later returns with tons of worthless pyrites, which are dumped as … Continue reading

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Confirmed: Apple is Big – Very Big

Confirmed: Apple is Big – Very Big

There’s a great website called Things Apple is Worth More Than and it’s a mind-boggling list of “things” that are worth less than Apple. 

Apparently, Apple is bigger than:

The global coffee industry

Two entire Apollo space programs

 

 

 

 

 

Worldwide lottery sales

The entire U.S. Stock Market in 1977

Total prescription drug sales in the United States

The annual beer consumption of Ireland – 300 times over

More than one billion iPads

The entire United States aircraft carrier fleet

 

 

 

 

 

Retail sales of electricity in the United … Continue reading

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Signs You’re Addicted to Financial Twitter

Signs You’re Addicted to Financial Twitter

Joshua M Brown over at The Reformed Broker has come up with a very clever list of signs that you’re a (very) close follower of financial Twitter.  Here they are (and the list includes links to some great Twitter accounts):

You unintentionally know more about Greece than you had ever thought possible

Joe Weisenthal is your alarm clock 

You wish David Tepper, Bill Ackman, Michael Lewis and Retired Bernanke would show up here already and engage

You know its five o’clock when the Gartman subtweeting gets underway

You’ll retweet Eddy Elfenbein‘s jokes but only favorite Ivan … Continue reading

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Wealth Professional’s “Women of Influence”: The IIAC is Well Represented

Wealth Professional’s “Women of Influence”: The IIAC is Well Represented

The IIAC’s very own Barb Amsden has been named one of Wealth Professional’s “Women of Influence” in its most recent edition.  Although her colleagues at the IIAC are decidedly biased, this is a highly fitting tribute to a woman who impresses us with her razor-sharp intellect and interminable kindness every single day.

 

Joining Barb on this (impressive) list are two IIAC Board members:  Sandy Cimoroni and Charyl Galpin.

Congratulations on this well-deserved accolade!

Read more about their contributions to Canada’s investment industry here.

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