Recent Posts

• Remembering Michael Wilson (1937 – 2019)
  

  Remembering Michael Wilson (1937 – 2019)

  February 12, 2019 by Ian Russell

  In Memoriam: It is with profound sadness we observe the passing of Michael Wilson, former finance minister of Canada.

   

  Mr. Wilson served Canada devotedly throughout his career; he held multiple cabinet positions, under several prime ministers, including Minister of International Trade, Minister of Industry, Science and Technology, and Minister of Finance. Most recently he acted as Canadian ambassador to the United States from 2006 to 2009.

   

  During his time in the private sector, he ably led the business community, occupying senior roles at UBS Canada, Royal Bank of Canada and chairman of Barclays Capital Canada. … Continue reading →

• Remembering Donald Munroe (1937 – 2019), and Christopher Barron (1931 – 2019)
  

  Remembering Donald Munroe (1937 – 2019), and Christopher Barron (1931 – 2019)

  February 8, 2019 by Ian Russell

  In Memoriam: It is with deep regret and sadness we observe the passing of both Donald Munroe and Christopher Barron.

   

  Don and Chris were both immensely respected leaders in the Canadian investment industry whose work helped shaped the landscape today. They were active members of their communities and leave behind a rich legacy.

   

  Chris distinguished himself as a leader of Cassels Blaikie for nearly 50 years. He served as a valued board member for numerous organizations including schools, universities, non-profits, and corporations. Previously in his career, he held the positions of Chairman and Chief Executive … Continue reading →

• Investment industry performance, nine months ended September 2018: Strong results likely for the year, but storm clouds gathering on the near horizon (IIAC blog)
  

  Investment industry performance, nine months ended September 2018: Strong results likely for the year, but storm clouds gathering on the near horizon (IIAC blog)

  January 21, 2019 by Ian Russell

  In my latest President’s Letter, I provide an analysis of the investment industry’s performance for most of 2018 and a preview of what is to come. While the sector has experienced strong performance, the worrisome upward move in operating costs poses the greatest threat to dealer earnings and the viability of small dealers in the coming year. Consolidation trends will likely continue, affecting the competitive diversity of the industry and capital-raising for small and mid-sized businesses in public and private markets.

  Read my latest Letter from the President.