Creating an environment favourable to entrepreneurship, enterprise formation and small business growth requires a broad range of mutually reinforcing and supportive policies.
In my latest Letter from the President, I explore ways to facilitate small and medium-sized business access to equity capital.
Click here to read the IIAC’s recommendations.
The Changing Landscape of the Investment Industry (IIAC Blog)
The Changing Landscape of the Investment Industry (IIAC Blog)
Following two years of back-to-back earnings gains, overall operating profit for Canada’s investment industry declined 13% year-over-year in 2015. Both revenue and profit improved for the industry as a whole in the first quarter of 2016.
Aggregate numbers do not tell the whole story. A tsunami of change continues to batter Canada’s investment industry.
– Fixed costs escalate relentlessly to meet the technology and systems demands of front and back office.
– Regulatory reforms not necessarily efficient as cost/compliance dimension not scoped out beforehand through cost-benefit analysis.
– Larger firms widen their competitive advantage with more … Continue reading →
Tagged: Industry commentary industry trends Letter from the President
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