IIAC Announces 2019 Investment Industry Hall of Fame Inductees
The Investment Industry Association of Canada (IIAC) is proud to announce the 2019 Inductees into the Investment Industry Hall of Fame:
Helen Kearns, President & CEO, Bell Kearns & Associates Ltd.
James Pitblado, Former Chairman, RBC Dominion Securities Inc.
Charlie Spiring, Founder, Wellington West Holdings Inc.; Founder and Chairman Wellington-Altus Private Wealth Inc.
Eric Sprott, Founder, Sprott Securities Ltd. and Sprott Asset Management LP
Robert Wyman, Former Chairman & CEO, Pemberton Securities Inc. (Posthumous)
Steven Donald of CI Financial Corp. Appointed IIAC Board Chair
At its Annual General Meeting in Toronto today, the Investment Industry Association of Canada (IIAC) announced its 2019-2020 Board of Directors, including the appointment of Steven Donald, Executive Vice-President and Chief Risk Officer, CI Financial Corp., as IIAC Board Chair, and Benoit Lauzé, Managing Director & Head, Equity Capital Markets-Global Investment Banking, CIBC World Markets Inc., as Vice-Chair. Read More
Letter to the Editor: Ontario’s deregulation initiatives
Investment Executive recently published the editorial, “Batten down the hatches”, assailing Ontario’s deregulation initiatives. Their understanding of said initiatives is deeply flawed and their conclusions erroneous; my letter to the editor corrects the article’s misunderstanding.
IIAC seeks nominations for the 2019 IIAC Top Under 40 Award
The Investment Industry Association of Canada (IIAC) announces its annual call for nominations for the IIAC Top Under 40 Award. The Award recognizes and celebrates the new generation of highly motivated and talented young professionals whose drive, dedication, personal and professional qualities and accomplishments have brought distinction to the investment industry.
This year’s recipient will be announced and celebrated as part of the Investment Industry Hall of Fame. Gala Dinner and Induction Ceremony on October 24, 2019 in Toronto.
To nominate someone, please click here.
Thank you to our Platinum Sponsor: The Canadian Securities Institute (CSI); and to our media sponsor Investment Executive / Finance et Investissement
2019 IIAC FinTech Summit
Join us in Toronto on May 31 for the 2019 IIAC FinTech Summit, “Disruption and Possibilities: Merging the Worlds of Finance and Technology”. Member firms will gain insights on how to harness FinTech to trim costs, streamline operations and offer better value propositions to their clients; learn from legal, regulatory and technical experts on how to navigate the new terrain. Click here to register.
Thank you to our sponsors: National Bank Independent Network; Appway; Four Eyes Financial; Croesus; Fidelity Clearing Canada; Unqork; Montréal FinTech Station; VigilantCS; Omega ATS; BLG.
Remembering Charles Loewen (1932 – 2019)
In Memoriam: It is with deep sadness we observe the passing of Charles Loewen.
Charles was a titan of the industry for many years, as well as a pioneer in his field. Having enjoyed a long career at the firm Pitfield, McKay, Ross, Charles then became a founding member of Loewen, Ondaatje, McCutcheon & Company (LOM) with Christopher Ondaatje and Fred McCutcheon. LOM would become the first independent research-based institutional equity firm in Canada. Charles would continue to press forward with his entrepreneurial spirit to found Loewen & Partners in 2001, providing corporate finance services to growth companies seeking private equity financing. He had a passion for finance and loved putting people and deals together. Throughout his life, he was a major supporter of Canadian entrepreneurs and ensuring their ability to access growth capital within the Canadian market.
Charles was a former governor of the Toronto Stock Exchange and served as a director and senior advisor for numerous private and public companies. He was awarded the Queen’s Jubilee Medal for Contribution to the Financial Industry in Canada in 2012.
The IIAC will be forever grateful for Charles’ generosity of time and guidance as a former director of the Investment Dealers Association of Canada. We would like to extend our heartfelt condolences to Charles’ family. He will be dearly missed.
A memorial service will be held at Grace Church on-the-Hill, 300 Lonsdale Road, on Saturday April 6 at 1 pm. Reception to follow at 135 St. George Street. In lieu of flowers, please make a donation to the Alzheimer Society of Canada.
2019 IIAC Compliance and Operations Symposium – April 3
Join us in Toronto on April 3, 2019 for this full-day event to hear perspectives on hot-button issues impacting compliance and operations professionals within Canada’s securities industry. Network with peers and industry experts throughout the day.
Latest Agenda – Please click here. To register click here.
IIAC Infographic: Ontario’s Capital Markets and Securities Industry
Ontario is a significant contributor to Canada’s capital markets underpinned by a vibrant securities industry in the province.
View the IIAC’s newly created Infographic to learn more.
Remembering Michael Edwards (1947 – 2019)
In Memoriam: It is with deep regret we observe the passing of Michael Edwards.
Michael held numerous prominent leadership positions, including Executive Vice President and Director of RBC – Dominion Securities, President and COO of Richardson Greenshields Canada, and Chairman of the Toronto Stock Exchange.
He served his professional community through his involvement with industry associations: he was Chairman of the Canadian Investor Protection Fund, and a member of the Executive Committee of the Investment Dealers Association.
Michael also gave his time and valued guidance to many worthy causes. He was Chairman of he Board of Directors of the Children’s Aid Society Foundation, a founding director of the Invest in Kids Foundation, and served on several other boards including the Banff Centre for Fine Arts.
The IIAC would like to extend their sincere condolences to Michael’s family. His loss will be deeply felt.
Remembering Michael Wilson (1937 – 2019)
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. His work in the investment industry was recognized by an induction into the IIAC Hall of Fame in 2014.
Outside his professional public service, Mr. Wilson gave back to the community in myriad ways, including as a strong advocate for mental health issues — which included serving as the chair of the Mental Health Commission of Canada for the past four years – and as Chancellor at the University of Toronto from 2012 to 2018.
The IIAC wishes to express their deepest condolences to the family of Mr. Wilson. He was a pillar of Canadian public service, a renowned intellect, and a true gentleman. He will be deeply missed.