Tag Archives: Ian Russell

2015 IIAC Investment Industry Hall of Fame Inductees Announced (IIAC Blog)

2015 IIAC Investment Industry Hall of Fame Inductees Announced (IIAC Blog)

Established in 2013, The IIAC Investment Industry Hall of Fame serves to honour excellence, integrity and leadership in Canada’s investment industry. The IIAC is proud to announce the names of the 2015 inductees:

Peter M. Brown – Founder and former Chairman & CEO, Canaccord Financial Inc.

Frederick M. Ketchen – Former Director of Equity Trading, ScotiaMcLeod

Donald A. Leslie – Former President & CEO, Canadian Investor Protection Fund

Charles M. Winograd – Former Chairman & CEO, RBC Capital Markets; current Chairman, TMX Group

Posthumous Inductees

Jalynn H. Bennett – … Continue reading

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Letter from the President: Global Credit Markets at a Crossroads (IIAC Blog)

Letter from the President: Global Credit Markets at a Crossroads (IIAC Blog)

On June 4-5, 2015, I participated in the International Capital Market Association (ICMA) Annual General Meeting and Conference in Amsterdam—perhaps the foremost venue to understand the leading edge trends in global and European credit markets and the direction of regulatory reform. The bond market liquidity drought dominated the conversations. Finding buyers in the market when investors look to sell has gotten more difficult, resulting in greater day-to-day volatility and wider bid-ask spreads. Even the U.S. Treasury bond market—one of the most liquid markets in the world—is not immune to turbulence. 

There are a number of factors behind this liquidity crunch, … Continue reading

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Ian Russell “Letter from the President”

Ian Russell “Letter from the President”

Ian Russell’s latest Letter from the President entitled “Saving the Canadian Venture Markets Before It’s Too Late” is now available. 

In it, he writes: “We must tackle the underlying causes of deteriorating liquidity and financing in venture markets soon, or run the risk of losing the best source of capital to grow small and medium-sized Canadian businesses into globally competitive enterprises that drive job creation, innovation and economic growth.”

Coverage of Russell’s Letter includes this article on Advisor.ca.

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2015 IIAC Annual General Meeting Notice

2015 IIAC Annual General Meeting Notice

The IIAC’s Annual General Meeting (AGM) will be held in Toronto on Wednesday, June 10, 2015 from 4:30 to 5:30 p.m. ET.

Please note: This AGM is open to representatives of IIAC member firms only.

 

 

The purpose of this meeting is to:

1. Hear the outgoing Board Chair’s report;

2. Present the IIAC’s Audited Financial Statements for the fiscal year ended December 31, 2014, together with the auditor’s report;

3. Elect Members to the IIAC’s Board of Directors for the term beginning Wednesday, June 10, 2015; and

4. Appoint the IIAC’s auditors.

At the close of the proceedings, a networking reception … Continue reading

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Ian Russell’s Latest Letter from the President

Ian Russell’s Latest Letter from the President

Ian Russell’s latest Letter from the President contains insights and takeaways from the SIFMA Private Client Conference held April 8 in Chicago.  According to Russell, the conference “provided a timely opportunity to review the broad themes influencing the wealth management business in U.S. capital markets and gain insights on the challenges and opportunities unfolding in the business, the competitive positioning of large and small firms, and adjustments to business models in response to changing demand.”

While the event focused only on the U.S., Russell states that “Canadian firms confront similar demographic and technology trends, and face the same business … Continue reading

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IIAC Federal Budget Media Coverage

IIAC Federal Budget Media Coverage

Ian Russell, IIAC President and CEO, conducted numerous media interviews following the unveiling of yesterday’s federal budget.  Media were particularly interested in his perspectives on the doubling of the maximum annual TFSA contribution and new minimum withdrawal rules for RRIFs.

As seen on BNN:

Ian Russell, the president of the Investment Industry Association of Canada says the $650 million hit to tax coffers over the next 20 years caused by nearly doubling the maximum annual TFSA contribution works out to 0.3 percent to total government revenue, a number that doesn’t take into account the reinvestment of those savings into the … Continue reading

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IIAC Will Respond to the Federal Budget

IIAC Will Respond to the Federal Budget

Be sure to check back tomorrow after 4:00 p.m. ET for the IIAC’s response to Finance Minister Joe Oliver’s inaugural federal budget.

 

 

 

 

 

 

As part of a time-honoured tradition that sees federal finance ministers purchasing a new pair of shoes on the eve of budget day, Oliver picked his out earlier today.

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The IIAC Supports Doubling the Limit for TFSAs

The IIAC Supports Doubling the Limit for TFSAs

According to numerous media accounts breaking this morning, Finance Minister Joe Oliver is hinting that his upcoming budget will double the limit for tax-free savings accounts (TFSAs). 

In fact, BNN has confirmed the contents of a letter written by the finance minister where he says the TFSA changes are going to happen.

If true, the move would be applauded by the IIAC. 

In a recent Financial Post guest column, IIAC President and CEO Ian Russell outlined why:  “The TFSA isn’t just a popular savings instrument among Canadians, especially for many middle-income Canadians facing retirement. It is also an economic … Continue reading

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Ian Russell at PDAC: The Investment Industry’s Role in Raising Capital for the Mining Industry

Ian Russell at PDAC: The Investment Industry’s Role in Raising Capital for the Mining Industry

IIAC: What government and regulators need to do to get the mining industry back on track

Canada’s investment industry is prepared to invest the time, energy and resources to improve capital raising for the mining industry, but it can’t do it alone: There are steps government and regulators can take to ensure the country’s natural resource companies remain dynamic leaders on the world stage.

This was the message in a speech delivered by Ian Russell, President and CEO of the Investment Industry Association of Canada (IIAC), as part of the Prospectors & Developers Association of Canada (PDAC)’s 2015 … Continue reading

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IIAC’s Ian Russell to Address the Prospecters & Developers Association of Canada (PDAC)

IIAC’s Ian Russell to Address the Prospecters & Developers Association of Canada (PDAC)

The Investment Industry’s Role in Raising Capital for the Mining Industry

On Wednesday, March 4, 2015, Ian Russell, IIAC President and CEO, will deliver a keynote address as part of PDAC’s Technical Program.  In the Return of the state:  The role of government in financing mineral exploration session, Russell will provide a series of regulatory and policy fixes which, if adopted, will get the Canadian mining industry back on track.

Mr. Russell’s remarks will begin at 9:10 a.m.

Additional information is available here.

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