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TORONTO 鈥?The enforcement branch of the Ontario Securities Commission is accusing Caldwell Investment Management of executing most of its clients ; trades through an affiliated company rather than making reasonable efforts to find the be
stanley termosky st alternative.The OSC enforcement staff also allege the Toronto-based firm provided misleading statements to investigators looking into the matter and to an independent review committee established to oversee Caldwell activities.The statement of allegations says the activities occurred between January 2013 and November 2016. ARTICLE CONTINUES BELOW At that time, Caldwell managed nine investment funds and about 300 separately managed discretionary client accounts.Total assets under management by Caldwell Investment Management ranged from $250 million to $400 million over the relevant period. ARTICLE CONTINUES BELOW
stanley mug A company statement says it has been in discussions with OSC Staff for some time and has been working to resolve the issues. Caldwell Investment Management Ltd. will have no further comment for the time being.OSC enforcement staff allege that Caldwell Investment Management failed to
stanley cup have a process in place to evaluate trades or collect information to determine if it was fulfilling its obligation to provide clients with the best alternative. ARTICLE CONTINUES BELOW Iwgr Scotiabank to pay $127.4M to settle U.S. case
TORONTO 鈥?Canadian Tire Corp. Ltd. reported a ramp up in sales in its third quarter Thursday, as pandemic-inspired cooking, home improvement and staycations drove shoppers to the company eponymous stores.The chain, a fixture of Canada retail landscape with products ranging from cookware and auto parts to tools and outdoor living, recorded a 25.7 per cent rise in sales compared with the same quarter in 2019.While the brick-and-mortar stores saw an increase in f
stanley cups oot traffic and an expansion of curbside pickup services, the retailer also grew its online sales by 178 per cent. ARTICLE CONTINUES BELOW Canadian Tire president and CEO Greg Hicks said COVID-19 has encouraged more one-stop shopping and a larger basket size as shoppers stock up to avoid multiple trips to the store.We be
stanley italia lieve that the macro trend with respect to the one-stop shop is here to stay, at least over the winter an
stanley cup quencher d while the pandemic is ongoing, Hicks told an investor call. ARTICLE CONTINUES BELOW Indeed, he said the retailer is seeing strong momentum heading into its busiest sales period, despite scaling back some of the usual holiday promotions to maintain safe levels of traffic at stores.Believe it or not, Christmas sales are already quite strong, Hicks said. And the early snow in the west drove our outwear business at both Mark and SportChek. 8