FINANCE

Alberta Finance Minister Joe Ceci says residents who were forced to settle their insurance claims before an extension was granted on the two-year deadline for the 2016 wildfires should contact the Superintendent of Insurance. In the...
The B.C. Supreme Court has upheld $3.9 million in penalties issued by the B.C. Securities Commission a decade ago against an Abbotsford resident for his role in a Ponzi scheme. With interest, the penalties now total...
Would you put money into a slot machine or gamble at the blackjack table if the house never paid out? Many Canadians are falling victim to online trading sites which offer binary option trading. That’s when you...
A former Whistler man who ran a crude pump-and-dump scheme is facing sanctions after a BC Securities Commission (BCSC) panel found he had contravened the Securities Act. Volkmar Guido Hable was found by the BCSC to...
Investigators called it a "pump-and-dump scheme" that saw 4.8 million shares in a shell company sold for nearly $4.8 million US during a four-month period, beginning in late 2009. Now, a British Columbia Securities Commission panel...
The B.C. Securities Commission (BCSC) is accusing three B.C. men and two mortgage investment corporations of bilking 40 people of approximately $1.1 million dollars over a two-year period. In a notice of hearing, the BCSC alleges...
A Surrey man who B.C. Securities Commission investigators say used $500,000 of a client’s money to pay off debts has been arrested by Vancouver police. Ravinderpaul (Rob) Singh Mangat, 44, was arrested Aug. 5 following an...
The Investment Industry Regulatory Organization of Canada (IIROC) today announced that employees of IIROC-regulated firms will not be able to act as a power of attorney, trustee or executor for their clients, unless they are...
Choosing a financial adviser is a big decision, yet few investors realize that in most provinces there's a lack of specific, harmonized regulation of professionals who provide that type of service. An expert panel set up...
Blaine Albert Kunz, a registered representative with CIBC World Markets Inc. in Medicine Hat, Alta., is on the hook for paying $70,000 in fines after reaching a settlement agreement with an Investment Industry Regulatory Organization...