Market and Investment Insights

Some Thoughts on the Medicinal Marijuana Sector

“A growth opportunity, yes, but at what cost?” These days it seems that many clients are interested to invest in the stories of cryptocurrencies (Bitcoin, Ethereum, etc), artificial intelligence, automation/robotics and cannabis. They are exciting and I can certainly see the growth to come and how many of these will be catalysts of change in […]

Tax Slips and Supporting Documents You May Receive

How you receive tax slips will be a little different this year. Due to the ownership change of HollisWealth midway through 2017, you will be receiving tax slips from both Scotia Capital Inc. (from Jan – Aug) and Industrial Alliance Securities Inc. (from Aug – Dec). This will be the only year this will happen. […]

iA Financial Group Completes the Acquisition of HollisWealth from Scotiabank

QUEBEC CITY, Aug. 8, 2017 /CNW Telbec/ – Industrial Alliance Insurance and Financial Services Inc. (“Industrial Alliance” or “iA Financial Group”) (TSX: IAG) and The Bank of Nova Scotia (“Scotiabank”) (TSX: BNS) (NYSE: BNS) today announced that Industrial Alliance has completed the acquisition of HollisWealth from Scotiabank effective after close of business on Friday, August 4, 2017. […]

Updates on IA Securities Acquiring HollisWealth

In a previous communication, we confirmed the ownership of HollisWealth will change from Scotia Capital to IA Securities (owned by Industrial Alliance) in the 3rd quarter of 2017. We anticipate this as a positive transition as we will continue to benefit from the depth and backing of a large, secure financial institution. We want to […]

Basic Ontario Budget Summary

Below is a brief summary of the Ontario budget from April 27, 2017.  You can download a full review from Scotiabank here. Children’s Prescription Medication: All children and youth aged 24 and under, regardless of family income, get free prescription medication Electricity: Lower household electricity bills on average by 25% beginning this summer (even greater […]