The Canadian Securities Administrators (CSA) today issued an investor watch to make investors aware of the significant risks involved in foreign currency exchange (Forex/FX) investments. Investors who trade Forex are also warned against dealing with unregistered firms offering Forex trading. The investor watch was created after CSA staff identified an increase in unregistered foreign exchange […]
Read MoreA national youth financial literacy survey, released to mark November as Financial Literacy Month, shows that high school graduates are highly optimistic about their financial futures. On average, students expect to earn over $70,000 in 10 years’ time (more than double the reported income of Canadian post-secondary graduates ten years their age) and almost three […]
Read MoreIt will come as no surprise that we continue to identify investment fraud as the greatest risk to BC investors, which is why we announced a three-year awareness campaign today to teach investors how to recognize and report fraud. Here are the facts. Research tells us that 48% of British Columbians have been approached with […]
Read MoreWith the price of gold reaching record heights during the latest market downturn, it’s no surprise that fraudsters jump on this news to offer investment schemes that involve precious metals. The benefits of precious metals such as gold and silver – their “tangibility” and security, as well as the fact their value often increases during […]
Read MoreFind tools and resources to help you do your due diligence when considering an investment.
Read MoreIn Part one, we talked about the big problem that British Columbia had with unscrupulous operators using the loosely regulated US over-the-counter (OTC) markets to fleece investors. Now, I am going to outline how we are cleaning up this market to protect BC investors and its reputation. Unfortunately, there was no one silver bullet to […]
Read MoreA few years ago, British Columbia had a big problem. Unscrupulous operators were using the loosely regulated US over-the-counter (OTC) markets to fleece investors. These markets are not like a regulated stock exchange, such as the Toronto Stock Exchange or the New York Stock Exchange. Instead, many of these penny stocks trade on little more […]
Read More
Over the past couple of weeks, we have discussed some things investors should be aware of regarding the changeover to International Financial Reporting Standards (IFRS) in Canada. In our previous two posts (Introduction to IFRS for investors and Changes in financial statement terminology), we said that IFRS would apply to most Canadian public companies for […]
Read More
We are discussing some things investors should be aware of in regards to the changeover to International Financial Reporting Standards (IFRS) in Canada. If you read our first blog post Introduction to IFRS for investors, you will know that Canadian Generally Accepted Accounting Principles (Canadian GAAP) for public companies transitioned to IFRS beginning January 1, […]
Read More
Over the next three weeks, we will discuss the changeover to International Financial Reporting Standards (IFRS) in Canada from an investor’s perspective. These posts are a starting point for investors, to increase awareness that some companies are now reporting in IFRS. Our goal is to point out a few things to be aware of, so […]
Read MoreThe BC Securities Commission (BCSC) is issuing a warning to consumers about so-called “wealth enhancement” seminars that are being held throughout the country. The BCSC strongly urges consumers to avoid these types of seminars, and to consult with a registered advisor for any investment advice. Many companies that put on investment seminars claim to provide […]
Read MoreLearn to avoid boiler room scams.
Read More