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Media Advisory - Event: June 15, 2017 - Safeguarding Access to Financial Advice for Canada’s Middle Class – Paul C. Bourque, Q.C. in Conversat
June 8, 2017
Toronto, ON - June 8, 2017- For media registration: Sophie LaPointe (apointe@economicclub.ca), Economic Club of Canada
- To pre-arrange interviews: Sara Clodman (sclodman@ific.ca), The Investment Funds Institute of Canada
What: Paul C. Bourque, Q.C., president and CEO of The Investment Funds Institute of Canada, and veteran journalist Tom Clark will explore why Canadian policy makers are thinking about travelling a road not taken by the majority of global regulators and how proposed regulatory changes – such as a potential ban on embedded fees and the introduction of a best interest standard – would alter the landscape for retirement saving in Canada.
Why: Canadians purchase more mutual funds per capita than any other country in the OECD and are among the world’s highest users of financial advice. This uniquely Canadian success story – the result of public policy and competitive market forces – has made access to advice and investment opportunities available to even the most modest investors. This easy access to investments and advice has translated into better financial security and confidence for those who use advisors versus those who don’t. But there are storm clouds on the horizon as policy makers and regulators consider bringing in transformational changes that may make financial advice unaffordable or worse – unavailable – for many modest investors.
When: Thursday, June 15, 2017, 11:30 a.m. – 1:30 p.m. Speeches begin at 12:15 p.m.
Format: Brief opening remarks by Paul Bourque, followed by a one-on-one conversation with Tom Clark and questions from the audience. Paul will be available to the media at 1:30 p.m., immediately following the event.
Where: Imperial Room, Fairmont Royal York, 100 Front Street West, Toronto
Who: Paul C. Bourque is president and CEO of The Investment Funds Institute of Canada, a post he has held since July 2016. Immediately prior to joining IFIC, Paul served as executive director of the British Columbia Securities Commission.
Veteran broadcaster Tom Clark is one of Canada’s most recognized and respected journalists. For more than 40 years, he witnessed and helped us understand major news events as they unfolded in Canada and around the world.
For more details about the event and to register, visit The Economic Club of Canada website.
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For more information contact:
Sara Clodman
Senior Manager, Public Affairs
The Investment Funds Institute of Canada (IFIC)
Phone: 416-309-2317
Email: sclodman@ific.ca
Website: www.ific.ca
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