Canadians are still getting gouged

Investors are still paying many advisors 5% commissions (and more) primarily due to political interference - where do we go from here?

Ruth Saldanha 2 December, 2019 | 1:31AM

 

 

Ruth Saldanha: We recently talked about how the ban on deferred sales charges or DSC is pretty much dead. The key reason behind this was political interference, mainly due to the Conservative Ontario Government withdrawing a key pillar of support for the plan. Since then, we've had a federal election with the incumbent Liberal Party retaining control albeit of a minority government. What does this mean for the DSC? And where do we go from here? Tom Bradley, President and Co-Founder of Steadyhand is here with us to talk about this today.

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Ruth Saldanha

Ruth Saldanha  Ruth Saldanha is Senior Editor at Morningstar.ca