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Archive for the ‘Relationship Disclosure Information’ Category

National Bank Conversion Information

Posted on March 13th, 2014 by David Baskin

We have previously informed you that the institutional business of TD Waterhouse was purchased last year by National Bank Correspondent Network (“NBCN”).  We have now confirmed that the transition to the NBCN system will take place following the close of business on April 25, 2014.  We have been meeting with the NBCN team, many of […]

National Bank Conversion FAQ

Posted on March 13th, 2014 by David Baskin

When will my account with NBCN be opened? Your account will be opened in the days leading up to the transition on April 25. Do I have to sign new account documentation? No, you will not be required to sign new account documentation. The agreements you had with TD Waterhouse Institutional Services have been assigned […]

Commissions, Fees, and Charges

Posted on June 25th, 2013 by Baskin Administrator

Baskin Financial is not a stock or bond broker. Trading for clients is conducted through a number of different Canadian brokers who are regulated by the Investment Industry Regulatory Organization of Canada (IIROC).  Clients pay commissions to the executing broker for each trade.  As of June 30, 2013, commissions payable by Baskin Financial clients are […]

KNOW YOUR PRODUCT

Posted on June 22nd, 2013 by Baskin Administrator

KNOW YOUR PRODUCT Asset Categories in which Baskin Financial invests – Definitions COMMON SHARES Securities that represent ownership in a corporation. Holders of common shares have a right to vote on the election of corporate directors. Dividends on common shares are not fixed but are determined by the board of directors of the corporation; they […]

WHY WE DISCOURAGE INVESTING WITH BORROWED MONEY

Posted on June 22nd, 2013 by Baskin Administrator

We are aware that some investment managers and brokers encourage their clients to borrow funds to increase the size of their investment portfolios. This practice is also referred to as using leverage. They argue that the return on investment will likely be higher than the rate of interest paid on the borrowed funds; that the […]

Benchmarks

Posted on June 18th, 2013 by Baskin Administrator

Please see the attached for an explanation of the use of Benchmarks at Baskin Financial Benchmark Letter