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Independent & Free Press (Georgetown, ON), 30 September 2021, p. 6

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© BOPINION THIS IS > S =< SS 7 MOURNING & WE COMMIT TO DOING * BETTER, SAYS EDITOR z PAMELA STEEL Hills | Thursday, September PAMELA STEEL Column It's about trust. Our rela- tionship with our readers is initiative to tell you who we are and how and why we do what we do. This column is part of that project. Today is an important step in Canada's journey to healing. The e print edition of this newspaper hits the streets Sept. 30, the first National Day for Truth and Recon- ciliation. day is meant to ho- nour "the lost children and survivors of residential schools, their families and communities. Public com- memoration of the trag' and painful history and on going impacts of residen- tial schools is a vital com- ponent of the reconcilia- tion process," according to Heritage Ca As a organiza- tion, we have taken ahard to Going better. We have formed an In- digenous Awareness and Action committee, made $ up of journalists, “editors 2 and community members, committed to educating its members and our col- leagues, and through this ur communities on the past, present and future Ontario's Indigenous Peo We are aligning this work with the Truth and Reconciliation Commis- ion's calls to action, par- Heulary a ling with On, ‘action 84, we com- mit to work toward being properly reflective of me diverse cultures, lan: es and perspectives o Ab coverage on issues of con- cern to Indigenous Peoples and all Canadians, includ- ing the history and legacy of residential schools and the reconciliation process. On Action 85, we plan to inform and educate the Ca- nadian public, and work to connect Aboriginal and non-Aboriginal Canadi- ans. With newsrooms across Ontal we are uniquely positioned to do this worl On ‘Action 86, we com- mit to educating Metro- land journalists on the his- tory of Aboriginal Peoples, including the history and legacy of residential schools, the United Na- tions Declaration on the Rights of Indigenous Feo ples, Treaties and Aborig: nal rights, Indigenous law, and Aboriginal-Crown re- lations. What does this mean for you, the reader? Expect to see more sto- ries Written from a more inform d perspective from our journalists, and to hear the voices of Ontario's In- digenous community as we amplify them in our news- papers and on our web- sites. Pamela Steel is the managing editor for Mus- koka, Almaguin, Parry Sound and North Bay newspapers and websites. She is also the chair of Metroland's Indigenous Awareness and Action committee. She can be reached at psteel@met- rolandnorthmedia.com. TO LEARN HOW TO SUBMIT YOUR OWN CONTENT VISIT THEIFPCA SNAPSHOT Tony Fortunato photo An eastern tiger swallowtail visits a backyard in rural Georgetown. Do you have a great local photo you'd like to share? Send it to sleblanc@metroland.com, along with a brief description. BANKS PUSH BACK ON INVESTOR PROTECTION REFORM BANKS AND REGULATORS AT ODDS OVER INVESTMENT RULES, WRITES PETER WATSON New reforms designed to provide better protection of individual investors ave hit a major speed bum bum| Starting at the end of 2021, financial advisers are required to have a better un- derstanding of the invest- ment products they sell. This includes understand- ing alternative investment products that might be more suitable for a client. The proposed reforms have come from the Capi Markets Modernization Taskforce. It reported that PETER WATSON Column 95 per cent of mutual funds sold by bank branches are proprietary products. This creates a conflict of interest regarding remu- neration. It is more profit- able fora bank to sell its own. mutual funds than that ofa competitor. In a bold move, three banks announced they will no longer sell competitors' mutual funds at their les that force report there are 60,000 different investment prod- ucts currently sold through ranches anda require- ment to fully understand that many is unmanageable. goal is to reduce nates the conflict of interest. Also the standard of of care between, and cli- ent could be be Sievated tofidu- ciary. requires the cli- ent 8) interest ‘be put ahead of ter Watson is regis- _ with Aligned Capltal Partners Inc. (AC! provide Falnobsio ? tice Investment products are provided by ACPI. ACPLis a member of the Investment opinions expressed are those of the author and not neces- sarily those of ACPI. Wat- $01 , agement services through jatson Inbesiments. Hecan at www.wat- soninvestrents corn, ABOUT US This newspaper, published every Thursday, is a division of the Metroland Media Group Ltd., a wholly-owned subsidiary of Torstar Corporation. The Metroland family of newspapers is comprised of more than 70 community publications across Ontario. This newspaper is a member paper and, if not satisfied, write The National NewsMedia Council, Suite 200, 890 Yonge St., Toronto, ON M4W 2H2, Phone: 416-340-1981 Web: www.mediacouncil.ca ocna el newsroom@thei IndependentAndFreePress @IFP_11 WHO WE ARE Publisher Kelly Montague Regional Managing Editor Catherine O'Hara Managing Editor Karen Miceli Distribution Representative Real Estate Kristie Pell Regional Prato Manager Manuel Gar Halton Moka General Manager Jason Pehora CONTACT US The Independent & Free Press 901 Guelph Line Burlington, ON L7R 3N8 Phone: 905-873-0301 Classifieds: 1-800-263-6480 Fax: 905-873-0398 Letters to the editor All letters must be fewer than 320 words and include your name and telephone number for verification purposes. We reserve the right to edit, condense or reject letters. Published letters will appear in print and/or online at theifp.ca Delivery For all delivery inquiries, please e-mail Ipolar@miltoncanadianchampion.com or call 905-234-1019. fisAe)

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