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2 IB OPINION Oakville Beaver | Thursday, August 24, 2023 | ANITA ANAND Column Last month, I had the ho- nour of being sworn in as the president of the Trea- As a member of the gov- ernment's core economic team, I will draw on my ex- perience in financial mar- kets and economic policy to continue serving the NEW CABINET POSITION BRINGS NEW CHALLENGES ket fluctuations and sup- port government spending that targets the needs of Ca- nadians and businesses. Less than one week af- ter my appointment to the Treasury Board, I toured Halifax to discuss my next steps with communi leaders and listen to their feedback. It was great to touch base with the Halifax Chamber of Commerce to talk about how we can sup- port business growth through digitizing govern- ment systems and reduc- ing regulatory burdens. These insights play an in- valuable role in adopting needs of Canadians. policies and regulations [t was my sincere plea- that cut the red ewe to serve Canada as the During my visit ‘to my minister of national de- home province, I had the fence. la am proud ofthe ad- pleasure of "consulting vancements we made in with innovatorsat the Cen- Canada's military capabili- tre for Ocean Ventures and tiesand the (COVE) During my mandate, we also deepened our partner- ships with NATO allies to ic and provide Ukraine with the support it needs. Aspresidentof the Trea sury Board Secretariat, m mandate is to effectively rmment ex- penditures to support the needs ors small businesses, more aff for Ganadia lians ant Tester long-term omic wth. The Canadian economy is resilient with the lowest deficit and the lowest debt- to-GDP ratio in the G7. However, far too mary Ca- € nadians are struggling to 8 pay their bills. 8 As chief operating offi- § cer of the government, I will 3 % pay close attention to mar- 2 facility. Sustainable devel- opment is a key contribu- tor to resilient supply chains and long-term eco- nomic growth. At COVE, scientists and entrepre- neurs are collaborating on renewable energy tions and advancing, ene marine technology In my newrole, it is crit- ical to understand the real- ities of business operations on the ground so that gov- ernment at spending reflects the varied needs of our in- dustries. I will continue to con- and families to discuss our economic agenda and find solutions for Canadians. Anita Anand is the MP for Oakville and the min- ister of national defence. She can be reached at an- iaonnd@origcen TO LEARN HOW TO SUBMIT YOUR OWN CONTENT VISIT INSIDEHALTON.COM SNAPSHOT veGird Lydia Chikoka photo A fox soaks up some sun at Garth Webb Secondary School. Do you have a great local photo you'd like to share? Send it to sleblanc@metroland.com, along with a brief description. INVESTMENT ADVISER AWARDS MAY BE MISLEADING TO CLIENTS When you attempt to evaluate the quality of an investment adviser, are you influenced e awards they've achieved? If so, be careful. Some of these awards are not based on invest- ment or financial planning proficiency, but rather on sales production or how much money an adviser manages. The Ontario Securities Commission (OSC) has is- sued a warning to invest- ment firms. Sales produc- tion awards are now con- sidered a "compliance defi- ciency." In simple terms, if you have achieved investment, financial planning or other PETER WATSON Column The OSC has requested that firms and investment advisers remove referenc- es to awards or recognition of any marketing or client communications, includ- ing on websites or Linke- din profiles. In my opinion, this is an excellent move by the OSC. The world of investments and financial planning is that can be promoted. Gen- eratinga certain amount of revenue sales can no longer bet sed for market- ing purposes. enough. Investors need clear and relevant information so they can make the best decision on who the should consider helping them manage their invest- in these new restrictions will not curtail an adviser's ability to promote them- selves. As an example, rere. ABOUT US ; lay, is a Metroland Media Group Ltd., wholly-owned subsidiary of ‘Torstar Corporation. The Metroland family ‘of newspapers is comprise publications across Ontario. This newspaper is a member of the National NewsMedia Council. Complainants are urged to bring their concems to the attention of the newspaper and, if not satisfied, write The National NewsMedia Council, Suite rn i Yonge St., Toro1 forot Phone: 416- Sa 961 : www.mediacouncil.ca nnc Aocna meeibe ne - Samet | Canada insidehalton@metroland.com ook.com/OakvilleBeav @OakvilleBeaver WHO WE ARE Vice President, Editorial Lee Ann Waterman Metroland Editor-In-Chief Paul Berton Regional aneral Manager Jason Pehor Director ofc Content ee Ann Waterman Regional Managing Editor Managing ete nn Mic Gteaaton Manager Kim Mosst Director of Advertsing Cindi Campbell motion can municating how many ‘of their clients have a written financial plan or indicating what financial services are offered. Promote the education and industry the adviser and team mem- ers. Indicate the number of years’ experience. The OSC has indicated it will be strict on imple- menting these new guide- lines. The days of self-promo- tion based i Paul Gostin CONTACT Us Oakville Beaver 211 Pritchard RU, Unit 4, issifi pavers 289. 293+ 0620 For all delivery inquiries, please e-mail kmossman@metroland.com or call 905-631-6095. Letters to the editor Send letters to ments are over. That is good for investors. Peter Watson, of Watson Investments, MBA, CFP®, R.EP, CIM®, FCSI, offers a weekly financial pi ning column, Dollars © Sense. He can be contacted through www.watsonin- vestments.com. com. All letters must be fewer than 320 words and include your name and telephone number for verification is. We reserve the right edit, condense or reject letters. Published letters will appear in print and/or onvine at insidehatton. Accrédité Accredited.