Joe Oliver: Regulators should require investment returns be reported in real terms

Canadian investors would benefit from knowing by just how much inflation is reducing their investment returns. Tony Fell, former CEO of RBC Dominion Securities, has written the Ontario Securities Commission recommending it make inflation-adjusted performance reports mandatory. Informed investors are good for markets’ integrity and efficiency, which is what regulators are supposed to aim for. So it’s a sound recommendation that merits adoption across the country. It wouldn’t cost a lot and would be relatively simple to implement. Statistics Canada already publishes the consumer price index every month. Read More