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March 2009
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Sign Of The Times

Canada’s largest independent broker Canaccord Capital Inc. is shedding a substantial chunk of its staff for the second time in less than six months, this time cutting deep into its pool of brokers according to the Financial Post. As a Branch Manager for almost twenty years, when the order came down to make major cuts such as those noted in this article it was a pretty good signal that the bottom in the market was near…brokerage companies are notorious for hiring high and firing low.

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