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Streetwise gives you news and analysis on Bay Street and the world of finance
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Brokerage business blues deepen Add to ...

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Quiet markets, nervous clients and rising costs are cutting profits for Canadian brokerage firms to the weakest levels in more than a decade.

Figures from the Investment Industry Association of Canada (IIAC) for the second quarter show a huge plunge in the amount of money that brokerage firms are bringing in.

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