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Streetwise gives you news and analysis on Bay Street and the world of finance
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Why boutique dealers are still struggling Add to ...

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Canada’s boutique investment dealers can’t catch a break. This is the best year for equity and acquisition fees since 2007, yet many of the country’s smaller investment banks are still struggling to scrape by.

The situation is so severe that the Investment Industry Association of Canada recently suggested between 30 and 40 smaller dealers could vanish in the next two years by either closing or merging.

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