Got a tip about a white-collar crime? Ontario securities watchdog now pays up to $5M for info + MORE Jul 14th

Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,514.52, up 20.72 points):
Dalradian Resources Inc. (TSX:DNA). Miner. Down two cents, or 1.90 per cent, to $1.03 on 10.9 million shares.
Kinross Gold Corp. (TSX:K). Miner. Down five cents, or 0.71 per cent, to $6.96 on 7.1 million shares.
B2Gold Corp. (TSX:BTO). Miner. Down 11 cents, or 2.76 per cent, to $3.87 on seven million shares.
Birchcliff Energy Ltd. (TSX:BIR). Oil and gas. Up 84 cents, or 10.69 per cent, to $8.70 on six million shares.
Trevali Mining Corp. (TSX:TV). Miner. Up eight cents, or 11.27 per cent, to 79 cents on 5.7 million shares.
Barrick Gold Corp. (TSX:ABX). Miner. Up 33 cents, or 1.21 per cent, to $27.69 on 5.2 million shares.
Companies reporting major news:
Valeant Pharmaceuticals International Inc. (TSX:VRX). Pharmaceutical. Up $1.58, or 5.62 per cent, to $29.69 on 1.6 million shares. Valeant Pharmaceuticals tried to reassure investors Thursday after its former CEO sold nearly US$100 million of equity in the troubled drug company…

As of tomorrow, financial companies will be required to provide people with an annual report that spells out in dollars what investment dealers and advisors have been paid. This is part of an initiative known as CRM2 and the changes apply to investment statements and are intended to help Canadians better understand how their portfolios are faring and how much they have paid for financial advice.
This latest change, made official on Friday July 15, 2016, is one of several amendments that are part of the final step to create a more streamlined, easily understood financial reporting regime. This process began in 2013 under what securities regulators have called the Client Relationship Model Phase 2, or CRM2.
CRM2? It’s a band-aid solution »
Brent Vandermeer, a portfolio manager with HollisWealth, says the new measures are important because they improve transparency across the investment industry.
“Especially in an era of low interest rates, low yields, sometimes weaker investment performance, it’s really important that a client is getting value for the cost they are paying,” he said…

Minority shareholders are concerned that a proposal to take the satellite radio business private low-balls the company’s true value

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Property owners: Get off my lawn, Pokemon!
As throngs of “Pokemon Go” players traipse around to real-world landmarks in pursuit of digital monsters, some ticked-off property owners are asking to have their locations in the fictional Poke-verse removed.
Besides the U.S. Holocaust Memorial Museum in Washington, several churches and cemeteries including Arlington National Cemetery want their in-game locations removed to keep crowds of players away.
The addictive, location-aware smartphone game gives digital incentives like “Pokeballs” as rewards for visiting real places. The locations, known as “Pokestops” and “Gyms,” are based on landmarks submitted by players of Niantic’s earlier game, “Ingress.”
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Investors shrug at longest profit slump since the recession
Not since the Great Recession have corporate profits been on this long of a slump. The response from investors: So what?
Investors are comfortable enough with the yearlong sag that they pushed stock prices to all-time highs this past week…

Ontario’s stock market regulator has unveiled what it says is Canada’s first program to pay for tips from whistleblowers in the securities industry, offering up to $5 million to people whose tips lead to enforcement action.