TTF Canada Ambassadors

Larry Elford,


Investor Advocates


Larry is founder of in Canada, which seeks to understand motivations that warp financial systems from being of service to the public, to becoming a dangerous drain upon the public.

After spending two decades as a retail broker in Canada's largest banks it became imperative to understand what was seen as a pandemic of professional financial abuse.  He has testified to parliamentary committees four times in the last decade and is a consulting director to the Small Investor Protection Association of Canada,
Larry is also an author and film producer. He was included in John Lawrence Reynolds’ second edition bestselling book, The Naked Investor, Why Almost Everybody But You Gets Rich On Your RRSP, and Bruce Livesey’s Best Seller, Thieves of Bay Street, How Banks, Brokerages and the Wealthy Steal Billions from Canadians. He produced a documentary film titled “Breach of Trust, The Unique Violence of White Collar Crime”, to benefit investors, legislators and those who investigate financial crime. 
What he has observed over the last two decades of the 1900s, and the first two decades of the 21st-century, is condensed into a book titled  “ABOUT YOUR FINANCIAL MURDER…”, to be released March 2018. The book argues that organized acts by financial professionals, drains North America by as much money as ALL other criminal acts combined.
Larry is a director of the Canadian Justice Review Board, an advisory group which brings independent oversight to the state of affairs of justice systems. His interest springs from decades of observed investment regulatory capture, and financial industry capture of related professions including elements of justice and law. 
Interested persons are invited to join and to share experiences and solutions on social media:
Facebook group for Fraud victims Canada, Australia, the UK, US and beyond.   
Twitter:  @RecoveredBroker
LinkedIn:   Larry Elford

Larry Bates,


The Wealth Game


Larry Bates is a former banker turned investor advocate, author, and speaker. Larry spent over thirty years in the investment business with prominent institutions in Toronto, Canada and London, England including as Global Head of Debt Capital Markets for RBC Capital Markets.


Over the course of his career, Larry both collaborated with and advised many of the world’s most sophisticated investors and financial institutions.


Larry founded the website  in 2017 and has written a book, to be published in late 2018, aimed at helping average investors understand how to achieve better outcomes.


Larry is currently a member of the Investor Advisory Panel of the Ontario Securities Commission.


He is also an active member of TTF's Team Americas.

Paul Bates,

Senior Counsel,

Bates Barristers


Paul Bates is a Canadian senior litigation counsel with 35+ years of experience in complex commercial litigation. Paul is also a member of the UK Bar, and professionally associated with Outer Temple Chambers in the London, U.K.


Paul maintains an extensive practice in financial services, including collective redress, with an emphasis on retail and institutional investor compensation for regulatory contraventions by financial institutions and intermediaries.


Paul serves as a member of the Ontario Securities Commission Investor Advisory Panel to assist the Commission to identify investor interests in Canadian regulatory developments. Paul also leads competition claims for consumer redress.

John Degoey,

Portfolio Manager,

Wellington Altus


John J. De Goey, CFP, CIM, FELLOW OF FPSC™ is a Portfolio Manager with Wellington Altus Private Wealth in Toronto. He enjoys a national reputation as an authority on professional, transparent and evidence-based financial advice. A frequent commentator on financial matters, he has written for a number of media sources including Advisor’s Edge Report, Canadian MoneySaver, MoneySense, The Globe and Mail and The National Post.


He has also made numerous appearances on a variety of television programs, including CBC’s Marketplace, News World and The National, BNN’s Market Call, and CTV’s Canada AM. In 2003, John released his groundbreaking book, The Professional Financial Advisor, which was subsequently updated in 2006, 2012 and 2016.  His new book, “STANDUP to the Financial Services Industry” is due to be released in early 2019.


John is a recipient of the National Multi-Media Award conferred by the Canadian Association of Financial Planners; is the Past President of the CAFP’s Toronto Chapter; and is one of only 70 Canadians to be recognized as a FELLOW OF FPSC™ for his contribution to the advancement of financial planning in Canada. In both 2014 and 2015, Wealth Professional Magazine named him one of the Top 50 Advisors in Canada.  In 2017, John received the coveted Donald J. Johnston Award for Lifetime Contribution to financial planning in Canada from the Financial Planning Standards Council.


John has spoken at numerous conferences throughout Canada as well as in Ireland, the United States, and the Caribbean and has lectured on behalf of the Canadian Securities Institute. You can follow him on Twitter at: @STANDUP_Today

The Great Divide

You can read the speech by  Andrew G. Haldane, FAcSS (the Bank of England's Chief Economist and Executive Director of Monetary Analysis and Statistics) that he gave on 18th May 2016 at the New City Agenda Annual dinner.


The speech is entitled The Great Divide and it is a first class explanation of why the trust deficit really matters and why it makes sense to try to do something about it.


Please click on the green button to access it; if you're not convinced of its relevance to our initiative, here's part of it:


..."The most important and compelling message the Bank received at the Open Forum came in the first session. The Bank had conducted some polling of perceptions of the financial sector – for example, by asking people what one word best described the future of financial markets. Among the Bank’s usual contacts, including those in the financial sector, the most used word was “regulated”. Many of us will have heard that message from financial insiders concerned about the perils of over-zealous regulators.


For me, the more revealing responses came from the general public, from the customers, rather than the producers, of financial services. The word most used by them when describing financial markets was a rather different one: it was “corrupt”. Not far behind were words like “manipulated”, “self-serving”, “destructive” and “greedy”. I am sure many of you have heard those messages too. They are certainly ones I have encountered frequently on my visits around the country."...


Please click the green button  below to access the full speech. If you need to read another piece first, here it is:


..."At least until recently many economists like me, when faced with this evidence, might have shrugged our shoulders. Social capital had no real role in our models of economic growth, unlike physical capital and human capital. Trust did not butter our parsnips and nor did it enter our production functions.


Recently, however, that orthodoxy has changed and the importance of trust has become clearer.


Evidence has emerged, both micro and macro, to suggest trust may play a crucial role in value creation. At the micro level, there is now ample evidence the degree of trust or social capital within a company contributes positively to its value creation capacity. 


At the macro level, there is now a strong body of evidence, looking across a large range of countries and over long periods of time, that high levels of trust and co-operation are associated with higher economic growth.


Put differently, a lack of trust jeopardises one of finance’s key societal functions – higher growth.


Those social capital effects appear to be particularly potent when it comes to financial decisions. Evidence suggests that a lack of trust leads people to retreat from the stock market and banks and to move towards cash holdings and informal sources of credit, such as payday lenders and loan sharks. That jeopardises the second key benefit of finance to society – improved risk-sharing by households and companies.


So a lack of trust in finance potentially hobbles both economic growth and financial stability.


That lack of trust is the mirror-image of the perception gap between the financial sector and wider society, the Great Divide.


The Great Divide matters because it signals a pronounced and protracted erosion of social capital. It puts finance on notice for losing its social licence. And, unaddressed, that jeopardises future wealth and well-being."...


Please click on the green button to access the full speech. If you're not yet convinced you should, here's a final snippet:


..." As a survey in 2013 of financial professionals found, rather remarkably, that over half believed their competitors engaged in illegal or unethical behaviour.  A smaller, but still high, fraction of 24% believed their own company engaged in such practices. Similar percentages believed their industry did not fulfil its fiduciary function of putting clients’ interests first.

The significance of these findings is not the precise percentages, as striking as these are.


More fundamentally, it is because of what they reveal about finance’s perception of itself, the mirror it holds to the social identity of finance."...


Click onto the button below to access the full speech; you'll be glad you did, it's profoundly thought-provoking for anybody interested in the future of the financial services industry:

If you are not already on the right page and want to read about our major international project to help rebuild trustworthiness and confidence in financial services, click on the orange button below:

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