News and resources for Canada's top financial advisors
Economic Indicators
The extent to which JPMorgan Chase employees knew about Bernie Madoff’s Ponzi scheme is still unclear, respite regulators’ attempts to draw the information out, says the New York Times.
By Staff |March 5, 2014
1 min read
Marijuana laws in Canada will soon be getting an overhaul, report Profit and the CBC.
Centralized loan obligations, a little-known product made of bundles of loans to debt-laden companies, may be on the way out because of America’s new banking laws, says the New York Times.
There are 268 new billionaires on the planet, swelling the ranks of the ultra-rich to 1,645, says Forbes.
Privacy is becoming a luxury good, says Julia Angwin in the New York Times. She spent more than US$2,200 trying to protect her privacy last year.
The Bank of Canada is maintaining its target for the overnight rate at 1%. The bank rate is 1 .25% and the deposit rate is 0.75%.
2 min read
Housing and retail sales will weigh on Canada.
By Dean DiSpalatro |March 4, 2014
Fed may reveal more about the state of the U.S. financial system in March.
By Staff |March 3, 2014
Preparations for the G8 summit in Sochi (scheduled for June) have been halted.
By Staff, with files from The Associated Press |March 3, 2014
Calgary, Regina, Edmonton, and Saskatoon will lead Canadian metropolitan areas in economic growth in 2014. However, the economies of most cities in central and eastern Canada are expected to grow faster this year than in 2013, according to a Conference Board of Canada analysis of 28 Canadian census metropolitan areas (CMAs).
By Staff |February 27, 2014
4 min read
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