News and resources for Canada's top financial advisors
Economic Indicators
Although three-quarters of Canadian financial executives are optimistic about growth opportunities, many are still facing challenges. According to a Canadian Financial Executives Research Foundation (CFERF) study, these include: increasing pressure (i.e. price, product) from existing competitors (69%); current economic conditions (58%); increasing customer expectations (49%); technological change (35%); competition from new market entrants (33%); and […]
By Staff |October 26, 2012
2 min read
A third of Boomers plan on selling their real estate investments for financial support during their retirement years.
By Staff |October 25, 2012
1 min read
Investors should think twice before putting all their money in bonds. Sure, interest rates are low now, but how long will it last? Today Ben Bernanke, chairman of the Federal Reserve, will likely again promise to keep rates low, reports FT.com, but one day he’ll have to stop making that promise. Read: Long-term interest rates […]
By Wire services |October 24, 2012
A published report says the Swiss bank UBS is preparing to cut about 400 jobs.
Canadian business owners must seize the opportunities in emerging markets, which will account for 70% of global trade by the middle of the century, said Rick Waugh, president and CEO of Scotiabank at the Canadian Business Leadership Forum. At the moment, only 8% of Canada’ exports and 4% of outward investments go to those markets, […]
By Staff |October 24, 2012
The Bank of Canada is maintaining its target for the overnight rate at 1%. The Bank Rate is correspondingly 1.25% and the deposit rate is 0.75%.
By Staff |October 23, 2012
When investors overreact, they create volatility, says Colum McKinley, manager of the Renaissance Canadian Core Value Fund. But that might not be a bad thing.
By Suzanne Sharma |October 23, 2012
Sales of new homes and condominiums remained low in September in Toronto, as a result of new lending restrictions.
By Staff |October 22, 2012
Natural gas producer Progress Energy Resources was disappointed Friday after the federal government rejected a Malaysian state-owned energy giant's proposed takeover bid for the Calgary company.
By Wire services |October 22, 2012
The U.S. economy may be recovering, but it’s still struggling with the weakest recovery since the Second World War.
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