News and resources for Canada's top financial advisors
Economic Indicators
U.S. President Barack Obama has made the case that whoever wins the upcoming election will face an economy still recovering from the “worst economic calamity since the Great Depression” and many Americans will still be looking for jobs and lacking financial security.
April 10, 2012
2 min read
It seems Canadians have taken Ottawa’s warning on debt to heart. They are getting the message that their debt levels are unsustainable and are holding off making big financial commitments such as buying a car, a house and electronics, according to a survey by PwC.
By Vikram Barhat |April 10, 2012
Notorious for its tight capital controls and glacially paced market reforms, India has now displeased foreign investors with a bevy of new taxes proposed recently in the Finance Bill 2012. The international media wasted no time in drawing attention to the widespread concern for, and reconsideration of, the costs and benefits of investing in India. […]
By Vikram Barhat |April 9, 2012
With its seventh-consecutive monthly gain since late last summer, small business sentiment has now reached a stable level and will support sustainable economic growth, according to the Canadian Federation of Independent Business' (CFIB).
April 4, 2012
Reaction to yesterday’s federal budget continues to roll in, with several industry associations and banks adding their voices to the largely positive choir.
March 30, 2012
3 min read
Finance Minster Jim Flaherty has tabled his first majority-backed budget. With the power to push through the Conservative agenda, he has taken aim at public pension plans in an attempt to shrink the size of the government and whittle down the deficit.
By Staff |March 29, 2012
Aside from his $110 brogues, Finance Minister Jim Flaherty’s budget had little that was new for the nation’s senior population.
By Vikram Barhat |March 29, 2012
There were a few items of significant interest to small business owners in the 2012 Federal Budget. Most of them are reflected in the government’s expressed concern for closing perceived tax loopholes. Here are some prominent items relevant to small business owners that should be reviewed.
March 29, 2012
The federal government hiked the eligibility age for Old Age Security (OAS) to 67 from 65 reflecting the reality that Canadians are living longer and healthier lives.
By Doug Watt |March 29, 2012
4 min read
The Ontario budget tabled yesterday included provisions that would see high-income seniors pay a new income-tested deductible on the provincial drug plan, starting August, 2014.
By Vikram Barhat |March 28, 2012
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