News and resources for Canada's top financial advisors
Economic Indicators
Stephen Harper framed the election campaign as a referendum on Jim Flaherty’s March 22 budget and ran on his economic track record. Having secured a majority government, will the Conservatives table the same budget, or will they tinker with that original plan? Tell us what you think. Will there be additional tax cuts? New spending […]
By Staff |May 3, 2011
1 min read
The Federal Reserve is signalling that its $600 billion Treasury bond-buying program will end in June as planned because the economy has strengthened and companies are starting to hire more. Ending a two-day meeting Wednesday, the Fed made no changes to the program. The decision was unanimous. The bond purchases were intended to lower loan […]
By Wire services |April 27, 2011
2 min read
The average Canadian family pays more in taxes than it does on the necessities of life, according to a study released by the Fraser Institute. Of course, this depends on what you consider a tax—and how you define “necessity.” According to the study, the average family had an income of $72,393 in 2010, and spent […]
By Staff |April 26, 2011
Despite a growing of risk of a credit rating downgrade, the U.S. remains in denial and unwilling to shake off its decade long fiscal laxity. Rather than cutting to address the disturbing deterioration in fiscal and debt metrics, the U.S. administration remains fixated on spending, says Philip Poole, global head of macro and investment strategy, […]
By Vikram Barhat |April 26, 2011
3 min read
Canadian investors are well versed in the volatility of commodity prices. Recent months have reinforced the connection between the value of industrial inputs and the returns of the stock market. Less understood, however, is what is causing commodity volatility. There’s no question that macroeconomic shocks—such as the earthquake/tsunami in Japan and political turmoil in the […]
More Americans bought new homes in March, helping give the battered industry a small lift after the worst winter for sales in almost a half-century. The Commerce Department says new-home sales rose 11 per cent last month to a seasonally adjusted rate of 300,000 homes. That follows three straight monthly declines. But it remains far […]
By Wire services |April 25, 2011
More than half of Canadians find it impossible to save while trying to pay down debt and meet basic living expenses, according to the TD Canada Trust 2011 Report on Savings. The online survey of 1,003 adult Canadians also discovered that 38% of participants have no savings at all. “A small shift in your everyday […]
By Vikram Barhat |April 20, 2011
The showdown in Washington over the U.S. national debt has prompted Standard & Poor’s to adjust its rating on U.S. Treasuries. While the U.S. still enjoys a AAA rating, S&P warned that there is a one in three chance that it will downgrade the country in the next two years. “Because the U.S. has, relative […]
By Wire services |April 18, 2011
Expanding the Canada Pension Plan is a risky proposition that could actually hinder the plan’s performance, according to study released by the Fraser Institute, Canada’s leading public policy think tank. “The Canada Pension Plan is already so large that any expansion of the plan will increase the risk that the manager of the plan’s assets, […]
By Staff |April 14, 2011
You take one day out of the office to attend an alternative investments conference, and what happens? Probably the biggest financial planning-related election promise the campaign will see is announced. Yes, the Conservatives rolled out an offer on Thursday to double the contribution limit on the TFSA to $10,000 per year, to be implemented once […]
By Staff |April 8, 2011
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