News and resources for Canada's top financial advisors
U.S. banks continue to cut bonuses and pays of their senior executives to beef up their bottom line. The latest addition to the growing list has been James Gorman, Morgan Stanley chief executive, who is set to take a pay cut, second year in a row. While the bank is looking for ways to boost […]
By Staff |January 25, 2013
1 min read
Attention was drawn, on the fourth day of the 43rd World Economic Forum (WEF) in Davos, Switzerland, to the risk of a liquidity bubble as the global economy gains momentum. Speaking at the annual meet, Ray Dalio, founder and chief investment officer of Bridgewater Associates, warned against such a consequence. Quoted in a WEF news […]
By Staff |January 25, 2013
2 min read
Much is going awry in the United States, but there’s a wide range of investment opportunities, says Phil Taller, vice president of investments at Mackenzie Investments.
By Dean DiSpalatro |January 25, 2013
3 min read
A struggling global, and U.S. economy will slow growth and reduce demand in the construction, manufacturing, retail and wholesale industries, says Ernst & Young. Read: Follow growth beyond borders This will create obstacles this year for Canadian companies operating in the private mid-market. Read: Entitlement reform key to recovery: TD economist “If sustainable growth isn’t […]
By Staff |January 24, 2013
1 min read
European leaders agreed that they must follow through on decisions made at countless European Council meetings in Brussels and move immediately to complete the single market and conclude free trade agreements, says a World Economic Forum news release. Speaking during the World Economic Forum’s Annual Meeting, leaders of Ireland, Italy, Denmark and the Netherlands expressed […]
By Staff |January 24, 2013
3 min read
Corporate issues provide an extra 1.5%, while junk bonds offer an extra 5.5%, for instance.
By Suzanne Sharma |January 24, 2013
2 min read
The Bank of Canada today announced it’s maintaining its target for the overnight rate at 1%. The Bank Rate is correspondingly 1.25% and the deposit rate is 0.75%. Insisting that some modest withdrawal of monetary policy stimulus will likely be required over time, consistent with achieving the 2% inflation target, the Bank’s Monetary Policy Report […]
By Staff |January 23, 2013
2 min read
Barclays is getting set to slash up to 2,000 jobs.
By Wire services |January 23, 2013
1 min read
If conditions don’t improve, food prices will likely remain high this year after a record 2012 for grain futures.
By Staff |January 23, 2013
1 min read
The New York Times reports over 197 million people are out of work worldwide, and close to 40 million more have thrown in the towel and stopped looking for work altogether.
By Staff |January 22, 2013
1 min read
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