Economy

National net worth nudges northward

As a nation, our debt levels might be bad, but our net worth is still growing. Canadian national net worth rose by 0.3% to $6.3 trillion in the fourth quarter of 2010, according to a Statistics Canada report. On a per capita basis, national net worth grew to $184,200 in the fourth quarter, up from […]

By Vikram Barhat |March 14, 2011

2 min read

Canadians less optimistic about retirement

The 2011 Canadian Unretirement Index, released by Sun Life Financial today, shows the average Canadian expects to retire at age 68—three years later than respondents reported in the same study a year ago. The economic downturn has had the most significant impact on the retirement expectations among those earning less than $50,000 per year. They’re […]

By Staff |March 8, 2011

2 min read

Canadians upbeat on finances, economy

Consumer confidence is higher now than it was in November of last year, according to the latest Harris/Decima-Investor’s Group Measure of Consumer Confidence. The upbeat mood also extended to their personal financial wellbeing and their short- and medium-term outlook—personally and for the Canadian economy. The overall measure of consumer confidence increased from 82.8 last November […]

By Staff |March 8, 2011

2 min read

Home buying takes plenty of homework

The spring real estate season is just around the corner and clients may already be asking your advice about financing. Whether a fixer-upper or a new build, cost is the biggest consideration among Canadians looking to buy a home, says TD Canada Trust releases 2011 Home Buyers Report. This may be obvious to most advisors, […]

By Vikram Barhat |March 7, 2011

3 min read