Industry

Non-confidence vote a non-event: Industry

There has been a muted response from the Canadian financial services industry to the fall of Harper government as it treats the result of non-confidence vote as a bit of a non-event.

By Vikram Barhat |March 25, 2011

2 min read

Industry

Feds launch online insurance guide

The federal agency tasked with improving consumer financial education—yes, it’s been around for a while—has launched a new online publication to improve understanding of insurance. Understanding Insurance Basics is a creation of the Financial Consumer Agency of Canada (FCAC), covering both the life and health segment, and the property and casualty industry. “Insurance is an […]

By Staff |March 24, 2011

1 min read

Industry

Ontario Court of Appeal refuses Berry appeal

The Court of Appeal for Ontario has refused a motion for leave to appeal made by David Berry with regard to a recent decision of the Ontario Superior Court of Justice Divisional Court. The Court also awarded $750 in costs to Market Regulation Services (RS) Inc. (now part of IIROC). In November of 2010, the […]

By Staff |March 24, 2011

2 min read

Industry

Managers favour U.S. equities, oil: survey

A recent Russell Investments Canada poll shows that while a majority of investment managers still like Canadian equities, an increasing number expect U.S. equities to be a source of growth in the second quarter of this year. Bullish sentiment on Canadian equities, while falling 9% this quarter, still sits at a very strong 68%, the […]

By Staff |March 24, 2011

3 min read

Budget provides modest, targeted breaks for families

|| Take the Poll || Client Letter || Full Budget Speech || Summary of Measures || Economic, Fiscal Outlook || Financial Resolutions || While this year’s budget contains some tax breaks for average Canadian families, the changes aren’t much to get excited about. Fred O’Riordan, national tax advisor at Ernst & Young, says he wasn’t […]

4 min read

Small caregiver credit, minor perks for seniors

A family caregiver tax credit of up to $300, a Guaranteed Income Supplement top-up of $50 a month for singles and $70 a month for couples, and elimination of the mandatory retirement age for federally regulated employees are not enough to improve the quality of life and increase opportunities for Canadian seniors.

4 min read

Budget 2011: A client letter

Show clients you’re proactive by sending them this customizable letter about the Federal Budget. Dear [Client/Prospect name], As you know, Finance Minister Jim Flaherty delivered his federal budget on March 22 in Ottawa. This budget has several items that could affect your financial plan or present additional opportunities. In case you haven’t had a chance […]

2 min read

Sun Life’s Hudon praises Quebec’s VRSP

In a speech to the Canadian Club of Montreal, the president of Sun Life Financial in Québec, Isabelle Hudon, said she is highly optimistic about the financial future of Québeckers following recent decisions by the Government of Québec to establish new voluntary retirement savings plans. In particular, she welcomed the addition of an automatic enrollment […]

2 min read

Raymond James names private client strategist

Raymond James Ltd. has announced the hiring of Andy MacLean as the firm’s new Private Client Strategist for Canada, effective April 1, 2011. “Andy is a talented professional who will enhance our ability to better serve our financial advisors and their clients by delivering actionable investment ideas, market commentary and portfolio solutions,” says Terry Hetherington, […]

By Staff |March 22, 2011

1 min read