Industry

Time is on the side of young investors

Becoming a millionaire might be more achievable than young Canadians realize, according to a TD Canada survey. Just a fist full of dollars a month, provided the saving starts early. The TD Canada Trust Millionaire’s survey, which polled 689 randomly selected Canadian adults aged 18-34, reveals young Canadians, despite having the power of compounding on […]

By Vikram Barhat |February 16, 2011

3 min read

Final agreement reached on Norbourg

The curtain appears set to fall on the Norbourg saga, as all parties involved in the legal actions have signed a final agreement to pay $55 million to the victims of the fraudulent investment scheme. The settlement will be submitted to Superior Court Judge Andre Prevost on March 14, 2011, for approval. All Norbourg and […]

By Staff |February 16, 2011

1 min read

Assessing the earning power of financials

This past year has been interesting for financials. After the recession in 2008, bank rescues and profits led markets to recovery in 2009 as writedowns on bad loans began to slow and lending activity resumed.

By Andrew Zamfotis |February 16, 2011

3 min read

U.S. to lead recovery: Laurentian Bank

Looking for a contrarian conversation starter to put in front of your clients? Try the sunny outlook for the U.S. economy, which may be positioned to outperform in 2011, according to Laurentian Bank. The U.S. economy has already recovered “all economic activity lost during the recession,” and is building upon that base, says Sébastien Lavoie, […]

By Steven Lamb |February 16, 2011

2 min read