Industry

Briefly: “Credit unions promote activism” and more news

Today is International Credit Union Day and credit unions are promoting the differences they make in the communities they serve. A new survey shows that Canadian credit unions contributed nearly $37.5 million to local community projects last year. The donations sponsored arts and culture, sport activities, educational programs and facilities, economic development, healthcare, environmental causes […]

By Staff |October 21, 2010

4 min read

Dividend pays better than salary

Small business owners would do well to invest surplus funds within the company instead of increasing their salary to maximize RRSP contributions, says a report from CIBC. The report Rethinking RRSPs for Business Owners: Why taking a salary may not make sense is based on research headed by Jamie Golombek, CIBC’s managing director of tax […]

By Vikram Barhat |October 20, 2010

2 min read

Value manager sees bargains in Japan

As an investment destination, Japan has been on the outs for many investment managers. The country’s long list of woes includes two decades of economic stagnation, an ageing population, historically high unemployment, falling salaries and a colossal national debt of $7 trillion. Adding insult to injury, long-time rival China recently leapfrogged Japan to become the […]

By Vikram Barhat |October 20, 2010

2 min read

Briefly: “Richardson GMP extends ValueOne use” and more news

Richardson GMP has extended its contract with PriceMetrix for the practice management firm’s ValueOne system. Already in use for the past five years, the new commitment extends ValueOne to all advisors in its 17 offices across Canada. “By better understanding our practices, we can continue to enhance our focus on the high net worth client […]

By Staff |October 20, 2010

2 min read