Industry

Succession plans dominate conference

With millions of Canadians approaching retirement, succession planning is indeed a hot topic. According to Statistics Canada, by 2015 one in five workers will be aged 55 to 64, which means there may never be as many people looking to hand off or sell businesses as there are right now. And what’s true for businesses […]

By Suzanne Sharma |June 1, 2010

4 min read

Briefly:

BluMont Capital has announced that Sherpa Asset Management will be awarded the exclusive investment management duties for the BluMont Core Hedge Fund, effective July 1, 2010. “Sherpa is an exciting new investment manager for the fund with a robust investment program that we believe will quickly add value for its unitholders,” said James Wanstall, CEO […]

By Staff |June 1, 2010

2 min read

Rate hike reassuring: experts

The Bank of Canada (BOC) interest rate hike is inspiring a bullish outlook among industry experts, who consider it a sign that Canadian economy is on solid footing. There does, however, seem to be some concern over uncertainty of future action. “A modest interest rate hike may be viewed as bullish from the equity market,” […]

By Vikram Barhat |June 1, 2010

3 min read

Briefly:

RBC has launched myFinanceTracker, which the bank says is Canada’s first online financial management tool integrated into an online banking system. The tool categorizes customer transactions, tracks expenses and provides advanced budgeting capabilities for all personal banking and credit card accounts. The tool is available to all personal RBC online banking customers at no additional […]

By Staff |May 31, 2010

3 min read