Industry

Young couples opting for separate accounts

An increasing number of young Canadian couples are choosing to keep their fiscal matters divorced, according to a new study by RBC. The study, which focused on couples between 18 and 35 years of age, reveals that a third (34%) of them keep completely separate bank accounts and financial portfolios owing primarily to the need […]

By Vikram Barhat |March 18, 2010

3 min read

Loonie’s race toward parity proves value of hedging

The current pattern of volatility in global currency markets and the recent rally in the loonie against the U.S. dollar are having a menacing effect on the investors with exposure to foreign markets. Currencies are much more volatile today than they have been in ages — a function of world-wide changes in economic or financial […]

By Vikram Barhat |March 17, 2010

4 min read

Retirement no time to dump stocks

The vast majority of Canadian investors don’t know a large portion of their retirement income can be generated from investment growth, according to a survey by Russell Investments and Harris/Decima Retirement Research. Most respondents (88%) were oblivious to the possibility that about 60% of their investment income could come from growth that occurs during retirement. […]

By Vikram Barhat |March 16, 2010

3 min read

Briefly:

The federal government’s Task Force on Financial Literacy has confirmed that March 23 is the deadline to register to make a presentation at one of its public sessions in Vancouver, Yellowknife, Calgary, Saskatoon, and Winnipeg between April 6 and 9. Those wishing to make a presentation at the public sessions should register on the Task […]

By Staff |March 16, 2010

2 min read