Industry

Compensation does not determine good advice, readers say

Last week’s opinion piece on commissions by Jason Pereira continues to provoke tons of reader feedback. Pereira believes that Canada should follow the United Kingdom’s lead by banning upfront commissions from all products. This week, many readers disagreed with Pereira’s stance. Here is what some of you had to say on the subject. Richard Knowles, […]

By Staff |July 10, 2009

4 min read

Briefly:

There was little change to employment in June, leaving total job losses for the past three months at 13,000. The unemployment rate moved up slightly by 0.2 percentage points to 8.6%. Further losses in full time employment offset the gains in part time. Since employment peaked in October 2008, full-time losses (-454,000) have been only […]

By Staff |July 10, 2009

3 min read

Stick with stocks, CIBC says

The average investor should resist the urge to bail out of stocks, as the coming 18 months promise more potential on the upside than the downside, according to the CIBC chief economist Avery Shenfeld. That being said, he expects the summer months will offer little growth, and that investors should simply sit tight and buy […]

By Steven Lamb |July 9, 2009

2 min read

Briefly:

The Canadian housing market has proven resilient over the past few years, resisting the oversized mid-decade price increases seen elsewhere, and also steering clear of more recent collapses. But what is the driver of this steady long-term growth? The answer may lie in Canada’s immigrant population, which has narrowed the home ownership gap with their […]

By Staff |July 9, 2009

2 min read