Industry

Decorative pattern

Week in review: November 10-14, 2008

Welcome to the weekly roundup of news affecting you, as covered by Advisor.ca and our sister publication, Conseiller.ca. Read this section every week to catch up on the news you missed, or click here and subscribe to get regular updates sent to your inbox or BlackBerry. When a mutual fund company says “a couple hundred […]

By Kate McCaffery |November 14, 2008

8 min read

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Briefly:

(November 13, 2008) It is an age-old question among men: What do women want? When it comes to defining financial success, the answer is “to be debt free,” according to the 2008 TD Waterhouse Female Investor Poll. The survey found 37% of women defined financial success as living without debt, making it the single most […]

By Staff |November 13, 2008

1 min read

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Do more with community investment

(November 2008) Businesses are starting to be measured on the basis of their community involvement — employee engagement efforts hinge on it, consumer perceptions are changed by it and special interest groups like Imagine Canada are beginning to quantify it in an effort to help businesses assess their contribution practices. The benefits of social engagement […]

By Kate McCaffery |November 13, 2008

5 min read

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Briefly:

(November 12, 2008) Canada’s tax system has fallen from 99th place to 105th out of a total 181 countries , according to an annual study from the World Bank, IFC, and PricewaterhouseCoopers (PwC). The report, entitled Paying Taxes 2009, shows tax authorities worldwide are overhauling tax systems by reducing taxes, streamlining administrative processes and modernizing […]

By Staff |November 12, 2008

3 min read

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Briefly:

(November 11, 2008) The remainder of 2008 should pass without another major meltdown in the equity markets, according to a report from CIBC World Markets, which suggests that the market has bottomed out. “We are cautiously optimistic that we can ride out the balance of the year without any further systemic shocks,” says Jeff Rubin, […]

By Staff |November 11, 2008

1 min read

Decorative pattern

Briefly:

(November 10, 2008) The U.S. Federal Reserve Board and the U.S. Treasury announced this morning that it will restructure its support to the American International Group (AIG) “to establish a more durable capital structure, resolve liquidity issues, facilitate AIG’s execution of the plan to sell certain businesses in an orderly manner, promote market stability and […]

By Staff |November 10, 2008

3 min read

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(November 7, 2008) Canadians want to learn more about the tax-free savings account (TFSA) — which will be available to them in January #&151; according to a survey by Scotiabank, with 61% of poll respondents looking for more information. Several financial services firms are already accepting pre-registration for the account. The Scotia poll found that […]

By Staff |November 7, 2008

1 min read

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Week in review: November 3-7, 2008

Welcome to the weekly roundup of news affecting you, as covered by Advisor.ca and our sister publication, Conseiller.ca. Read this section every week to catch up on the news you missed, or click here and subscribe to get regular updates sent to your inbox or Blackberry. News stories we’ve covered this week include Dundee Wealth’s […]

By Kate McCaffery |November 7, 2008

8 min read

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Briefly:

(November 6, 2008) Manulife Financial has turned to Canada’s six largest banks for $3 billion in financing, after posting its biggest profit decline in seven years. The five-year term loan will be fully drawn down by November 20 and will be deployed as necessary, to provide additional regulatory capital. “We are very pleased to have […]

By Staff |November 6, 2008

3 min read

Decorative pattern

Supplementary pension plan gains steam

Not only is British Columbia’s proposed new pension plan the latest in a string of privately-financed plans cropping up around the world, but it may represent a step towards a national supplementary pension plan. The first of its kind in Canada, B.C.’s plan is expected to provide pension coverage for the 75% of British Columbians […]

By Jody White |November 4, 2008

2 min read

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