Industry

Briefly:

(August 7, 2008) American consumer confidence has slowed its decline, according to the latest reading of the RBC CASH (Consumer Attitudes and Spending by Household) Index. Overall consumer confidence rose 19.2 points, to a reading of 33.8. The July measurement of 14.6 had marked the all-time low for the index since it was launched in […]

By Staff |August 7, 2008

2 min read

Tips for child care tax planning

With summer winding down and a new school year on the horizon, it’s a good time for clients to assess their projected child care costs and how they will factor into this year’s return. Unlike some other deductions, child care expenses cannot be carried over and must be claimed the year they are incurred. This […]

By Mark Noble |August 7, 2008

5 min read

More choice in ESG prompts competition

The banks — the most mainstream of players — sealed the deal. The entry of RBC, Scotiabank and TD Bank into the green investing realm last year made the case that this style of investing was not just a passing trend. For many industry observers, the launch of these bank-sponsored funds solidified the notion that […]

By Romana King |August 7, 2008

4 min read

Money markets buoy fund sales: IFIC

Mutual fund sales in July were positive, though difficult to gauge, with the Investment Funds Institute of Canada reporting a preliminary estimate of between $480 million and $980 million in net sales. “Though markets have been uncertain as of late, investors continue to invest in mutual funds, albeit money market funds,” said Pat Dunwoody, vice-president […]

By Steven Lamb |August 6, 2008

2 min read