Industry

Briefly:

(July 29, 2008) Small business owners who want to invest in lowering their firms’ impact on the environment may qualify for an interest-only term loan, now on offer from TD Canada Trust. The loan program, which allows the borrower to defer principal payments for up to 12 months, is also available for investments aimed at […]

By Staff |July 29, 2008

3 min read

Severance buyouts require advice

On Monday, BCE announced that it would be terminating more than 2,500 staffers, while General Motors (GM) offered lucrative buyout packages to reduce its workforce at its plant in Oshawa, Ontario. For employees the situation is less than optimal. They’ve lost their jobs and likely don’t have a clue about how to deploy their severance […]

By Mark Noble |July 29, 2008

5 min read

Briefly:

(July 28, 2008) The Investment Industry Association of Canada will be calling a definitive pronouncement when the Expert Panel on Securities Regulation makes its final report. In its submission to the panel earlier in July, the IIAC said a clear transitional path is needed to remove any uncertainties surrounding regulatory reform. The primary objective of […]

By Staff |July 28, 2008

2 min read

New bankruptcy laws let clients keep their savings

Prior to July 7, Canadians forced into bankruptcy could kiss their entire retirement savings goodbye. But thanks to a new rule implemented at the beginning of the month, creditors can no longer raid a client’s RRSP savings. The rules also apply to RIFFs and deferred profit sharing plans. Terri Williams, CFP and director of educational […]

By Bryan Borzykowski |July 28, 2008

3 min read