Industry

On The Shelf: TD issues new dividend income PPN

(February 25, 2008) Toronto-Dominion Bank has launched a fresh series of PPNs: the TD Dividend Income Fund-Linked Principal Protected Notes, series 2 and series 2NL (return of capital). Using a dynamic asset allocation strategy, the notes provide investors with 150% exposure to the TD Dividend Income Fund, which is managed by Doug Warwick and Michael […]

By Staff |February 25, 2008

1 min read

Briefly:

(February 25, 2008) Commodity prices continued to climb in January, contrary to fears that the American economy has already entered a recession, according to the latest reading of Scotiabank’s Commodity Price Index. The index, which tracks key commodities produced in Canada, jumped 4.5% to a new record high in January. Prices notched a 20.2% increase […]

By Staff |February 25, 2008

2 min read

Tories expected to stay the course

Immediately raising the age at which RRSPs must be converted to RRIFs to 73 with further consideration to additional increases. Increasing the tax-deductible contributions of defined benefit plans from 110% of liabilities to 125%. Allowing withdrawals from RRSPs to restore contribution room for each investor. Increasing the RRSP and RPP limits to $22,000 in 2010 […]

By Romana King |February 25, 2008

4 min read

Debt or the RRSP?

One question advisors are hearing from clients with more frequency this year is whether their RRSP contribution would be better used to pay down debt than invested in a volatile market. In certain cases, the former may make sense. According to Preet Banerjee, an investment executive with ScotiaMcLeod and author of the recently published book […]

By Mark Noble |February 25, 2008

4 min read