Industry

Economy strong despite dollar’s rise

The dollar may be on the rise, but that doesn’t mean the Canadian economy is headed for disaster, according to two of Canada’s leading economists. Speaking at a conference hosted by the Association for Corporate Growth, Don Drummond, senior vice-president and chief economist at TD Bank Financial, says the dollar’s growth can be attributed to […]

By Bryan Borzykowski |November 15, 2007

4 min read

Money market funds drive October sales: IFIC

A skyrocketing Canadian dollar helped sales of money market funds and domestic Canadian equity make a comeback in October, according to the latest statistics from the Investment Funds Institute of Canada. With total industry sales topping $2.4 billion for the month, sales more than doubled September’s total of almost $994 million. Strong money market sales […]

By Mark Noble |November 15, 2007

3 min read

Briefly:

(November 14, 2007) Canada’s boomers appear set to make an impact on their communities, with almost 90% saying they plan to spend part of their retirement working for non-profit or charitable organizations, according to a survey by BMO Financial. The poll found that 34% of Canadians aged 45 to 60 currently volunteer, while 38% said […]

By Staff |November 14, 2007

3 min read

Credit woes have little impact on M&A

The Canadian mergers and acquisitions market remained strong in the third quarter, despite problems in the North American credit markets, according to data compiled by Crosbie & Company. The value of M&A announcements in the third quarter totalled $91 billion, according to Financial Post Crosbie: Mergers & Acquisitions in Canada. This is the second highest […]

By Mark Noble |November 14, 2007

3 min read