Industry

BCSC cautions against retail FOREX trading

The British Columbia Securities Commission has noticed a sharp increase in the number of people contacting it about losses incurred by foreign exchange trading. The trend has prompted the provincial regulator to warn individual investors about the perils of trading in foreign currency. “We are seeing an increase in the number of people doing FOREX […]

By Mark Noble |April 25, 2007

2 min read

Government inaction

Advisors’ warnings about the baby boomer retirement crisis may be falling on deaf ears — but not for much longer. Only after a slew of boomers start to retire in the next few years will governments recognize the effect on publicly funded services and productivity, says Alan Greenspan, the former chairman of the Federal Reserve. […]

By Deanne Gage |April 25, 2007

3 min read

Briefly:

(April 24, 2007) The Bank of Canada today announced that it is maintaining its target of 4.25% for the overnight rate. The operating band for the overnight rate is unchanged and the bank rate remains at 4.5%. While the rate remains unchanged for now, the BoC says rising inflation could have an impact on its […]

By Staff |April 24, 2007

4 min read

Boomers unsure of retirement timing

The older your clients get, the better they are able to determine when they can retire — or so one might expect. For most, that logic holds true, but a sizable segment in the U.S. still has no idea when or how they will retire. According to a survey conducted by Forrester Research, only those […]

By Mark Brown |April 24, 2007

3 min read