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By Staff |April 9, 2007
1 min read
(April 5, 2007) It’s been 31 years since Canada saw a March with better job growth. Fifty-five thousand new jobs were created during the month, capping off a very strong first quarter, StatsCan reports. About 158,000 jobs were generated in the first three months of the year, making it the strongest first quarter job growth […]
By Staff |April 5, 2007
3 min read
If you thought Jim Flaherty’s proposal to open up Canada’s stock exchange to foreign investors was limited to three pages in the recent budget, think again. The Conservative finance minister has taken this idea to the speaking circuit — most recently in London, England. On Monday, Flaherty spoke to the Canada–U.K. Chamber of Commerce, where […]
By Bryan Borzykowski |April 5, 2007
5 min read
Despite the stock market frights out of the U.S. and Asia last month, Canadian investors seem to have stuck to their investment plans, with net new sales of mutual funds ringing in at between $4.9 billion and $5.5 billion, according to preliminary data from IFIC. “Investors’ confidence in the growth value of mutual funds remains […]
By Steven Lamb |April 4, 2007
2 min read
(April 4, 2007) Rockwater Capital Corp. has announced changes at the top, following the completion of CI Financial’s takeover of the firm. Gerald C. Throop, head of capital markets for Blackmont Capital Inc., has been replaced by Wayne D. Adlam, current executive vice-president of capital markets at Blackmont, effective immediately. Throop will remain in his […]
By Staff |April 4, 2007
The trillion dollar wealth transfer may be a myth as the baby boomer’s parents are living longer and need their assets to survive. A recent BMO Financial survey of nearly 2,200 baby boomers found that 34% of boomers are currently supporting both of their parents. And 44% of those caring for elderly parents are simultaneously […]
By Mark Noble |April 4, 2007
(April 3, 2007) Credential Financial announced today that as of June 30, 2007, Credential Asset Management would become the carrying dealer for the Mouvement des caisses populaires acadiennes. The Mouvement des caisses populaires acadiennes has more than 200,000 members and offers advisory services to 33 caisses operating in 85 business locations in New Brunswick. The […]
By Staff |April 3, 2007
Advisor.ca is pleased to announce the appointment of Deanne Gage as editor of the website, following the February departure of Doug Watt. Readers will recognize Deanne from her previous role as editor of Advisor’s Edge magazine, a role she has held since 2005. Deanne joined the Advisor Group in 1999 as associate editor, and her […]
Continued strong demand for resources helped to drive positive returns across the Canadian mutual fund universe, with all but one of Morningstar’s 42 Canada Fund Indices saw gains in Q1 2007. The biggest gains came in small/mid cap funds, with the Morningstar Canada Global Small/Mid Cap Equity Fund Index coming out on top with a […]
By Bryan Borzykowski |April 3, 2007
(April 2, 2007) The Canadian Security Administrators has launched the Financial Fitness Challenge, an online investment awareness program and interactive contest that runs between April 2, 2007, and April 30, 2007. Designed to engage youth with games, a quiz, tips and interactive simulations, the program emphasizes the importance of saving and investing money for the […]
By Staff |April 2, 2007
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