Industry

Canadians buy record value in foreign securities: StatsCan

December 2006 capped a year-long trend that saw Canadians increasingly choosing to invest in foreign equity. In fact, StatsCan reports that Canadian investment in foreign securities reached a record $78.3 billion in 2006. Canadians invested $5.6 billion in foreign securities in December, putting 70% into debt instruments and the remaining 30% into equities. According to […]

By Mark Noble |February 19, 2007

2 min read

Briefly:

(February 16, 2007) TSX Group CEO Richard Nesbitt has praised the finance ministers and bank governors of the G7 for agreeing to consider free trade in securities, based on mutual recognition of regulatory regimes. Nesbitt singles out Canadian Finance Minister Jim Flaherty for getting the ball rolling on free trade since it was Flaherty who […]

By Staff |February 16, 2007

3 min read

Canada’s economic future positive, top BMO economist says

Canada’s economic outlook remains “very positive,” with very few risks to growth according to one of the country’s most recognized economists. Speaking to an audience of certified general accountants this week, BMO Capital Market’s chief economist Dr. Sherry Cooper addressed a broad array of key economic factors that will affect Canada in the near future. […]

By Mark Noble |February 16, 2007

3 min read

Briefly:

(February 15, 2007) The RCMP’s commercial crime division in Ottawa, assisted by the Integrated Market Enforcement Teams, has laid a charge against Serge Nadeau earlier today in connection with its income trusts investigation. Nadeau, the general director of analysis in the tax policy branch of the Department of Finance Canada was charged with breach of […]

By Staff |February 15, 2007

3 min read