News and resources for Canada's top financial advisors
Industry
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
(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 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
(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
Canada’s mutual fund industry enjoyed continued strength in January, with sales of long-term funds spiking to $4.1 billion, according to IFIC, up from an already healthy $2.4 billion in December. Overall assets under management climbed 1.9% in January, topping $673.4 billion, with long-term funds holding $627 billion. That marks a year-over-year increase of 14.5% for […]
By Steven Lamb |February 15, 2007
5 min read
(February, 14, 2007) Claymore Investments announced Wednesday that it is launching the Claymore International Fundamental Index ETF and the Claymore Japan Fundamental Index to begin trading on the Toronto Stock Exchange on February 14, 2007. “There is a real lack of good international focused ETFs designed for Canadian investors and we believe these two new […]
By Staff |February 14, 2007
Despite common availability, many Canadians are not taking advantage of employer-sponsored group RRSP plans, according to a report from Sun Life Financial. The insurance giant says that 1.8 million Canadians currently have access to a group RRSP plan, with an accumulated asset base of $39 billion. Sun Life claims the largest share of the group […]
By Mark Noble |February 14, 2007
Canada must be getting close to another federal election — the opposition Liberal party has unveiled its platform regarding income trusts. Not surprisingly, it is being warmly met by at least one lobby group that sprang to life after the Conservative government’s decision to tax trust distributions. “The Liberals’ policy is a major improvement over […]
By Steven Lamb |February 14, 2007
For more great content from Fidelity, please visit our Advisor Center exclusively on Advisor.ca Haven’t recommended lifecycle funds this RRSP season? Take a second look at Fidelity ClearPath™ Retirement Portfolios: > ClearPath brochure (PDF) > Diversification made easy (PDF) > Learn more about Fidelity ClearPath. (login to fidelity.ca required) February 2007
By Staff |February 13, 2007
1 min read
(February 13, 2007) A report by CIBC World Markets predicts legislation to curb greenhouse gas emissions will have a significant effect on the TSX, since 40% of its market value is tied up in firms that will be adversely impacted by new regulations. “Investors will soon have to recognize carbon liabilities as part of a […]
4 min read
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.