Industry

Briefly:

(August 21, 2006) The Bank of Canada has calculated the effect of the Conservative government’s new tax cuts on the consumer price index. Largely attributable to the reduction of the GST from 7% to 6%, the Bank says July’s year-over-year CPI reading was reduced by 0.5 percentage points. The year-over-year impact on core CPI was […]

By Staff |August 21, 2006

2 min read

Credit Suisse shuts down wrap program

“That’s a wrap.” It sounds like an everyday statement, but those words had double meaning for the Australia division of Credit Suisse in July, when it waved the white flag above its two-year-old wrap program that failed to gain scale. This failure has some experts speculating about what this will mean for other new entrants […]

By Mark Brown |August 21, 2006

3 min read

Briefly:

(August 18, 2006) Canadians continued to seek out foreign investments in June, according to StatsCan, possibly a sign they are heeding the advice to diversify beyond the highly concentrated domestic market. Acquisitions of foreign securities totalled $4.0 billion in June, making it the 17th consecutive month for the foreign shopping spree. Bond purchases dominated the […]

By Staff |August 18, 2006

2 min read

Pressed for time? You’re not alone

Time management is the number-one challenge CFP advisors say they grapple with in their practices. That challenge is permeating the industry, affecting business structures, compensation and everything from service relationships to product development. This finding underscores a host of others in the recent Credo Consulting survey of industry CFP advisors, entitled Understanding & Supporting the […]

By Kate McCaffery |August 18, 2006

4 min read