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Doctors and dentists in Ontario have a relatively new option at their disposal for income splitting and other tax planning strategies. At the end of 2005, the Government of Ontario expanded ownership rules for doctor and dentists’ professional corporations that give those clients the right to issue non-voting shares of the corporation to family members. […]
By Kate McCaffery |February 28, 2006
4 min read
(March 3, 2006) The C.D. Howe Institute is calling on the Bank of Canada to raise its trend setting overnight interest rate to 3.75%, citing rising inflation as a threat to economic growth. The BoC board will meet March 7 to decide on the direction of interest rates. The think-tank’s seven-member Monetary Policy Council was […]
By Staff |February 27, 2006
18 min read
Last year presented “ideal conditions” for merger and acquisition activity, leading to a near-record total value of $166 billion, according to investment bank Crosbie & Company. That’s second only to the all-time high set back in the heady days of 2000. “In contrast to the record year in 2000, the current M&A market is more […]
By Steven Lamb |February 27, 2006
3 min read
Anyone who’s watched a hedge fund blow up has asked the question: should investors have seen it coming? Gary Witt, a senior vice president and credit officer at Moody’s Investors Service, certainly has and the answer, more often than not, is yes. Come April, investors may not have to ask that question as often. Moody’s […]
By Mark Brown |February 27, 2006
2 min read
AIC Limited and its Berkshire Group subsidiary have each spun out a new company to specialize in structured products. The two companies — Copernican Capital and Markland Street — are currently in the IPO stages of launching new products for retail clients. Copernican first announced its plans to launch the Copernican World Banks Income and […]
By Kate McCaffery |February 24, 2006
Given the run the S&P/TSX Composite has had in the past year, it’s easy to forget that the TSX Venture Exchange performed just as well. After all, why invest in riskier stocks when you can invest in more established large caps? As Linda Hohol points out, Canada’s junior market isn’t as wild as some might […]
By Mark Brown |February 24, 2006
Canada’s regulatory environment is among the best in the world, fostering trust among both domestic and foreign investors, according to the new head of the Ontario Securities Commission (OSC). But there are still several areas which require closer attention, including getting tougher on those who undermine confidence in the markets. “We are attempting to close […]
By Steven Lamb |February 23, 2006
Canada will revert to being a nation of savers again, as the economy eventually cools off, according to Scotia Economics. In 2005, the collective savings rate of Canadians dipped into negative territory, an average of -0.4% of personal income. Compare to that to 10 years ago, when personal savings averaged +9.2% of personal income. There […]
By Doug Watt |February 23, 2006
With just eight months on the job, the new head of the Alberta Securities Commission (ASC) isn’t ready to be pinned down on whether he thinks it’s time to pursue a national regulator. But without tipping his hand, Bill Rice seems to favour limited reforms like the passport system over the more ambitious uniform securities […]
By Mark Brown |February 22, 2006
The 1,900 Canadian retail investors who put $130 million into Olympus Funds aren’t likely to see more than six to eight cents on the dollar, Norshield Group’s receiver, RSM Richter told an investor meeting on Tuesday. At worst, they will see three to five cents on the dollar, and that only after two to three […]
By Scot Blythe |February 22, 2006
6 min read
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