Industry

Return of the

(August 4, 2005) The U.S. Treasury Department has opted to re-introduce the 30-year bond, starting in 2006. The last 30-year U.S. bond was launched in 2001, the same year the Clinton administration balanced the budget. Those balanced budgets are long gone though, as the U.S. funds military operation in both Iraq and Afghanistan, while cutting […]

By Steven Lamb |August 4, 2005

2 min read

Ontario introduces long-awaited investor protection measures

(August 4, 2005) Investors burned by misleading public company statements could have a friend in the Ontario government. New legislation proclaimed this week will give stock market or secondary market investors the right to sue public companies that issue misleading financial reports, press releases and other disclosure documentation. The government released a statement on Wednesday […]

By Kate McCaffery |August 4, 2005

3 min read

Oil continues to drive Canadian fund returns

(August 3, 2005) A sustained rally in the price of crude oil and an accompanying rise in oil-patch profits kept natural resource-based funds on top of July’s performance ranking for the second month in a row, according to Morningstar Canada. In fact, high oil prices have made the Morningstar Canada Natural Resources Fund Index the […]

By Steven Lamb |August 3, 2005

2 min read

Summer smiles for fund industry

(August 3, 2005) The mutual fund industry’s surprising summer winning streak continued in July, with IFIC estimating net sales of between $1.4 billion and $1.9 billion. In June, mutual funds attracted $1.8 billion, the highest total for that month since 1998. “Results from the past few months indicate Canadians are making their savings and retirement […]

By Doug Watt |August 3, 2005

1 min read