Industry

Regulator adopts new income trust policy

(December 3, 2004) The Canadian Securities Administrators has approved a new policy intended to enhance risk disclosure in the income trust sector. The umbrella group for the country’s provincial and territorial regulators first published the policy for comment in October, 2003. About two dozen comments were received resulting in minor changes. However, the changes were […]

By Doug Watt |December 3, 2004

2 min read

Central bank expected to stand pat on rates

(December 3, 2004) Just a few months back, economists were convinced the Bank of Canada would raise interest rates once more before the end of the year. But things have changed, and now the consensus is that the central bank will hold the line on its key overnight lending rate, currently at 2.5%. Today’s poor […]

By Doug Watt |December 3, 2004

2 min read

Pension expert calls for co-op format

(December 3, 2004) The headlines in recent years have certainly been attention grabbing, as reports of pension shortfalls left many in the workforce wondering if their retirement plans would survive. Plan sponsors have been planning changes that could alleviate the pressure, including conversion of defined benefit plans to defined contribution plans, limitingtheir liability. But perhaps […]

By Steven Lamb |December 3, 2004

3 min read

Resource stocks pace healthy fund returns

(December 2, 2004) Canadian mutual funds continued to turn in strong performances in November, according to Morningstar Canada’s monthly review, with high commodity prices giving a boost to portfolios holding resource stocks. According to preliminary data, all 32 of the Morningstar Canada Fund Indexes posted positive one-month returns, compared with 20 in October. The Canada […]

By Steven Lamb |December 2, 2004

2 min read