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(January 7, 2004) The views of Canadian consumers don’t count for much when economists do their annual number-crunching and forecasting, but pollster Michael Marzolini believes that public opinion is a significant economic driver. Marzolini, chair of Pollara, presented the results of his firm’s annual economic survey this morning in Toronto, accompanied by a blue-ribbon panel […]
By Doug Watt |January 7, 2004
2 min read
(January 6, 2004) Economic forecasts for 2004 have been virtually unanimous in their tempered optimism, but another caveat is repeated as well — the soaring dollar. The loonie is expected to remain at historically high levels versus the U.S. dollar, as the American cousin languishes against virtually all currencies in the developed world, but the […]
By Steven Lamb |January 6, 2004
3 min read
(January 9, 2004) Economic growth in the fourth quarter of 2003 likely will not meet the Bank of Canada’s expectations, says deputy governor David Longworth. The central bank had predicted Q4 growth well above 4%. But Longworth says data received up to the end up of December suggests that figure will be “somewhat lower than […]
By Staff |January 5, 2004
8 min read
(January 5, 2004) Despite government assurances about the viability of the CPP, a majority of young Canadians are worried it won’t be around when they reach retirement age. A survey released today by TD Waterhouse Canada reveals that more than half of Canadians aged 25 to 39 lack confidence in the CPP. By comparison, Canadian […]
By Doug Watt |January 5, 2004
(January 2, 2004) Newport Investment Counsel Inc. announced Friday that it has appointed Morris Williams Investment Management Ltd. to act as a sub-advisor on two of its funds. Morris Williams replaces Sceptre Investment Counsel Limited as main investment sub-advisor to the Newport Yield Fund, and UBS Global Asset Management Inc. as one of three sub-advisors […]
By Staff |January 2, 2004
1 min read
(December 31, 2003) With 2003 in the bag, financial advisors must now focus squarely on 2004. Focusing on anything might not be the easiest thing to do on New Year’s Day, of course, but that’s why it’s a holiday. Discipline and trust appear to be the watchwords for the New Year, as advisors look ahead […]
By Steven Lamb |December 31, 2003
(December 30, 2003) With the tax year drawing to a close, Canadians can look ahead to a fairly routine filing season, as there are few changes to the tax regime for 2004. “The good news is that the whole tax system will be indexed again, in accordance with inflation,” says Jamie Golombek, vice president of […]
By Steven Lamb |December 30, 2003
(December 29, 2003) When it comes to planning, one might assume financial advisors are ahead of the curve, since financial planning is a big part of what they do for their clients. But when it comes to their own businesses, advisors might not be exercising the same foresight they offer clients — and that’s the […]
By Steven Lamb |December 29, 2003
(December 24, 2003) Last year, it was Mount Kilimanjaro, the highest peak in Africa. Now, a team of adventurous advisors from IPC Financial Network aims to hit new heights, by attempting to scale Argentina’s Aconcagua, the tallest mountain in the Americas. Six IPC advisors will leave for Argentina for the charity climb on December 29. […]
By Doug Watt |December 24, 2003
(December 24, 2003) As 2003 draws to a close, advisors look back on the year with mixed emotions. Like the two previous years before it, 2003 provided advisors with both challenges and opportunities — although many of you have told us you received more than your share of the former. While the hangover from a […]
By Darin Diehl |December 24, 2003
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