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(January 10, 2003) A panel of Canada’s leading economists and a group of award-winning advisors will highlight the inaugural Advocis conference, slated for June 11-14 in St. John’s, Newfoundland. It’s the first national conference for the newly merged Canadian Association of Financial Planners and the Canadian Association of Insurance and Financial Advisors. The conference includes […]
By Doug Watt |January 10, 2003
2 min read
(January 9, 2003) Two Canadian pension associations are asking the federal government to scrap the 30% foreign content limit on registered pension plans. A study commissioned by the Association of Canadian Pension Management and the Pension Investment Association of Canada concludes that eliminating the foreign content rule could be worth as much as $3 billion […]
By Doug Watt |January 9, 2003
(January 9, 2003) A majority of Canadians see the economic good times continuing through 2003. That’s a marked difference from gloomy attitudes last year, according to a poll by Pollara. The survey, conducted for the Economic Club of Toronto, shows that 56% of Canadians think the economy will get better over the next 12 months. […]
By Scot Blythe |January 9, 2003
3 min read
(January 8, 2003) The vice-chair of IPC Financial Network, which was recently acquired by Dundee Wealth Management, says he expects further consolidation among the country’s independent mutual fund dealers. Chris Reynolds says the main companies in the sector need to get bigger to become more competitive. “If you look at the top five players, all […]
By Doug Watt |January 8, 2003
GDP growth of 3.0% in Canada and 2.5% globally Interest rates will remain stable at 3.0% for the first six months of the year, but the Bank of Canada is expected to raise rates by a total of 50 basis points by the end of the year. The median forecast for the Canadian dollar was […]
By Jim MacDonald |January 8, 2003
Advisor of the Year profile: Lance Howard puts life into the plan (January 7, 2003) The advisor honour roll for 2002 rings in the New Year in the January edition of Advisor’s Edge magazine. The winning case studies from last year’s recipients of the Advisor of the Year Awards are summarized in this month’s magazine. […]
By Jim MacDonald |January 7, 2003
(January 6, 2003) The average RRSP contribution could be as much as 20% lower this tax year compared to the last, according to a survey released today by TD Wealth Management. That’s in sharp contrast to other recent polls — including an online survey conducted for Advisor.ca — which suggest contributions will remain steady this […]
By Doug Watt |January 6, 2003
(January 3, 2003) It’s not the altitude, it’s the attitude. Several financial advisors from Canada will put their best feet forward — over and over again — to scale one of the world’s great mountains, and also to help grant the wishes of seriously ill children. Twenty-two financial advisors with the Investment Planning Counsel of […]
By Jim MacDonald |January 3, 2003
(January 3, 2003) The arrival of 2003 means the long-awaited merger between Canada’s two main financial planning associations becomes official. Advocis, formerly CAIFA/CAFP, came into being on January 1. The new Advocis Web site was launched last month. The www.advocis.ca site, a redesigned version of the CAIFA site, includes information about the new organization as […]
By Doug Watt |January 3, 2003
(January 3, 2003) For the ninth straight month, mutual fund sales finished in negative territory in December. Outflows last month will likely be around $200 million, says the Investment Funds Institute of Canada in its monthly fund sales estimate. Based on preliminary data from members, redemptions could be as high as $400 million or sales […]
1 min read
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