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(December 6, 2002) Brian Costello made his living as a seminar speaker and financial commentator and was not in the business of giving financial advice, his lawyer argued today before an Ontario Securities Commission panel. Joseph Groia conceded that Costello’s seminars could be construed as financial advice in a generic sense, but he insisted they […]
By Doug Watt |December 6, 2002
2 min read
Canadian Equity Fund: CI Harbour Fund Segregated Global Equity Fund: Canada Life Generations Global Equity (Trimark) Global Equity Fund: Trimark Fund Regional Equity Fund: Templeton Emerging Markets Canadian Small Cap Equity Fund: Mawer New Canada Specialty Fund: Mac Universal Precious Metals Canadian Dividend Fund: CI Signature Dividend Global Balanced Fund: Mac Ivy Global Balanced Segregated […]
By Jim MacDonald |December 5, 2002
(December 5, 2002) A recommendation by the Commons finance committee that the federal government raise the annual RRSP contribution limit to $19,000 is welcomed by the head of the country’s largest financial planning organization. Advocis chair Brian Mallard says he’s optimistic the finance minister will act on the suggestion when he brings down the next […]
By Doug Watt |December 5, 2002
Understanding your strengths key to accessing high net worth market. The market of high net worth investors in Canada is only becoming more desirable for advisors to target, with the number of Canadian millionaires projected to expand to more than 900,000 by 2010, according to several recent industry reports. But in order to capture your […]
By Staff |December 4, 2002
Tom has his own RRSP as well as a Spousal RRSP from his wife Kathy. Tom has his own RRSP as well as a Spousal RRSP from his wife Kathy. For convenience, he wants to convert them both into a single RRIF. However, once combined, the entire amount will become subject to the Three-Year Attribution […]
4 min read
(December 4, 2002) RRSP season can be stressful for investors and advisors, so the “RRSP Survival Guide” in the December edition of Advisor’s Edge offers ideas on how advisors can beat the stress and tension. The cover story of the December “RRSP Survival Guide” takes a personal approach to RRSP season. “We took a look […]
By Jim MacDonald |December 4, 2002
Kirby takes Romanow to task over “old-fashioned” approach to healthcare reform (December 4, 2002) Roy Romanow’s report on reforming Canada’s healthcare system doesn’t adequately address the issue of federal funding for prescription drug coverage and home care, says Senator Michael Kirby. Following up on a speech in Toronto on Monday, Kirby, who authored his own […]
By Doug Watt |December 4, 2002
3 min read
(December 4, 2002) Canadian financial advisors chose Mackenzie Financial as the mutual fund company of the year in the annual Canadian Investment Awards. Advisors had the opportunity to vote for three awards in the Advisors’ Choice category of the eighth annual awards gala (formerly the Canadian Mutual Funds Awards). Mackenzie Financial Corporation also won the […]
1 min read
(December 3, 2002) The Bank of Canada kept a steady hand on its key overnight lending rate today, holding it at 2.75%. Inflation and uncertainty were cited as two reasons why the cautious central bank did not alter the overnight rate, which was raised to 2.75% on July 16. “Core and total CPI inflation have […]
By Jim MacDonald |December 3, 2002
Specializing in particular client segments is growing among financial advisors. Here is an article from TD Mutual Funds that explores how you can discover your niche. Download Discover Your Niche now. Visit TD Mutual Funds for more great content to help build your business. November 2002
By Staff |December 3, 2002
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