Industry News

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Industry

Briefly:

American consumer sentiment has virtually flatlined as summer draws to a close, according to the RBC CASH (Consumer Attitudes and Spending by Household) survey. Confidence in their local economy and personal finances has been volatile over the summer, and the CASH index managed only a 2.5 point gain in the latest survey, released Thursday. That […]

By Staff |September 3, 2009

2 min read

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Industry

IFIC calls for tax fairness on retirement savings

The Investment Funds Institute of Canada (IFIC) is calling on Parliament to improve the tax treatment of retirement savings, and suggests that more incentives need to be provided. “We are at a crossroads where many more people will be retiring and living in retirement than ever before. If we don’t choose a path that helps […]

By Steven Lamb |September 3, 2009

2 min read

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Industry

Coalition lauds international security reform

While Canada still weighs the pro and cons of a creating a national securities regulator, the G-20 seems well on their way to establishing international harmonization on a number of key reforms which will benefit the Canadian marketplace, according to an international coalition of investment associations. At its upcoming Pittsburgh meeting, the G-20 finance ministers […]

By Mark Noble |September 3, 2009

4 min read

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Industry

Fund investors get more good news

Mutual fund fans got a torrent of good news on Tuesday. August was another month of stellar returns and a new report by Standard and Poor’s shows actively managed Canadian equity funds have outperformed index tracking products over the last year. Forty of the 43 Morningstar mutual fund indices posted positive gains during the month […]

By Mark Noble |September 2, 2009

4 min read