Industry News

Decorative pattern

Industry

CLHIA makes case for healthcare overhaul

The country’s preeminent life and health insurance association says Canada’s public healthcare system is in trouble and should work closely with private industry to solve impending problems. Insurers make money on the gaps in public coverage, so it’s probably not surprising the Canadian Life and Health Insurance Association (CLHIA) — its member companies account for […]

By Mark Noble |June 3, 2009

4 min read

Decorative pattern

Industry

Briefly:

Standard Life has said in a recent report that investors need to reassess their medium-term asset allocation in response to changing demographic trends and government policies. The interplay of the current economic situation and demography will create opportunities in certain areas while dampening others. Investors should consider investments that will benefit from an aging population, […]

By Staff |June 2, 2009

3 min read

Decorative pattern

Industry

May sees strong fund rally, sales tepid

The ongoing stock market rally boosted returns for Canadian mutual fund investors in May, according to preliminary data from Morningstar Research. All but seven of Morningstar’s 24 mutual fund indices posted positive results for the month. Despite the healthy gains in equities, the best performing sector was a traditional defensive play. The Morningstar Precious Metals […]

By Steven Lamb |June 2, 2009

4 min read

Decorative pattern

Industry

Miners to lag commodity recovery

A run-up in commodity prices will heal a lot of the damage sustained by the mining sector, but a study by PricewaterhouseCoopers (PwC) says it will take some time before mining companies deliver the type of results they did before the downturn. If you’re a Canadian investor, mining is a big deal. Canada is one […]

By Mark Noble |June 2, 2009

4 min read