Industry News

Decorative pattern

Briefly:

(January 25, 2008) The Canadian Revenue Agency is urging Canadians who plan to file their tax returns electronically to keep their tax records on hand in case they are contacted by the CRA. Taxpayers must hold on to tax records, such as receipts, even after they’ve received their income tax assessments. The CRA says some […]

By Staff |January 25, 2008

2 min read

Decorative pattern

When it comes to RRSP investing, stick to the plan

With recent market turbulence, clients may be having second thoughts about investing their RRSP contribution. Seasoned advisors say today’s markets provide a great way to demonstrate to clients the value of the long-term financial plan you have created. Even the worst down-market can’t take away the immediate tax deduction. Nevertheless, Kim Buitenhuis, vice-president of marketing […]

By Mark Noble |January 25, 2008

4 min read

Decorative pattern

On The Shelf:

(January 24, 2008) It’s a small-cap world after all for Saxon Financial. The company has announced that it is launching three new small-cap funds, the Saxon Microcap Fund, the Saxon U.S. Small Cap Fund, and the Saxon Global Small Cap Fund. The Microcap fund focuses on Canadian companies with a market cap of less than […]

By Staff |January 24, 2008

2 min read

Decorative pattern

Briefly:

(January 24, 2008) There are a lot of people lacking confidence in the marketplace these days, including more than 1,000 CEOs. The PricewaterhouseCoopers 11th Annual Global CEO Survey reports that CEOs’ confidence about prospects for short-term business growth fell by nearly 50% over last year’s results. The drop is due to fears of a global […]

By Staff |January 24, 2008

3 min read

Decorative pattern

Slowdown not leading to bear market

Recent market setbacks are nothing to get too worked up about, according to Paul Vaillancourt, senior vice-president and director of asset allocation strategy at Franklin Templeton Managed Investment Solutions. He says that the market is simply wringing out some excesses and that investors should not expect a long-term bear market. “The markets are off 15%. […]

By Steven Lamb and Bryan Borzykowski |January 24, 2008

4 min read

Decorative pattern

On The Shelf:

(January 23, 2008) Counsel Wealth Management has announced the addition of global real estate securities as a separate asset class in its Counsel Regular Pay Portfolio. This element of the portfolio will be managed by Citi Property Investors. “Citi’s global presence and strong on-the-ground knowledge of local markets give them the ability to thoroughly research […]

By Staff |January 23, 2008

2 min read

Decorative pattern

Briefly:

(January 23, 2008) It is well-known throughout the industry that earning the CFA designation is no walk in the park. Proving that point, the CFA Institute has revealed that just 39% of the 37,573 worldwide candidates who sat the Level I exam in December passed the ordeal. The December exam was offered at 52 test […]

By Staff |January 23, 2008

2 min read

Decorative pattern

Expats face complex RRSP rules

Very few global companies are headquartered in Canada, yet our global economy requires professionals to interact on the world stage. As such, many professionals, seeking an edge, opt to work abroad. As can be expected, this choice comes with a plethora of logistical problems; it also can mean significant financial losses or gains depending on […]

By Romana King |January 23, 2008

5 min read

Decorative pattern

Rate cuts staunch market losses

North America’s central banks have moved to curb the panic that gripping equity markets, with the U.S. Federal Reserve slashing its key rate by 75 basis points, the biggest single rate cut in 23 years. The U.S. federal funds rate now stands at 3.5%, while the discount rate now stands at 4%. The U.S. rate […]

By Steven Lamb |January 22, 2008

1 min read

Decorative pattern

On The Shelf:

(January 22, 2008) Saxon Financial has launched an advisor-friendly series for all of its funds, which includes a front-end load and a 1% trailer commission. “In launching Advisor Series, Saxon recognizes the value of professional financial advice while maintaining its commitment to fair pricing,” said Allan Smith, president and CEO. “Saxon believes in tailored, fair […]

By Staff |January 22, 2008

2 min read

← Previous 1 … 1,871 1,872 1,873 1,874 1,875 … 2,188 Next →