Industry News

Reducing the cost of cross-border holiday shopping

Grandma didn’t need a CFP to tell her a penny saved is a penny earned. Taking a cue from her, it may be a good time to talk to clients who are considering cross-border holiday shopping about ways to maximize the value of U.S.-dollar purchases. Virtually all Canadians are aware of the new purchasing power […]

By Mark Noble |November 16, 2007

4 min read

Briefly:

(November 15, 2007) National Bank Financial is calling on all institutional investors to support Little Giants Day on November 20, 2007. Little Giants Day was established in May 2005 to assist Sri Lankan reconstruction efforts following the tsunami that swept the Indian Ocean in December 2004. On November 20, the net commission from every institutional […]

By Staff |November 15, 2007

2 min read

Economy strong despite dollar’s rise

The dollar may be on the rise, but that doesn’t mean the Canadian economy is headed for disaster, according to two of Canada’s leading economists. Speaking at a conference hosted by the Association for Corporate Growth, Don Drummond, senior vice-president and chief economist at TD Bank Financial, says the dollar’s growth can be attributed to […]

By Bryan Borzykowski |November 15, 2007

4 min read

Money market funds drive October sales: IFIC

A skyrocketing Canadian dollar helped sales of money market funds and domestic Canadian equity make a comeback in October, according to the latest statistics from the Investment Funds Institute of Canada. With total industry sales topping $2.4 billion for the month, sales more than doubled September’s total of almost $994 million. Strong money market sales […]

By Mark Noble |November 15, 2007

3 min read