Industry News

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Industry

Bankers gaining more Canadians’ trust, poll suggests

Seventy-two per cent of Canadians say they trust bankers, according to Leger Marketing’s annual ranking of professions, a seven percentage point increase from last year. Although the annual survey does not include financial advisors, only 46% of those surveyed said they trusted insurance brokers. Firefighters topped the list, at 96%, conducted by Leger for the […]

By Doug Watt |March 21, 2006

2 min read

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Industry

Provincial budgets could pay off in dividends

Investors in Alberta, Quebec and Ontario will want to pay close attention to budgets in those provinces due out this week if they’re banking on the federal government’s promise to eliminate the double taxation of dividends. Starting Wednesday, investors will get their first indication whether the three provinces are going to follow Ottawa’s lead announced […]

By Mark Brown |March 21, 2006

3 min read

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Industry

Briefly:

Mackenzie Financial is closing the Cundill Recovery Fund to new purchases, effective April 7, 2006.The fund has a mandate to invest in equity and fixed income investments, in recovery or turnaround situations, that meet Cundill’s contrarian, deep value philosophy. “It has been increasingly difficult to find bargain issues on a global basis that have made […]

By Staff |March 20, 2006

13 min read

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Industry

Inflation seen lurking in the wings

Reports of the demise of inflation have been grossly exaggerated, according to one of Canada’s most prominent market commentators. In fact, Gavin Graham, chief investment officer at Guardian Group of Funds, says the real low inflation environment ended in 2001. At first blush, this seems to be at odds with official reports on inflation, as […]

By Steven Lamb |March 20, 2006

4 min read