Industry News

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Industry

Wealthy Canadians seeking full range of advice services

More than 80% of Canada’s ultra high-net-worth individuals use external advisors to manage their money and most maintain as many as half-a-dozen professional financial relationships, a new survey indicates. The study, conducted by Sensus Research on behalf of the T. Stenner Group of CIBC Wood Gundy, a Vancouver-based private family office, defines ultra high-net-worth (UHNW) […]

By Doug Watt |March 1, 2006

2 min read

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Industry

Debt markets

Last year saw a record amount of debt trade, according to the IDA’s latest Review of Debt New Issues and Trading. Total debt traded jumped 14.6% to $5.9 trillion in 2005, while new issuance slipped 8.8% to $151.5 billion. “Of course, the road to last year’s grand finish was not without a speed bump,” the […]

By Steven Lamb |February 28, 2006

2 min read

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Industry

New tax strategies for medical professionals

Doctors and dentists in Ontario have a relatively new option at their disposal for income splitting and other tax planning strategies. At the end of 2005, the Government of Ontario expanded ownership rules for doctor and dentists’ professional corporations that give those clients the right to issue non-voting shares of the corporation to family members. […]

By Kate McCaffery |February 28, 2006

4 min read

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Industry

Briefly:

(March 3, 2006) The C.D. Howe Institute is calling on the Bank of Canada to raise its trend setting overnight interest rate to 3.75%, citing rising inflation as a threat to economic growth. The BoC board will meet March 7 to decide on the direction of interest rates. The think-tank’s seven-member Monetary Policy Council was […]

By Staff |February 27, 2006

18 min read