Industry News

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Industry

Sector shifts present challenges

(January 5, 2005) Experts predict a very different Canadian economy will emerge in 2005. While they remained upbeat, economists gathered this morning at the Economic Club of Toronto told members that making money for clients in the year to come will be a more difficult task. In short, growth in the economy needs to come […]

By Kate McCaffery |January 5, 2005

3 min read

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Industry

December caps solid year for fund sales

(January 5, 2005) December was a strong month for mutual fund sales, according to preliminary estimates released Wednesday by IFIC, wrapping up the best year the fund industry has seen since 2001. Net sales for December are expected to be around $1.2 billion. Total sales for 2004 will be likely be $14.7 billion, says IFIC […]

By Doug Watt |January 5, 2005

2 min read

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Industry

Ottawa extends charity deadline

UNICEF Canada CARE Canada Oxfam Quebec (French only) Oxfam Canada Doctors Without Borders World Vision Canada Canadian Red Cross Canadian Red Cross World Vision Canada Doctors Without Borders Oxfam Canada Oxfam Quebec (French only) CARE Canada UNICEF Canada Development and Peace Save the Children Mennonite Central Commitee Canada Canadian Lutheran World Relief Charitable donations can […]

By Steven Lamb |January 4, 2005

2 min read

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Industry

Canadians embracing RRSPs, advice

(January 4, 2005) Canadians are planning to contribute more to their RRSPs this year, with an average intended contribution of about $5,560, according to a report from RBC Financial Group. In its 14th annual survey of investors, RBC found that 65% of Canadians have an RRSP, up from 57% in 2002. “Canadians have always been […]

By Steven Lamb |January 4, 2005

2 min read