Market Insights

Decorative pattern

Market Insights

Fund sales remain strong in March

Canadian mutual funds continued a strong sales streak in March, despite the closing of the 2010 RRSP contribution window, according to data collected by the Investment Funds Institute of Canada. Total net fund sales tallied $3.72 billion, marking the third consecutive month of sales above $3 billion. Net sales were down from $5.87 billion in […]

By Staff |April 15, 2011

2 min read

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Market Insights

OBSI opens fewer cases in Q1

The number of complaints filed with the Ombudsman for Banking Services and Investments (OBSI) declined in the first quarter of its fiscal year The ombudsman’s office opened 237 cases in total, down 9% from the 261 it opened in the final quarter of 2010, and a staggering 21% lower than the 301 cases opened in […]

By Staff |April 15, 2011

1 min read

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Market Insights

Advisors bullish on stocks, metals

Canadian financial advisors appear to be bracing for inflation, expressing bullish sentiment toward precious metals and the broad stock markets. But there is one notable exception to the inflation-fighting mood. The outlook for gold stocks has improved, with 51% now bullish on the S&P/TSX Global Gold Index, up from just 38% in the Q1 Survey. […]

By Staff |April 14, 2011

2 min read

Decorative pattern

Economic Indicators

Improve RRSPs and TFSA: Fraser Institute

Expanding the Canada Pension Plan is a risky proposition that could actually hinder the plan’s performance, according to study released by the Fraser Institute, Canada’s leading public policy think tank. “The Canada Pension Plan is already so large that any expansion of the plan will increase the risk that the manager of the plan’s assets, […]

By Staff |April 14, 2011

1 min read