News and resources for Canada's top financial advisors
Market Insights
Twenty-one years ago the Toronto Stock Exchange launched the world’s first exchange-traded fund, the Toronto 35 Index Participation Units (TIPS). The advantages that ETFs offer have since been well chronicled. Support for low-cost, passive investing is broad and includes big names such as Warren Buffett, Peter Lynch, and Charles Schwab.
By Mark Yamada |February 18, 2011
3 min read
Industry
Many Canadians wish they had started saving and investing earlier for retirement. After all, that’s one way to be a millionaire (read: Time is on the side of young investors). Yet again the looming RRSP deadline has triggered a bout of soul-searching as Canadians take stock of their financial footing. Going by the findings of […]
By Vikram Barhat |February 17, 2011
2 min read
This past year has been interesting for financials. After the recession in 2008, bank rescues and profits led markets to recovery in 2009 as writedowns on bad loans began to slow and lending activity resumed.
By Andrew Zamfotis |February 16, 2011
Looking for a contrarian conversation starter to put in front of your clients? Try the sunny outlook for the U.S. economy, which may be positioned to outperform in 2011, according to Laurentian Bank. The U.S. economy has already recovered “all economic activity lost during the recession,” and is building upon that base, says Sébastien Lavoie, […]
By Steven Lamb |February 16, 2011
Most investors are interested in one thing: returns. Right? Wrong, says Betty-Anne Howard, a Certified Financial Planner with the Making Dreams a Reality Financial Services in Kingston. Despite the turmoil of the last few years, Howard says investors are now interested in how those returns are generated. And that means investing in socially responsible investment (SRI) funds.
By Melissa Shin |February 15, 2011
6 min read
Technology deals soared to US$119 billion in 2010, as the push for smart technology drove global M&A deal value and set the stage for a robust 2011, according to a recent report by Ernst & Young. “Last year’s deals reflect the demand for smart everything,” says Karen Atkinson, partner and national technology industry leader with […]
By Vikram Barhat |February 15, 2011
IFIC announced late Monday that it would no longer include sales data for individual fund companies in its monthly sales report. Instead, IFIC will report on sales by asset class and CIFSC category. The decision comes after a string of major companies pulled out of offering such data to the group. “IFIC, as the official […]
By Steven Lamb |February 15, 2011
1 min read
The mutual fund industry beat sales forecasts in January 2011, with total net sales of $3.05 billion, topping The Investment Funds Institute of Canada’s preliminary forecast of between $2.45 billion and $2.95 billion. Total mutual fund assets ended the month at $641.8 billion, up $6.1 billion from December and a hefty $85.4 billion since last […]
Love is not just looking at each other, it’s looking in the same direction, goes the adage. But when it comes to money, Canadian men and women are neither seeing eye-to-eye, nor looking in the same direction. A recent RBC poll, aptly titled He Says, She Says, exposed the considerable gap between the sexes in […]
By Vikram Barhat |February 14, 2011
In the same week that the TMX Group announced plans to merge with LSE Group, the Canadian exchange operator announced the acquisition of an Australian service that connects buyers and sellers of mining and exploration assets and projects from around the world. Through its wholly owned subsidiary TSX Inc., TMX Group has bought a 50% […]
By Staff |February 11, 2011
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