Investments

ETF assets hit record high in Canada

The popularity of exchange traded funds continues to grow, as assets under management in the Canadian market have reached $30 billion, according to data from BlackRock, Inc., the corporate parent of iShares Canada. Much of the appeal of ETFs lies in their relatively low cost structure, with costs usually below 100 basis points. Proponents of […]

By Steven Lamb |January 22, 2010

2 min read

A.M. market numbers for January 21, 2010

The Toronto stock market could start Friday lower as commodity prices pull back and investors take in better than expected earnings from General Electric and Google. The Canadian dollar was down 0.29 of a cent to 94.82 cents US early Friday morning. U.S. futures were mostly flat as Wall Street tries to find footing sustaining […]

By Staff |January 22, 2010

3 min read

P.M. market numbers for January 22, 2010

The Toronto stock market fell sharply Friday, its third consecutive decline as investors worried about the repercussions of proposed new regulations in the U.S. financial sector and moves by China to tighten lending. The S&P/TSX composite index fell 125.67 points to 11,343.43 for a loss of 341.94 points or 2.9% this week. The TSX financial […]

By Staff |January 22, 2010

4 min read

P.M. market numbers for January 21, 2010

The Toronto stock market tumbled Thursday over another round of concerns about tightening credit in China and proposals to impose tougher regulations on U.S. banks. "We’ve run a big rally here," said Sid Mokhtari, market technician at CIBC World Markets. "We shouldn’t be panicking by any means. It’s more of a backing and filling (by […]

By Staff |January 21, 2010

4 min read