Economic Indicators

Debt–laden Canadians struggling to save

More than half of Canadians find it impossible to save while trying to pay down debt and meet basic living expenses, according to the TD Canada Trust 2011 Report on Savings. The online survey of 1,003 adult Canadians also discovered that 38% of participants have no savings at all. “A small shift in your everyday […]

By Vikram Barhat |April 20, 2011

2 min read

S&P warns on U.S. debt

The showdown in Washington over the U.S. national debt has prompted Standard & Poor’s to adjust its rating on U.S. Treasuries. While the U.S. still enjoys a AAA rating, S&P warned that there is a one in three chance that it will downgrade the country in the next two years. “Because the U.S. has, relative […]

By Wire services |April 18, 2011

2 min read

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

Promises, promises: TFSA boost for seniors

You take one day out of the office to attend an alternative investments conference, and what happens? Probably the biggest financial planning-related election promise the campaign will see is announced. Yes, the Conservatives rolled out an offer on Thursday to double the contribution limit on the TFSA to $10,000 per year, to be implemented once […]

By Staff |April 8, 2011

2 min read