Industry

Fidelity launches U.S. All Cap Fund

Fidelity Investments Canada ULC today launched Fidelity U.S. All Cap Fund, a new mutual fund for Canadian investors seeking U.S. investment exposure. The fund, whose introduction is reflective of an increasingly positive outlook for the U.S. economy and its equity markets, is also available in a corporate class version. “The U.S. market can offer Canadian […]

By Staff |January 30, 2013

1 min read

Resource-rich provinces to drive auto growth

Canadian auto sales climbed 6% last year, and will edge up further in 2013, advancing to 1.69 million units, the second-highest level on record, says the Scotiabank Global Auto Report. While the resource-rich provinces of Alberta, Saskatchewan, Newfoundland and Labrador will continue to lead gains, volumes in the rest of Canada will remain 6% below […]

By Staff |January 30, 2013

1 min read

Risk-taking on the rise among Canadians

As the overall outlook for equities turns cheery, Canadian investors are becoming increasingly open to taking risks this year, finds a research by Franklin Templeton Investments. The January 2013 survey finds 82% of investors identify themselves as having a specific investment personality, up from 68% in 2009. The percentage of investors who identify themselves as […]

By Staff |January 30, 2013

2 min read

iPad storage boost hits back at Microsoft tablet

Apple has doubled its iPad storage limit, leaving experts wondering if the move is an attempt to compete with Microsoft’s Surface or other tablets, reports ft.com. The latest iPad will go on sale in February — a week before Microsoft’s Surface Windows 8 Pro. While the iPad costs $799 for 128GB of storage, Micrsoft’s product […]

By Wire services |January 30, 2013

1 min read