Industry

Spending changes little in retirement

Planning for retirement income usually accepts that retirees can get by on far less than their pre-retirement income, as their expenses will be lower. But when it comes to household needs, spending barely declines at all, according to a report from Statistics Canada. Looking at spending and income patterns from 1982 and 2008, StatsCan found […]

By Staff |March 25, 2011

1 min read

Fidelity’s Schmehl, Dupont replace Snow

Fidelity Investments Canada has announced the departure of portfolio manager Brandon Snow, dividing his new responsibilities between Mark Schmehl and Daniel Dupont, effective immediately. Schmehl, who currently manages the Fidelity Special Situations Fund, will become portfolio manager of the Fidelity Canadian Growth Company Fund. Dupont, currently manager of the equity portions of Fidelity Monthly Income […]

By Staff |March 25, 2011

1 min read

Non-confidence vote a non-event: Industry

There has been a muted response from the Canadian financial services industry to the fall of Harper government as it treats the result of non-confidence vote as a bit of a non-event.

By Vikram Barhat |March 25, 2011

2 min read

Feds launch online insurance guide

The federal agency tasked with improving consumer financial education—yes, it’s been around for a while—has launched a new online publication to improve understanding of insurance. Understanding Insurance Basics is a creation of the Financial Consumer Agency of Canada (FCAC), covering both the life and health segment, and the property and casualty industry. “Insurance is an […]

By Staff |March 24, 2011

1 min read