Industry

Start sooner to save more

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

Corporate class coming to Meritage portfolios

Subject to regulatory approval, National Bank Securities will shortly add four new corporate class portfolios to its Meritage Portfolios lineup. The new portfolios will allow investors to benefit from tax-deferred switching and compound growth in their non-registered accounts. The Meritage Portfolios invest in third-party funds selected using a quantitative approach known as the Select Rating […]

By Staff |February 16, 2011

1 min read

Time is on the side of young investors

Becoming a millionaire might be more achievable than young Canadians realize, according to a TD Canada survey. Just a fist full of dollars a month, provided the saving starts early. The TD Canada Trust Millionaire’s survey, which polled 689 randomly selected Canadian adults aged 18-34, reveals young Canadians, despite having the power of compounding on […]

By Vikram Barhat |February 16, 2011

3 min read

Final agreement reached on Norbourg

The curtain appears set to fall on the Norbourg saga, as all parties involved in the legal actions have signed a final agreement to pay $55 million to the victims of the fraudulent investment scheme. The settlement will be submitted to Superior Court Judge Andre Prevost on March 14, 2011, for approval. All Norbourg and […]

By Staff |February 16, 2011

1 min read