Industry

Industry reacts to Financial Literacy report

Reaction to the final report by the Task Force on Financial Literacy has been overwhelmingly favourable, with several industry groups volunteering to provide education and assistance. The federal government was also quick to welcome the report, entitled Canadians and Their Money: Building a brighter financial future. (Click here to download a PDF of the report) […]

By Steven Lamb |February 9, 2011

3 min read

Urgent action needed on financial literacy: Task force

Urgent action is needed to improve the financial literacy of Canadians, as individuals must increasingly take responsibility for their own future, according to the Task Force on Financial Literacy. The task force submitted its final report to the federal government this morning. “Financial literacy is critical to the prosperity of Canadians and the nation,” said […]

By Steven Lamb |February 9, 2011

3 min read

Tackling tax-efficient investing

While tax-advantaged vehicles such as RRSPs and tax-free savings accounts are a sure bet for most investors, they are limited by the investor’s contribution room. Once that has been exhausted, investing in taxable accounts is the next step. However, at that point, the tax impact of making such a move must be investigated.

By André Fok Kam |February 9, 2011

7 min read

London calling: TMX to merge with LSE

TMX Group, operator of the Toronto Stock Exchange, has announced that it will merge with the London Stock Exchange. The result would be a trans-Atlantic market with a dominant role in capital financing for the mining industry. The spin off for Canadian investors is that the investing population of Britain — more than double that […]

By Steven Lamb and Dean DiSpalatro |February 9, 2011

2 min read