Industry

Canaccord completes Genuity deal

Canaccord Financial has announced the closing of its purchase of Genuity Capital Markets, after shareholders gave the deal a ringing endorsement on Friday. “We are very pleased that 99.8% of votes cast were in support of Canaccord’s acquisition of Genuity,” says Paul Reynolds, CEO and president of Canaccord. “This acquisition is a significant milestone in […]

By Vikram Barhat |April 26, 2010

2 min read

Canadians may be naïve about interest rates

The past decade of relatively cheap — or at times, free — money appears to have had an impact on the mindset of Canadian home buying and retirement plans. The age of ultra-low interest rates is bound to end eventually, though, and many Canadians may be underestimating the impact that shift will have. A study […]

By Steven Lamb |April 26, 2010

3 min read

Briefly:

Dynamic Funds announced today that three target date mandates are being added to the DynamicEdge Portfolios family. DynamicEdge 2020, 2025 and 2030 Target Date Portfolios are all available in either a corporate class structure or as a trust. The portfolios begin the initial asset allocation balanced between equities and fixed income securities (DynamicEdge 2020 starts […]

By Staff |April 26, 2010

2 min read

Help clients cope with unemployment

Firings and layoffs continue in Canada, notwithstanding a generally improving job picture. Last week, the Canadian Union of Post Workers warned of job losses in Kitchener, stating that Canada Post planned to consolidate operations, shifting work to Toronto. Some job-threatened individuals in Kitchener, or those who lost their jobs earlier this year or last year, […]

By Al Emid |April 23, 2010

4 min read