Industry

Sector shifts present challenges

(January 5, 2005) Experts predict a very different Canadian economy will emerge in 2005. While they remained upbeat, economists gathered this morning at the Economic Club of Toronto told members that making money for clients in the year to come will be a more difficult task. In short, growth in the economy needs to come […]

By Kate McCaffery |January 5, 2005

3 min read

December caps solid year for fund sales

(January 5, 2005) December was a strong month for mutual fund sales, according to preliminary estimates released Wednesday by IFIC, wrapping up the best year the fund industry has seen since 2001. Net sales for December are expected to be around $1.2 billion. Total sales for 2004 will be likely be $14.7 billion, says IFIC […]

By Doug Watt |January 5, 2005

2 min read

Ottawa extends charity deadline

UNICEF Canada Development and Peace Save the Children Mennonite Central Commitee Canada Canadian Lutheran World Relief Charitable donations can be claimed in the year they are made, or can be carried forward to take advantage of higher deductibility rates for receipts totalling more than $200. Ottawa has pledged to match private donations, in addition to […]

By Steven Lamb |January 4, 2005

2 min read

Canadians embracing RRSPs, advice

(January 4, 2005) Canadians are planning to contribute more to their RRSPs this year, with an average intended contribution of about $5,560, according to a report from RBC Financial Group. In its 14th annual survey of investors, RBC found that 65% of Canadians have an RRSP, up from 57% in 2002. “Canadians have always been […]

By Steven Lamb |January 4, 2005

2 min read