Industry

Briefly:

(August 1, 2003) Provinces that rely on manufacturing are facing an economic downturn, but resource-based economies should perform well, according to the Conference Board of Canada. Fortunately, though, the think-tank says the downturn should only last into next year. “Sluggish U.S. economic performance and the soaring Canadian dollar will hurt exports throughout the summer, which […]

By Staff |July 28, 2003

4 min read

Investment managers must take proxy voting seriously, lawyer says

(July 28, 2003) Mutual fund and pension managers who do not take proxy voting seriously could be risking a lawsuit, delegates attending a compliance conference in Toronto were warned last week. Stephen Erlichman, a senior partner at law firm Fasken Martineau, admits it might be difficult to prove that an investment manager has breached his […]

By Doug Watt |July 28, 2003

3 min read

Helping clients tackle rising debt

(July 28, 2003) Canadians may be in for a shock if interest rates were to rise suddenly, according to Myron Knodel, manager of tax and estate planning at Investors Group. “We have a lot of baby-boomers who are nearing retirement age and you’d think that we’d be getting to a point where a lot of […]

By Steven Lamb |July 28, 2003

4 min read

CI debate flares up again in the Talvest Town Hall

(July 25, 2003) The Talvest Town Hall was home to continued debate over the merits of critical illness insurance. After almost a month of silence on the issue, CI suddenly became the hot topic for debate again. Several postings claimed that CI was little more than a premium grab since it was too difficult to […]

By Steven Lamb |July 25, 2003

3 min read