Industry News

4 financial tips for divorcees

The majority of married or common-law Canadians have shared assets, finds TD Canada Trust. Of those, 72% own a home together, 68% have a joint bank account, 64% have a joint financial plan and 52% have a joint credit card. But how do you regain financial stability if you break up? Read: Holmes and Cruise […]

By Staff |September 18, 2012

2 min read

Govm’t introduces mobile payment guidelines

Surveys have long predicted the growing popularity of cashless payments. And now, the Canadian Government has expanded the Code of Conduct for the Credit and Debit Card Industry to include mobile payments.

September 18, 2012

2 min read

Excel Funds appoints portfolio manager

Excel Funds Management Inc. has appointed Christine Tan as portfolio manager. She will work alongside senior portfolio manager David Kunselman. “Over the next five years, the emerging markets will become an essential allocation in every portfolio and with the addition of Christine to our award winning teams, we are ideally positioned to deliver solid performance,” […]

By Staff |September 18, 2012

1 min read

BMO makes changes to 2 ETF strategies

BMO Investments has made changes to the investment strategies of both the BMO Canadian Equity ETF Fund and BMO U.S. Equity ETF Fund. Both funds invest up to 100% of their assets in securities of an underlying exchange-traded fund, namely the BMO Dow Jones Canada Titans 60 Index ETF (ZCN) and BMO U.S. Equity Hedged […]

By Staff |September 18, 2012

1 min read