Industry News

Canadian economy beats BOC forecast

Canada’s economy which came back on track in early 2010 started steaming ahead by the last quarter of 2010, according to a report by Statistics Canada. Surging exports (4.0%) and strong consumers demand (1.2%). emerged as the leading growth engines that fuelled a 3.3% annualized rate of growth in the fourth quarter, up from 1.8% […]

By Vikram Barhat |February 28, 2011

2 min read

Charity fraud concerns abound

An Angus Reid survey commissioned by Capital One and CanadaHelps shows 65% of Canadians are worried about fraudulent charities, a 14% jump from the results of a 2009 survey. This skepticism, combined with the difficulty of recovering donations made to fraudulent charities, led 53% of respondents to say they are less likely to give to […]

By Dean DiSpalatro |February 25, 2011

3 min read

Third pillar must drive retirement savings innovation

The pooled retirement pension plan (PRPP) scheme announced last year represents a positive first step toward ensuring all Canadians have sufficient opportunity to save for retirement, according to Christopher Brown, president of the Association of Canadian Pension Management. But, he says, this has to be just part of the solution. “Governments are clearly engaged in […]

By Neil Faba |February 25, 2011

4 min read

Counsel to merge Titan Managed Portfolios

Counsel Portfolio Services has announced it will merge its Titan Managed Portfolios with comparable Counsel investment mandates, following approval of the move by Counsel’s Independent Review Committee. The mergers will take place as follows: The mergers are expected to take place in the first half of 2011. Investors in Titan Managed Portfolios will be provided […]

By Staff |February 25, 2011

1 min read