Industry News

What to do with the tax refund?

BMO Financial has released some statistics that make a strong case for paying down the mortgage before doing anything else with the tax refund. According to John Turner, director of mortgage sales for BMO, a $1,400 investment now at the beginning of a 25-year mortgage could save a client as much as $38,000 in future […]

By Mark Noble |May 23, 2008

5 min read

On The Shelf: Jovian closes Gartman notes

(May 22, 2008) Jovian Capital Corporation announced Thursday that it has successfully closed the CIBC Gartman Global Allocation Deposit Notes, Series 4. Adam Felesky, JovFunds’ CEO, says, “The strong demand across all series is a testament to the strong performance achieved to date.” The notes’ performance is linked to the Gartman Index IITM, a proprietary […]

By Staff |May 22, 2008

1 min read

Briefly:

(May 22, 2008) If you thought things were turning around for the American economy, think again. A new TD Economics report says many of the tests to predict a recovery are so far coming up negative or inconclusive. Beata Caranci, director of economic forecasting for the bank, was surprised that the manufacturing Institute of Supply […]

By Staff |May 22, 2008

4 min read

Holland still hunting for a deal

The TSX may have entered uncharted territory this week, but with just a handful of stocks powering the race to 15,000, much of the market has been left behind. For investors who have underweighted the resource sector, making money in 2007 has not been the easiest feat. The same holds true for mutual fund returns, […]

By Steven Lamb |May 22, 2008

4 min read