Industry News

Economists’ predictions for 2008

As 2007 comes to a close, it’s only natural in the financial world’s forecast-happy climate that a number of institutions have already started predicting what will happen next year. The general consensus is that the Canadian dollar will remain somewhere around par, the U.S. economy will slow down further, and the markets will be just […]

By Bryan Borzykowski |December 28, 2007

4 min read

Year in review: 2007’s most newsworthy happenings

As the year comes to a close, advisors are likely breathing a (temporary) sigh of relief. The year started off well enough; markets reached record highs — the S&P/TSX Composite Index broke 14,000 points in mid-May — but, as the saying goes, what goes up must come down. And come down it did. The Composite […]

By Bryan Borzykowski |December 28, 2007

6 min read

Briefly:

(December 27, 2007) Economists at Desjardins Group released their forecast for next year, and they’ve concluded that a U.S. recession can be avoided. The economists predict that real GDP growth in the U.S. will be 2% next year. Despite a 40% risk of recession, the company thinks the U.S. Federal Reserve will continue to cut […]

By Staff |December 27, 2007

2 min read

Start planning for the dream retirement today

If spending your golden years in a castle on a beach sounds outlandish, well, tell that to your clients. According to a Bank of Montreal promotion, which asked 34,000 people where they’d like to retire, 25% of respondents said on a beach, while 16% wanted to live in a villa on a beach. One ambitious […]

By Bryan Borzykowski |December 27, 2007

2 min read