Industry News

Investors opt for foreign bonds

If corporate Canada truly is being hollowed out by foreign acquisitions, Canadian investors certainly seem willing to balance the effects by buying up foreign securities. In March alone, the Canadians invested $11 billion outside of our home and native land, according to the latest data out of StatsCan. That drives year-to-date foreign investment to a […]

By Steven Lamb |May 16, 2007

2 min read

Briefly:

(May 15, 2007) Scotiabank expects the Canadian economy to grow only modestly at a rate of 2.3% this year. The downgrade in growth expectations remains centred on the manufacturing sector, which continues to struggle with intense international competition and a rise in the Canadian dollar. “Given the moderation in U.S. growth now underway and the […]

By Staff |May 15, 2007

3 min read

Barclays rounds out iShares family with SRI ETF

The market for exchange-traded funds is quickly filling up. Today, Barclays Global Investors added two small-cap and a socially responsible ETF to its lineup. That follows the introduction of a new bond ETF, as well as value and growth ETFs in the fall and a dividend and real-return bond ETF at the end of 2005. […]

By Scot Blythe |May 15, 2007

2 min read

Private equity deals set record in Q1

Merger and acquisition activity on the TSX reached a fever pitch status in the first quarter of 2007, with private equity making up an ever-increasing part of the buyout game, according to the latest statistics from the Canadian Venture Capital and Private Equity Association. Private equity funds splashed out $5.1 billion in 36 separate deals […]

By Steven Lamb |May 15, 2007

3 min read