Industry News

The RRSP turns 50

Canada’s favourite retirement savings option, the RRSP, turns 50 on Thursday. It is probably no coincidence that 50 is the age of those in the middle of the boomer generation because, for the most part, the rise of the RRSP has paralleled the growth and wealth accumulation of the boomers. In 1957, then finance minister […]

By Mark Noble |March 14, 2007

3 min read

Briefly:

(March 13, 2007) A Canadian study conducted by Info-Tech Research Group, on behalf of Symantec Corp., reveals that only 10% of executives believe Canadian businesses are fully prepared to conform to Bill 198’s compliance legislation. Ontario’s Bill 198 and its sister legislation in other provinces, passed to create a framework equivalent to the U.S. Sarbanes-Oxley […]

By Staff |March 13, 2007

4 min read

Carbon market could be worth billions

Long before green became synonymous with the environment, it was known as the colour of money. The creation of an interprovincial system for trading carbon credits would allow it to represent both very nicely, according to a report out of CIBC World Markets. In fact, such a market for greenhouse gas emission credits would generate […]

By Steven Lamb |March 13, 2007

3 min read

Briefly:

(March 12, 2007) Statistics Canada released its labour productivity report for 2006’s final quarter and found that productivity in Canadian businesses increased 0.3% between October and December. That raised the annual rate for 2006 to 1.2%, still lower than the 2.1% recorded in 2005. StatsCan measures productivity by comparing hours worked to the GDP. Productivity […]

By Staff |March 12, 2007

2 min read