Industry News

Briefly:

(November 10, 2006) Stronger than expected economic data will delay the U.S. Federal Reserve’s move to ease interest rates, but that shift is still coming, according to Marc Levesque, chief strategist for North American fixed income research at TD Securities. The fixed income market appears to be assigning a one-third chance that a rate cut […]

By Staff |November 10, 2006

3 min read

OSC has lots of work to do, chair concedes

Income trusts, hedge funds and enforcement are just a few of the pressing issues in the securities industry regulators need to tackle, says the chair of the Ontario Securities Commission. David Wilson spoke Friday at the annual Dialogue with the OSC in Toronto. First, the OSC chair talked about Ottawa’s surprise decision to revise the […]

By Mark Brown |November 10, 2006

4 min read

Briefly:

(November 9, 2006) The CPP fund, which includes both investment earnings from the CPPIB and CPP contributions not needed to pay current pensions, has surpassed $100 billion for the first time. As of September 30, 2006, earnings stood at $103.3 billion, a $4.7 billion increase from the previous quarter. “In surpassing $100 billion in assets, […]

By Staff |November 9, 2006

3 min read

Canadians start late on retirement savings

Canadians are starting to take retirement planning seriously, according to fresh research from Desjardins Financial Security, but there’s a downside: they typically put off saving until their mid-thirties, at best. In a survey of 1,666 adults, Desjardins found that on average, the “ideal age” to start retirement was 60. But 35% of workers and partial-retirees […]

By Steven Lamb |November 9, 2006

3 min read