Industry News

Cheap dollar drags on investment: report

Contrary to popular opinion, the current high value of the Canadian dollar is beneficial to the economy, with weak currency holding back investment and productivity, according to a report by the Conference Board of Canada. “Policies that weaken the exchange rate have important — perhaps unintended — consequences for industry investment, productivity and economic growth,” […]

By Steven Lamb |October 13, 2006

2 min read

Briefly:

(October 12, 2006) Canadian investor sentiment recorded its first decrease in two years as real estate and registered savings plans showed softness, according to a national poll conducted for Manulife Financial. The survey suggests that investors are still confident, but becoming less so as cracks start to show around real estate markets, particularly in the […]

By Staff |October 12, 2006

3 min read

5th Annual Dollars and Sense: Advisors swamped by paperwork

If you feel like you’re being deluged with paperwork and administrative duties, you’re not alone. It’s cold comfort to be sure, but 25% of your colleagues cited this as their greatest day-to-day challenge in the ADVISOR Group’s fifth annual Dollars & Sense Survey, placing it at the top of the list. Last year, administrative tasks […]

By Steven Lamb |October 12, 2006

3 min read

Briefly:

(October 11, 2006) Goodman & Company, the investment management division of Dundee Wealth Management, will be converted into an income trust. Dundee’s board of directors announced the proposal late Tuesday. “Management and the board of directors believe that an income trust structure would create benefits for shareholders of Dundee Wealth and offer a capital structure […]

By Staff |October 11, 2006

3 min read