Industry News

Central bank seen hiking interest rates

(September 2, 2005) The Bank of Canada should raise its key overnight lending rate 25 basis points to 2.75% next week, says the C.D. Howe Institute’s Monetary Policy Council. And bank economists seem to support the call. Nine of the 10 panel members voted for the increase. “The group felt that, notwithstanding weakness in some […]

By Doug Watt |September 2, 2005

2 min read

Assessing Katrina’s impact on energy markets

(September 2, 2005) To understand where energy prices might be headed in the wake of Hurricane Katrina, it helps to have an accurate picture of where things stand now. Independent energy industry consulting firm Purvin & Gertz released a briefing today on the impact that the natural disaster had on oil and gas production, refining […]

By Kate McCaffery |September 2, 2005

3 min read

Summer scorcher for fund sales

(September 2, 2005) Veterans of the mutual fund industry often bemoan the dog days of summer, when Canadians usually ignore their investments and concentrate on vacations. But that certainly hasn’t been the case this year. IFIC today reported preliminary sales of approximately $1.75 billion for the month of August, following net sales of $1.9 billion […]

By Staff |September 2, 2005

1 min read

New Alberta investor website borrows name from Ontario

(September 1, 2005) The Alberta Securities Commission has introduced a new investor education website. But there’s concern that the site’s name, investored.com, could cause some confusion because of its similarity to Ontario’s investored.ca. “We did point out to them that we thought it would be confusing but they had already gone ahead and done their […]

By Doug Watt |September 1, 2005

2 min read