Industry News

Housing starts ‘on fire’ in July

(August 9, 2005) The boom in new housing construction looks set to continue for the rest of the year in Canada, but the latest numbers from the Canada Mortgage and Housing Corporation (CMHC) suggest affordability is becoming a greater issue for many would-be homeowners. Low mortgage rates and solid labour market conditions helped housing starts […]

By Kate McCaffery |August 9, 2005

2 min read

Briefly:

(August 12, 2005) The Ontario Securities Commission is seeking comment on its latest proposal to reduce fees. The regulator wants to cut fees by 11% in an effort to pare down a $35.9 million budget surplus over a three-year period. “Like many other organizations in the financial services industry, our costs have risen, but as […]

By Staff |August 8, 2005

12 min read

Experts weigh in on proposal to creditor-proof RRSPs

(August 8, 2005) Proposed changes by the federal government to creditor-proof RRSPs are being called a step in the right direction. But one observer says they don’t go far enough. New rules were tabled this past June as part of the insolvency and wage earner protection legislation, which proposes sweeping changes to secure an individual’s […]

By Mark Brown |August 8, 2005

3 min read

CPP urged to dump tobacco stocks

(August 5, 2005) The Canadian Medical Association is taking a different approach in its latest attempt to convince the CPP to divest its tobacco stocks, putting aside the usual health and social arguments and focusing on pure economics. “Expert evidence suggests that investments in tobacco are not a wise endeavour,” the CMA says in a […]

By Doug Watt |August 5, 2005

2 min read