Industry News

IDA calls on Ontario to cut taxes

(February 15, 2005) Ontario should reduce both corporate and personal income tax rates in an effort to make the province more competitive and attract new private investment, the IDA says in a pre-budget submission. “While we are encouraged by an optimistic near-term outlook for the Ontario economy, we continue to have concerns about the province’s […]

By Doug Watt |February 15, 2005

2 min read

Fund assets hit record high

(February 15, 2005) Canadian mutual fund assets reached a new all-time high in January, surpassing the $500 billion mark on net sales of $660.7 million. “We have reached a landmark going past half a trillion dollars in assets,” said John Murray, IFIC’s vice-president, regulation and corporate affairs. “It is also heartening to note that most […]

By Steven Lamb |February 15, 2005

3 min read

Vancouver SRI firm screens CPP

(February 14, 2005) Considering the Canada Pension Plan has repeatedly rejected calls for social and environmental screening of its investments, any undertaking of such a project may be just a theoretical exercise. But as Real Assets Investment Management discovered, the results were quite an eye-opener. Using a broad-based screening approach, the Vancouver-based SRI firm eliminated […]

By Doug Watt |February 14, 2005

2 min read

American author hot on commodities

(February 14, 2005) Commodity-rich Canada will produce profits for savvy investors in the years to come, says U.S. author and professor Jim Rogers, who was visiting Toronto last week. “Canada is one of the great natural-resource-based economies of the world,” he enthused at a presentation hosted by Tricycle Asset Management, noting that the current commodities […]

By Art Melo |February 14, 2005

3 min read