Industry News

Commodity prices to ease in 2005: BMO

(January 17, 2005) Increased production, cooler demand and easing political tensions in the Middle East will spell the end of the commodity price rally, according to a forecast from BMO Financial Group Economics Department. Commodities from forestry, to oil, to minerals, all haveseen a run-up in value since mid-2002. “Strong demand from China and the […]

By Steven Lamb |January 17, 2005

2 min read

Big banks boost 2004 fund sales

(January 17, 2005) Canada’s mutual fund industry had a banner year in 2004, with total net sales of $14.7 billion, IFIC says in its monthly sales report. Three bank-owned firms led the way, accounting for nearly half of net sales last year. “These are the best sales figures we’ve had had since 2001,” said IFIC […]

By Doug Watt |January 17, 2005

2 min read

Briefly:

(January 21, 2005) The CFA Institute has announced the results of the December sitting of the CFA Institute Level 1 exam. Of the 1,901 candidates who wrote the exam, 754 passed, for a pass rate of about 40%. The next sitting of the Level 1 exam is in June, along with the exam for Levels […]

By Staff |January 17, 2005

10 min read

M&A activity hot, but can Canada cash in?

(January 14, 2005) The past year proved to be a hot one for mergers and acquisitions in Canada, according to a report from the IDA. While the number of transactions edged higher by 6% in the first three quarters, the value of these deals jumped by 38%. There were 19 of these large transactions in […]

By Steven Lamb |January 14, 2005

2 min read