Industry News

Advisor Forum update: Tapping into wealth market key for unhappy advisors, Bowen says

(October 19, 2004) Nearly half of Canadian advisors aren’t satisfied with their level of success, according to a survey presented at the Advisor Forum in Halifax. That could be because most advisors aren’t making as much as money as they had hoped and don’t know how to tap into the lucrative wealth management market, says […]

By Doug Watt |October 19, 2004

2 min read

Bay St. earnings to outstrip Wall St.

(October 19, 2004) Canadian corporate earnings are set to outstrip those in the U.S. as third-quarter earnings season gears up, thanks to soaring commodity prices, according to CIBC economists. Due to the heavy weighting assigned to our resource sector, the price-to-earnings ratio for the entire TSX Composite Index could be affected, making Bay Street more […]

By Steven Lamb |October 19, 2004

2 min read

Briefly:

(October 22, 2004) The Canadian Pension Plan Investment Board (CPPIB) today announced four new private equity investments, worth $740 million. The board has committed $300 million US to the KKR Millennium Fund, 80 million euros to Partners Group Secondary, $90 million US to VSS Communications Partners and $100 million US to MidOcean Partners. The CPPIB’s […]

By Staff |October 18, 2004

5 min read

Canada enjoys foreign investment surplus

(October 18, 2004) Foreign investors gave the Canadian economy a vote of confidence in August, purchasing $897 million in net securities, despite a “substantial” sell-off in money market instruments, according to the latest report from StatsCan. At the same time, Canadian investors unloaded $1.1 billion in foreign securities, with a roughly even split between equities […]

By Steven Lamb |October 18, 2004

2 min read