Industry News

Economy seen climbing in 2005, despite higher interest rates

(October 6, 2004) Rising household net worth and a strong labour market should boost the Canadian economy next year, says RBC Financial in its latest forecast, despite higher interest rates. RBC expects 3.1% economic growth this year, climbing to 3.6% in 2005. Canadian households have responded to a low interest rate environment by driving up […]

By Doug Watt |October 6, 2004

2 min read

Accounting firms get vote of confidence

(October 6, 2004) Canada’s four biggest accounting firms have passed quality control inspections conducted by the Canadian Public Accountability Board (CPAB). The report states that there are no systemic problems with the quality of external audits done by the firms, referred to as “dedicated professionals who generally do a difficult job very well,” by board […]

By Doug Watt |October 6, 2004

2 min read

Ethical to focus on sustainability with new index fund

(October 5, 2004) Vancouver-based socially-responsible investing specialist Ethical Funds is changing gears slightly, moving towards a focus on sustainability, as it launches a new index fund based on the S&P/TSX Composite Index. The Ethical Canadian Index Fund, launched October 1, seeks to match the performance of the TSX, but will remove stocks that don’t meet […]

By Doug Watt |October 5, 2004

4 min read

Briefly:

(October 8, 2004) The Standard Life Assurance Company has named Jordy Chilcott senior vice-president of sales for Standard Life Mutual Funds and vice-president of sales at Standard Life. “I will continue to search for innovative ways to help our advisor partners to manage and grow their business in addition to our Business Consultancy Services,” said […]

By Staff |October 4, 2004

11 min read