Investments

Market numbers: December 4, 2009

North American markets headed for a strong open after American jobs data for November blew past expectations. The U.S. Labour Department said that 11,000 people lost their jobs last month, far below the 120,000 that had been expected. The jobless rate came in at 10%, down from 10.2% in October. And there were major revisions […]

By Staff |December 4, 2009

3 min read

P.M. market numbers: December 4, 2009

The Toronto stock market closed lower Friday as strength in the greenback punished commodity stocks and Royal Bank lost ground even as the bank met expectations in its latest earnings report. The S&P/TSX composite index dropped 125.75 points to 11,510.8, weighed down by a sharp decline in the gold sector. The TSX finished up 46.39 […]

By Staff |December 4, 2009

4 min read

Preserve money don’t multiply it

Even though it looks like the market has recovered from the 2008 losses, the experience is not exactly a distant memory for most clients. Some haven’t blinked an eye but others have realized that preserving assets is more important to them than they originally thought. This year’s fund data tells the story. Millions sit in […]

By Deanne Gage |December 3, 2009

4 min read

The future of money market fund regulation

Money market funds (MMFs) – the biggest selling class of mutual funds in nine of the past 13-month periods – are decidedly an important part of the Canadian investment landscape. Assets held by MMFs totalled $73.1 billion at the end of May 2009, an increase of more than 50% since May 2007, according to the […]

By James Hymas |December 3, 2009

7 min read