Retiring Canadians not only want to keep busy but need to do so.
Sun Life is no longer in the life reinsurance business. That part of its business has now been sold to Berkshire Hathaway Life.
Jim Hall was the big winner at the 2010 Canadian Investment Awards in downtown Toronto last night. Hall, the chairman and director of research for Mawer Investment Management Ltd. in Calgary, took home the award for Morningstar Equity Fund Manager of the Year. “Jim Hall’s track record, not only over the past year but over […]
A full list of award winners from last night’s event: Morningstar Equity Fund Manager of the Year Award Winner: Jim Hall, Chairman and Director of Research, Mawer Investment Management Ltd. Morningstar Fixed Income Fund Manager of the Year Award Winner: TD Asset Management Fixed Income Team, TD Asset Management Inc. • • • Morningstar Fund […]
Another ETF has joined Horizons BetaPro’s stable of funds. The S&P 500 Index ETF (BetaPro S&P 500 ETF or HXS) is now trading on the TSX. HXS is the second BetaPro ETF that will track an index already available to Canadian investors through another TSX listed index-tracking ETF. HXS offers a low-cost and tax efficient […]
For the first time since 2009, housing affordability has improved in Canada, according to a report from RBC. In the third quarter of 2010, mortgage rates dropped and home prices declined. “The improvement in affordability during the third quarter has relieved some of the stress that had been mounting in Canada’s housing market over the […]
Canadian boomers will not be retiring to a rocking chair on the front porch, for a variety of reasons. According to a poll conducted by the Investors Group, 61% are looking forward to their retirement. They see it as being comfortable (54%) but fulfilling (43%), busy (42%) and exciting (25%). Most boomers predict they will […]
It looks as if Canadian shoppers will be clutching their purse strings more tightly this holiday season. According to an RBC survey, about one-third (31%) will be spending less on all of their holiday expenses this year. More to the point, they are planning to shell out $100 less, an average of $624. RBC also […]
Men are not only from Mars and women are from Venus but the two sexes apparently live into two different timelines as well: the future and the present. According to a study conducted by BlackRock’s iShares business in Canada, Male investors live for the present while cautious female investors are looking ahead to the future. […]
RBC and the University of Waterloo have joined forces on a retirement planning and retirement living report. The ‘Your Future by Design Retirement Research’ report released today blends academic research with financial knowledge to develop practical retirement solutions and advice. The highlight of the report is the notion that Canadians need to understand not only […]