Canada’s economy may be slowing, but it will not be stalling. According to the latest Economic Outlook report from RBC, Canada’s economy is on pace to modestly rebound over the second half of the year. RBC is predicting GDP growth of 3.3%. That’s down from 3.6% projected last quarter. “While Canada’s second quarter growth put […]
Round One is over. Round Two has begun. Your votes have been cast and tabulated. Our expansive list of Visionary candidates is now down to just 20 entries. It is your turn to pick the Top Ten for the next phase of our poll to determine Canada’s greatest financial visionary. In the Second Round, you […]
Investors are embracing gold, silver and government bonds once again, as economic uncertainty cast a shadow over the broad stock markets in August, according to performance data released by Morningstar Canada. Eleven of the 24 Morningstar Canada Fund Indices that track equity fund categories had positive returns in August, with the Morningstar Precious Metals Equity […]
A touch of Canadiana is now at the CFA. Margaret Franklin, a 20-year veteran of the financial industry and the president, CEO of Kinsale Private Wealth, begins her one-year term today as chair of the Board of Governors of CFA Institute. Franklin was elected in May at CFA Institute’s 63rd Annual Conference in Boston. The […]
Institutional investors around the globe are not as self-assured or as positive as they were a few short months ago. According to the Global Investor Confidence Index issued by State Street Global Markets, investor confidence fell 4.4 points from July’s reading of 96.5 to 92.1. Confidence among North American investors dropped 5.7 points to 95.3 […]
Families are in focus at this year’s Distinguished Advisor Conference, with family wealth management at the top of the agenda. Scheduled to be held at the Hard Rock Hotel in Orlando, Florida, from November 14th to the 17th, the conference will feature 20 influential speakers who will take on many key issues facing advisors today. […]
To no one’s immediate surprise, Canada’s economic recovery is slowing down. What is surprising is exactly how much it is stalling out. According to a Statistics Canada report, Canada’s real GDP growth slowed to just 0.5% in the second quarter from 1.4% in the first. On an annualized basis, economic growth was just 2.0%, well […]
Centennial College is opening up its doors to what could very well be a groundbreaking financial course in Canada. This fall, the college will be offering a course in Islamic finance. The program will explore the economic order that conforms to Islamic scripture and traditions. The course will draw from Islamic Law and will source […]
Good grades aren’t the only thing on parents’ or students’ minds these days. According to a TD Canada survey, 21% of post-secondary students are finding it hard to make ends meet and survive, 36% believe getting through their financial difficulties will be a challenge and 41% of students are spending more money than they save. […]
The Bank of Canada may have no choice but to put interest rate hikes on hold after September, states a CIBC World Markets Inc report. This would be all due to continuing weakness of the U.S. economy as key indicators are pointing to growth that will be slower than anticipated by monetary policy makers. “North […]