The year 2011 was characterized by a string of bad news from the Eurozone. The crisis, now in its third year, has grown worse as policymakers continue to try to contain the floodwaters with pitchforks.
A rather unimpressed advice industry notwithstanding, the newly re-introduced Pooled Retirement Pension Plans (PRPPs) have found considerable favour with small business owners, according to a recent poll from the Canadian Life and Health Insurance Association (CLHIA).
Foreign investors are snapping up Canadian securities while Canadians are looking elsewhere for diversification and growth, according to the latest Statistics Canada figures.
As the vast majority of Canadians take their products-and-services search online, businesses are beginning to follow. The financial services industry is waking up to this trend.
A record number of reverse mortgages in Canada has sparked concern, with some in the financial industry expressing fears of homelessness. However, the more pragmatic in the industry are quick to offer reassurance that it's not all gloom and doom.
While there is a prevailing sense of caution among Canada's big banks over the domestic real estate market, it's the situation in Europe that's keeping the CEOs awake at night.
When new money finds old masterpieces the result is historic financial performance. As an atypical asset class, art has been steadily growing as a preferred haven for wealthy investors shunning wild swings in stock markets.
The need for an improved cash flow in retirement is leading to record number of reverse mortgages in Canada, according to a HomEquity Bank study.
Less than a week into the new year, Canadian investors are being warned they face an uphill battle.
India's bid to backstop a sagging rupee, combat market volatility and attract foreign investment, may spell good news for Canadian investors.