The current state of infrastructure in Canada and its future development compare favourably with the rest of the world. An expert panel at the recent EuroMoney Canada Forum painted a rather rosy picture of Canada’s current infrastructure situation. There were, of course, comparisons drawn between the infrastructure financing in Canada and in the U.S. and […]
The death of the Canadian income trust phenomenon has given the Canadian high yield market a new lease on life. Despite being around for decades, the market for high-yield bonds—formerly known as junk bonds—has stayed relatively small in Canada, especially in comparison to the market south of the border. But if experts at the recent […]
Contrary to popular belief, making money is not the goal of investment. Money is a currency that buys emotional gifts. These gifts could be safety, security, freedom or self esteem; unique reasons why people invest money. It is imperative, therefore, that financial advisors address and mitigate clients’ behavioral biases, says Frank Murtha, managing director, Market […]
An overwhelming majority of Canadians are doing their own taxes and are confident they are doing a good job, according to a BMO Harris Private Banking survey. The study noted that despite the anxiety that often accompanies tax season, more than half of taxpaying Canadians (59%) have decided not to engage a professional to assist […]
Some say it was good luck, others say it was good management that helped the Canadian banking industry slip through the jaws of global economic meltdown relatively unhurt. If you chalk it up to our sound banking system, think again. Experts say it is far from worthy of being an international role model. “I’m a […]
David LePoidevin, VP and portfolio manager at National Bank Financial in Vancouver started his career in Toronto and moved to Vancouver as his book of business began to swell. He built his business the old fashioned way: through cold calling. Being in his 20s at the time helped. Being young wasn’t a problem because he […]
Mainstream media in Canada seems often to give securitization the short end of the stick. They either deplore it or ignore it.
Fear of a mortgage taking too big a bite out of their incomes is forcing young Canadians defer home ownership, this according to the 18th Annual RBC Homeownership Study. The survey noted that 55% of young Canadians feel it’s wise to put off home purchases until next year. “In a more balanced housing market, it […]
The impact of geo-political strife in the Middle East and North Africa and tripartite tragedy in Japan hindered the Canadian IPO market in the first quarter, according to the quarterly PwC survey of initial public offerings on Canadian equity exchanges. However, the pause could mean new investment opportunities for those waiting on the sidelines hoping […]