It's the time of year when investment experts get busy writing commentaries and fashioning forecasts. With one eye on the road ahead, and the other looking in the rear view mirror, here's their vision of Canadian equities for 2011.
As the New Year euphoria dies down, the veil lifts on a reality that’s not so bright and breezy. The year 2011 brings with it the burden of baby boomers, the oldest of whom, turning 65 this year, will trigger a wave of retirement. While many of them have some kind of financial plan, savings […]
Tax efficiency is the key to managing portfolio volatility in retirement, Winnipeg-based financial advisor Douglas Nelson told the Distinguished Advisor Conference 2010 in Orlando, Fla.
A fragile recovery, high unemployment and household indebtedness make America a friend in need. But as a country known more for permanent interests than friends, the U.S. is being increasingly seen as a poor choice for friendship.
The countdown has begun. The CRA website is reminding taxpayers that ‘charitable donations must be made by December 31, 2010 in order to qualify for a tax credit in the 2010 tax year.’ For advisors this may be a good time to discuss charitable giving with their clients. “Every time there’s a tax situation, there’s […]
Mergers and acquisitions activity in Canada continues its slow but steady progress as another number gets added to its 2010 tally. A recent federal regulatory approval made it possible for Waterloo-based FaithLife Financial to acquire U.S.-based Woman’s Life. Effective January 1, 2010, FaithLife Financial, a not-for-profit, member-based financial services organization, assumes direct responsibility for all […]
To many Canadians, a New Year’s resolution is something that goes in one year and out the other. And that’s perhaps why their health problems last longer than their New Year’s resolutions, as the recent Sun Life Financial study found. One of the key findings from the online survey, which included 1,586 adults, revealed that […]
As dollar-parity becomes more of a floor than a ceiling, Canada continues to lose its share of the U.S. import market. As conventional measures remain inapplicable, Canadian economists are suggesting radical moves to tackle the issue of an overheating loonie. The rapid rise in the value of Canadian dollar owing to foreign investors and central […]
Canada continues to be a favourite parking spot for nervous money. Foreign investors acquired $9.5 billion worth of Canadian securities in October, according to a Statistics Canada report. Those flocking to Canada are largely taking refuge in Canadian bonds and stocks. The report said non-resident investors added $7.8 billion worth of Canadian bonds to their […]
Philanthropic activity in Canada is in top gear. As the season for charitable giving draws to an end, with December 31 being the deadline for a 2010 tax receipt, Canadians are looking for ways to keep the tax man's hand out of their pocket. Charitable giving as a tax-reduction strategy is one of them.