Participants: Marilyn Trentos, vice president & investment advisor, RBC Dominion Securities. Nicolas Del Sorbo, senior vice president & senior investment advisor, HSBC Securities (Canada) Inc. Moderated by: Vikram Barhat How has the recession impacted alternative investments? Marilyn Trentos: I think the recession and, more importantly, the meltdown in the markets it caused, has impacted all […]
This could be the beginning of fierce debate. Our story “Canadians have goals but lack game plan” has received some impassioned responses from the members of the industry. At the heart of the debate is the findings of the recent HSBC study “Tomorrow, Today” which revealed Canadians are uncertain about attaining their financial and life […]
Time is fast running out for the patrons of “gifting tax shelters” making questionable charitable donations in the hope of making a fast buck. The Canada Revenue Agency (CRA) is tightening the noose around those who are using questionable tax shelter programmes to claim phoney charitable donations. Such schemes typically give the donor a tax […]
Canadians want to retire early, go on vacation and come back to a home they can call their own. A national survey commissioned by HSBC Bank Canada, titled ‘Tomorrow, Today’, reveals most Canadians feel financial security is a must, but not at the cost of a balanced life and personal passions. The survey was conducted […]
Improved year-over-year assets under management (AUM) figures for mutual funds, supported by a significant drop in net redemptions suggest the Canadian mutual fund industry may have regained some investor support. Net redemptions totalled $83.3 million, down from net sales of $152.6 million last month, but up from net redemptions of $462.6 million last August, according […]
It’s the one we’d been holding our collective breath for. Close on the heels of its July announcement, the Bank of Canada (BoC) raised its benchmark policy rate a second time this summer, to 1%, but most Canadians are treating it as par for the course. Experts in the financial industry assure that despite a […]
Participants: Marilyn Trentos, vice president & investment advisor, RBC Dominion Securities. Nicolas Del Sorbo, senior vice president & senior investment advisor, HSBC Securities (Canada) Inc. Moderated by: Vikram Barhat How has the recession impacted alternative investments? Marilyn Trentos: I think the recession and, more importantly, the meltdown in the markets it caused, has impacted all […]
To graduate or not to graduate? The million-dollar question has lately been generating high levels of interest, and some cost concerns. As more than one-million post-secondary students head back to school this fall, student organizations are reinforcing the value of a university degree. If a recent release from the Association of Universities and Colleges of […]
Mark Armstrong, the vice president, investment advisor at Richardson GMP, Saskatoon and Richard Knowles, financial planner, R. Knowles & Associates, Vancouver, join the Advisor Group to debate the practice of shorting stock.
This story bears repeating. Vikram Barhat tracked down some of the most common compliance problems among advisors. • • • A slew of financial violations have been keeping the hearing panels of MFDA and IIROC busy. Although many are deliberate, some of these offences are the result of glaring ignorance that leads financial practitioners afoul […]