In this era of currency instability, does home bias shield or skew portfolios?
Continued deleveraging, weak global recovery and China’s lethargic growth have slowed Canada’s own recovery.
Advisor.ca is live-tweeting the Bloomberg Canada Economic Summit, which features government officials and business leaders in the banking, energy, commodities and technology sectors.
The Canadian manufacturing sector stagnated in April, which is an improvement from the contraction seen in March, notes the RBC Canadian Manufacturing Purchasing Managers’ Index. Read: Small biz confidence inches downward in April The index, designed to provide a single-figure snapshot of the health of the manufacturing sector, registered 50.1 in April, slightly above the […]
Believe it or not, Canadians are wealthier than their neighbours south of the border. In the fourth quarter of 2012, Canada’s net worth was at a staggering 648% of its GDP while that of the U.S. was 550% in the same period, reports WSJ.com. On the flip side, though, Canada’s riches grew mostly as a […]
Investors should reduce exposures to currencies at risk of depreciation.
What should you tell clients as they shift to equities?
Canadian auto sales climbed 6% last year, and will edge up further in 2013, advancing to 1.69 million units, the second-highest level on record, says the Scotiabank Global Auto Report. While the resource-rich provinces of Alberta, Saskatchewan, Newfoundland and Labrador will continue to lead gains, volumes in the rest of Canada will remain 6% below […]
Despite a weak economic recovery and lacklustre job growth, Canada remains one of the best countries in a world.
Many Canadians are looking for cross-border banking solutions in North America.