DB pension plan managers post positive returns in Q2
Canadian equities and a stronger loonie put downward pressure on financial returns in the quarter
- By: James Langton
- August 8, 2017 December 14, 2017
- 09:00
Canadian equities and a stronger loonie put downward pressure on financial returns in the quarter
OSC to hold hearing on Home Capital; Manulife, Sun Life report quarterly earnings
U.S. stocks also rose following a strong jobs report that showed employers added 209,000 jobs in July
S&P report suggests the banks’ strong capitalization is expected to insulate them from some of the larger risks
Although the unemployment rate fell to its lowest point in almost nine years, the pace of growth slowed in July
The adoption of the IFRS 9 accounting rules will mean that banks’ reserves will rise by almost 30%
A bright spot for the energy sector was Canadian Natural Resources, which saw its shares rise more than 3%
Company seeks feedback on issues such as women on boards and responsible investment
New report finds that that there are steps exchanges in the developing world can take to make the markets more welcoming
Average home prices are down by almost $175,000 since April
In New York, the Dow Jones industrial average breached 22,000 for the first time
Professor suggests that the first solar eclipse in North America in 38 years could affect stock market returns that day
The indexing giant will no longer add companies that utilize multiple share class structures to the S&P 1500 and its component indices
Energy shares, which fell by more than 0.7%, were the biggest decliners of the day
The Dow Jones industrial average had its fourth consecutive day of hitting a record high
The new NDP government is also looking at the interest-free loan program for first-time homebuyers and a tax on vacant properties
Anniversary of B.C. foreign buyers’ tax; key economic figures on deck; corporate heavyweights’ earnings
In New York, the Dow Jones rose while the S&P 500 and the Nasdaq declined
The energy industry helped power growth in Canada’s GDP
The improvement from 1.2% annual growth in Q1 was powered by a robust recovery in consumer spending after a winter slowdown
Commodities continued to gain as oil, natural gas, gold and copper were all up
Gifting money not only helps children or grandchildren get established, it also offers significant opportunities for tax and estate planning
A new report from the Vancouver-based shareholder advocacy organization finds that the financial services sector is doing better than many others
The three major U.S. indices climbed to record highs on Wednesday
Supply constraints and stronger economy should lead to a pick up in property prices in the city