If safety of principal is the dominant concern for an investor, bonds issued by the Government of Canada are a solid choice. But if the investor’s objective includes both safety of principal and a slightly higher yield, an investment in Canada mortgage bonds may fit the bill.Canada mortgage bonds are relatively new. They were first […]
Imposes more than $40 million in penalties
Says licence will benefit foreign exchange team
BMO Nesbitt suing Wellington West and some former Nesbitt brokers who moved to Wellington
Launches Franklin Templeton bestLINK note
U.S job growth rebounded in August after two disappointing months, as nonfarm payrolls climbed by 144,000, the Labor Department said Friday. The report makes a September rate hike a virtual lock, economists said.The unemployment rate fell by one-tenth of a percentage point to 5.4%, the lowest rate since October 2001, primarily because 152,000 adults dropped […]
Specialists Belsher and Hidi appointed
Integrated service goes beyond traditional brokerage offering
Probably the biggest risk for domestic financial markets from a minority government is on the fiscal side, says a new report by BMO Nesbitt Burns Inc.Senior economists Douglas Porter and David Watt worry that the new Liberal minority government of Paul Martin will be forced into risky spending decisions by the New Democrats, who essentially […]
Off 0.1%, below analysts consensus expectations