The sector has attractive valuations, but is facing mounting downward pressure due to moderating incomes and tightening credit conditions
Toronto-based RBC Global Asset Management Inc. (RBCGAM) has reopened Phillips Hager & North Short Term Bond & Mortgage Fund to new investors. The fund was closed to new investors in July 2016 as a means to manage money inflows. However, the fund’s portfolio managers have determined that there now is enough capacity in the short-term […]
Toronto-based Franklin Templeton Investments Corp. has launched a mutual fund that focuses on North American equities. Franklin Bissett Canada Plus Equity Fund can invest up to 49% of its portfolio in foreign securities, with an emphasis on U.S. equities. As well, the fund’s portfolio managers may use equity-based put options to reduce the overall volatility […]
Calculation of returns on a dollar-weighted basis could perplex clients
A walk in central Toronto that doesn’t include a crane, a half- finished highrise or, worse, a massive pit where another stretch of century-old buildings existed only the month before, is rare indeed. With housing in short supply, property taxes constantly rising and zoning restrictions rightfully restricting sprawl on city edges, building up makes sense. […]
Cost-cutting measures led to an unexpected budget surplus, but also may have led to an exit of doctors, teachers and film industry workers
B.C.'s heavy focus on megaprojects and cost-cutting is likely to come to an end under the new NDP government
A successful summer PR campaign and smart moves on NAFTA are sending the Liberals back to Parliament virtually dent-free
Editorial
As the financial services sector undergoes profound changes, advisors will need support from their firms to meet the increasing challenges and build strong practices