A building boom could fuel steel stocks. But producers may find ramping up capacity that may not be needed could be costly
Financial advisors may need to alter expected returns in planning software to provide better data for clients
First Asset Capital Corp. of Toronto has combined four of its mutual funds. First Asset Canadian Convertible Debenture Fund has been merged with First Asset Canadian Convertible Bond Fund. First Asset Canadian Dividend Opportunity Fund II has been merged with First Asset Canadian Dividend Opportunity Fund. All unitholders of the closing funds will receive A-class […]
Toronto-based BMO Investments Inc. has made several portfolio-management changes to its mutual funds. Toronto-based Monegy Inc. no longer is portfolio manager for BMO Floating Rate Income Fund, BMO U.S. High Yield Bond Fund and BMO U.S. Dollar Monthly Income Fund. Instead, BMO Asset Management Inc. (BMOAM) will take on the portfolio- management responsibilities for all […]
Toronto-based Invesco Canada Ltd. has added two ETFs to its product lineup. PowerShares S&P 500 High Dividend Low Volatility Index ETF is designed to replicate the performance of the S&P 500 low-volatility high-dividend index. PowerShares S&P Global ex-Canada High Dividend Low Volatility Index ETF, meanwhile, is meant to replicate the S&P global 1200 ex-Canada low-volatility […]
Toronto-based CI Investments Inc. will offer certain clients fee discounts – automatically. Individual accounts of at least $150,000 or family groups with aggregate assets of $250,000 or more will qualify automatically for discounted fees on a number of CI mutual funds. The discounts, which are available through the CI Preferred Pricing and CI Private Wealth […]
Premier Philippe Couillard’s Quebec Liberals were elected in 2014 on a promise to take care of business, to deal with “the real issues” – better fiscal performance for the province. Luc Godbout, a Université de Sherbrooke tax expert, was commissioned to come up with a bold plan for a better tax system. His findings: Quebec […]
Although the pillars of the Newfoundland and Labrador economy are suffering, a few bright spots, such as tourism and mining, are showing surprising resilience
Oil prices are still unimpressive and oilsands producers are shrinking, but pipeline approvals and rising demand are expected to bring brighter days for the energy sector
Trudeau appears to be adopting a darker narrative, one that tries to address the growing anger of a middle class that feels left behind