Largest share of household budgets goes to personal taxes
U.S. wholesale prices surged in January and core inflation also climbed above expectations.The producer price index for finished goods rose 1.0% on a seasonally adjusted basis after a 0.3% decrease in December, the Labor Department said today.The core index, which excludes food and energy items, rose 0.4% last month, seasonally adjusted. It rose 0.2% in […]
The Investment Funds Institute of Canada (IFIC) is reminding investors that mutual funds can go a long way to protecting them during turbulent periods.“Mutual fund investors are usually in good shape during market fluctuations because of diversification, the advantage of dollar cost averaging and professional portfolio management,” says Joanne De Laurentiis, president and CEO of […]
Annual earnings up 6.6%
U.S. wholesale inflation higher than expected
Surplus could climb by $1 billion
Settlements have been reached with all but one of the defendants in a lawsuit over the collapse of Manitoba’s Crocus Investment Fund.A Court of Queen’s Bench judge has been told that the fund’s former directors and officers, its auditors, the Manitoba Securities Commission and the Manitoba government have agreed to pay a total of $12 […]
Q3 earnings drop 37.7%
O’Brien to lead sales efforts from Halifax
Strong performance in real estate, infrastructure and private equity investments