As Benjamin Franklin said, “in this world nothing can be said to be certain, except death and taxes.” Fortunately for some Canadian investors, the latter can be controlled. For those investing outside their registered plans, corporate class funds offer a tax efficient means of [Read more]
Recent data indicate that Canadians are saving more. Statistics Canada reports that the Household Savings Rate is currently 5.4%, a 0.4% increase from the previous year. Likewise, a recent BMO Bank of Montreal study found that 48% of Canadians are now investing in Tax-Free Savings Accounts [Read more]
Good investors understand the concept of diversification and its benefits in managing risk. However, although many do diversify with individual holdings, the majority fall short when diversifying from a global standpoint. That’s understandable as it’s natural to invest in what one [Read more]
Ontario Strengthening Economy, Economic Development in the North Ontario’s Northern Ontario Heritage Fund Corporation (NOHFC) is celebrating its 25th year of building strong, prosperous and sustainable northern communities by continuing to support a range of economic development projects. In [Read more]
The Township of Terrace Bay recently released its Economic Update which provides a snapshot of the local economy. The Terrace Bay economy has been growing significantly since the reopening of the local pulp mill in August 2012. The reopening of the mill has seen a drastic increase in hiring [Read more]
Since the 2008 financial crisis, active management has been a hot topic. Although many investors believe it to be the best approach for the current market environment, statistics don’t support that assumption. Standard & Poor’s S&P Indices Versus Active Funds (SPIVA) Scorecard found [Read more]
The $15 billion takeover of Nexen Inc., one of Canada’s largest oil & gas companies involved in the oil sands, by Chinese state-owned China National Offshore Oil Company (CNOOC) has been in the news a lot lately. Many in Canada’s corporate sector have rightly noted that Canada must [Read more]
COMMUNITY MEMBERS CELEBRATE OPENING OF THE REGIONAL EDUCATION ALLIANCE FOR COMMUNITY HEALTH (REACH) AT CONFEDERATION COLLEGE THUNDER BAY, ON — The Honourable Michael Gravelle, Minister of Northern Development, Mines and Forestry, MPP Thunder Bay-Superior North and Bill Mauro, MPP for Thunder Bay [Read more]
McGuinty Government Offering Investment Options That Help Build A Stronger Economy Ontario announced competitive interest rates for the 2010 issue of Ontario Savings Bonds (OSBs), which go on sale today until June 21, 2010. This year, the province is offering Ontarians two new investment terms of [Read more]
