Rockwater buys Yorkton’s private client business

(November 18, 2002) Rockwater Capital Corporation has reached a deal to acquire the private client business of Yorkton Securities Inc. for approximately $23 million. Yorkton’s private client business will operate under the banner of First Associates Investments, the investment dealer for Rockwater. Approximately 200 brokers work for Yorkton’s private client group. Rockwater, an independent investment […]

By Jim MacDonald |November 19, 2002

2 min read

Financial planning starting at a young age, survey finds.

(November 18, 2002) The vast majority of Canadian parents are emphasizing the importance of financial planning to their children, a survey released today suggests. Bank of Montreal’s second annual Registered Education Savings Plan poll reveals that 90% of parents with children between the ages of eight and 16 are teaching them financial planning skills. Those […]

By Doug Watt |November 19, 2002

2 min read

Investors down, investment income up in 2001: StatsCan

(November 15, 2002) The number of Canadians who reported investment income in 2001 dropped by roughly 500,000. Statistics Canada said about eight million Canadians reported receiving $32.8 billion in investment income last year. They represented 36% of tax filers. In 2000, about 8.5 million people received $32.6 billion in investment income, after adjustments for inflation. […]

By Jim MacDonald |November 19, 2002

2 min read

Prescription for health: Healthcare financial planning solutions for Canadians

(November 13, 2002) On September 17, word that the GST could increase to 10% made Canadians gasp in horror. The rumour was scoffed at by Prime Minister Jean Chretien in an effort to ease fears, even though it could have brought in an additional $9 billion a year — funds to pay for what is […]

By Sheila Avari |November 19, 2002

7 min read