News and resources for Canada's top financial advisors
Est. 1998
Economic Indicators
Impeding regulatory changes are forcing European Banks to drastically reduce their exposure to real estate loans. Read: Fitch downgrades 18 banks New rules, which will increase the amount of capital banks are required to hold against commercial property loans, triggered a deleveraging process that could lead to lenders shedding €20 billion ($25.5 billion) worth of […]
By Staff |September 24, 2012
1 min read
Industry
More than half of Canadians say they’re on track to pay off debt in 2012, finds an ING DIRECT survey. Only 23% say they’re nowhere near paying off credit cards and loans. Read: Help clients become debt-free faster Also, 62% say they save money on an annual basis, and 78% save at least $1,000 each […]
By Staff |September 12, 2012
Large U.S .corporations are beating the path to Chinese banks in a bid to secure additional funding sources. In an arrangement that works both ways, U.S. multinational companies are seeking to increase their presence in the world’s second-largest economy, which in turn provides opportunities for Chinese banks to strengthen their clout with large multinationals and […]
By Staff |August 29, 2012
Unitholders have okayed GrowthWorks Canadian Fund’s redemption management plan (RMP). But the Toronto-based fund is still waiting to see if regulators will follow suit.
By Renée Alexander |July 25, 2012
4 min read
Tax News
For the 14th consecutive quarter, the prescribed rate on spousal loans is staying at 1%.
July 17, 2012
3 min read
B2B Trust has signed an agreement with Sentry Investments for the distribution of investment and RRSP loans, with B2B Trust offering preferred rates to Canadian investors buying Sentry mutual funds.
By Staff |December 15, 2010
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