China’s economic growth dips to 6-year low but consumer spending helps avert deeper downturn + MORE Oct 19th

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Regulators fiddle while investors burn over fund fees at discount brokers + MORE Mar 3rd

Adviser commissions are still charged on many mutual funds despite 2017 report that found them unwarranted .... More »

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With the national average home price up a record 18.5% in August 2020 compared to the same time last year, more Canadians than ever have a significant portion of their wealth tied up in their homes. Who are these “house rich” homeowners? They range widely—from retirees on a fixed income, to ba.... More »

Making sense of the markets this week: December 15, 2024 Dec 13th

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Stock options to be taxed more like regular income under new federal budget + MORE Mar 20th

Executives at big established companies who get paid with large stock grants will owe more in tax under changes promised in the new federal budget..... More »
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“Cash flow is oxygen”: Financial wisdom from SmartSweets founder Tara Bosch + MORE Feb 27th

Tara Bosch didn’t just build a candy company, she built a global brand with purpose. The founder of SmartSweets challenged the status quo, scaling the business from her kitchen to international shelves, appearing on Dragons’ Den, and then selling it in 2020 for $360 million—all before the age .... More »
Brett Farren, chief executive officer of Match Marketing Group, believes you should always pick an adviser who answers the phone

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TD, Canada’s biggest lender by assets, started the process by hiring Boston Consulting Group to examine ways to drive efficiencies, according to two sources familiar with the matter

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The bank is splitting its investment bank in two and parting ways with some of its top bankers as the new chief executive of Germany’s biggest bank sets out its most “fundamental” overhaul

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After moving into the safety of bonds ahead of the recent stock market tumble, the asset management arm of Toronto-Dominion Bank is presciently making another contrarian bet: high-yield bonds

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BEIJING, China – China’s economy decelerated in the latest quarter but stronger spending by consumers who are emerging as an important pillar of growth helped to avert a deeper downturn.
The world’s second-largest economy grew by 6.9 per cent in the three months ended in September, the slowest since early 2009 in the aftermath of the global financial crisis, data showed Monday. That was down from the previous quarter’s 7 per cent.
Weakening trade and manufacturing have fueled concern about possible job losses and unrest. The communist government has cut interest rates five times since last November in an effort to shore up growth.
The latest data highlight the two-speed nature of China’s economy in the midst of a marathon effort by the Communist Party to nurture self-sustaining growth based on domestic consumption and reduce reliance on trade and investment. Manufacturers are shrinking and shedding millions of jobs while consumer-oriented businesses expand…

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