Currency’s made headlines for the last decade with the spectacular rise and fall of the Canadian dollar. Once lowly, the loonie has, in recent years, hit and then briefly exceeded parity with the U.S. dollar. Good times for Canada’s cross-border shoppers. But, depending on whom you talk to, the rise and fall of the dollar […]
Over the next decade, 3.5 million people will reach retirement age — the biggest increase in that cohort in Canadian history. And that means trouble for the economy. That retirement wave comprises “nearly 1,000 [people] per day, every day, for 10 years,” says Jeff Waldman, head of Global Fixed Income and managing director at CIBC […]
The Canadian economy will continue to underperform over the next year, relative to the U.S. and on a global scale. That’s due to our high level of consumer debt, and to weak oil prices and exports, says Luc de la Durantaye, managing director of asset allocation and currency management at CIBC Asset Management. He manages […]
The New York Fed’s president has cast doubt over whether the U.S. will raise rates in September.
On Wednesday, the Bank of Canada lowered its target for the overnight rate to 0.5%. In the past few weeks, economists were split on whether the BoC would make this move despite the obvious weakness in both the domestic and global economy, says Darcy Briggs, portfolio manager with Franklin Bissett Investment Management.
Investors have turned to bonds to provide income, liquidity, stability and diversification.
Here's a review of people on the move in March 2015.
Fixed income is ready to play a new part in Canadian pension portfolios
Here's a review of the people on the move in January 2015.
Morningstar Research has announced the winners of the 2014 Morningstar Awards.