Consensus is building among Canadian business leaders that inflation will average above three per cent over the next two years, according to a new survey from the Bank of Canada. The survey, which polled business leaders in the final quarter of 2021, found two-thirds (67 per cent) of respondents anticipated that inflation will stay above […]
While Canadians are prioritizing saving as they continue to navigate the challenges of the global coronavirus pandemic amid expectations of rising inflation in the coming year, just over two-thirds (64 per cent) know the difference between a registered retirement savings plan and a tax-free savings account, according to a new survey by the Bank of […]
Nearly half (47 per cent) of Canadians said that financial wellness means living without financial stress, according to a new survey by the Canadian Imperial Bank of Commerce. It found 28 per cent of respondents also used financial wellness as a top descriptor for overall wellness and 41 per cent said financial wellness comes from being […]
Investors should expect the unexpected in 2022, according to George Athanassakos, professor of finance and the Ben Graham chair in value investing at Western University’s Ivey School of Business. “2022 is likely to be filled with hidden hazards, both known unknowns and unknown unknowns,” he wrote in an email to the Canadian Investment Review. This […]
With Benefits Canada‘s companion publication the Canadian Investment Review integrating into BenefitsCanada.com in early 2021, many of the top investment stories of the year include CIR content, alongside stories from the print magazine and other investment trend stories. 2021 Top 100 Pension Funds Report: DB plans shining bright amid pandemic clouds Expert panel: When the […]
As has been the case for the past couple of years, we’re ending 2021 with as many questions as answers. On the surface, economic conditions seem to be improving, at least in Canada. National unemployment dropped to six per cent in November, the economy began to grow again after some coronavirus pandemic restrictions eased and […]
Wall Street stocks are rising after three days of losses brought on by worries over the spread of the omicron variant and lingering concerns about rising inflation. On Tuesday, the S&P 500 index rose 1.5 per cent as of 1:10 p.m. Eastern. The Nasdaq rose 1.7 per cent. Both indexes were boosted by solid gains […]
“Inflation is here and it has a meaningful impact on portfolios and financial assets,” said Ilan Kolet, an institutional portfolio manager at Fidelity Investments Inc., during a session at the Canadian Investment Review‘s 2021 Investment Innovation Conference. “I don’t think this will be a shock to anyone in the room or online.” Highlighting the most […]
While it’s easy to get into the weeds of inflation in the current economic environment, the fundamental question for DC plan sponsors and their members is its impact on a traditional 60/40 multi-asset class investment portfolio. “In normal times, that diversification benefit that we know and love in a multi-asset class portfolio, where stocks do […]
Central bankers in developed economies are downplaying the risk of long-term inflation rises, according to a new paper by the Fraser Institute. “Absent a sharp reversal of central bank programs of quantitative easing, forecasts that inflation will return to the two per cent target rate of central banks by mid-2022 at the latest are likely […]