Half a million dollars is simply not enough to get you a piece of residential property in Vancouver.THE CANADIAN PRESS/Darryl Dyck A half a million dollars bought half as much space in Toronto’s condominium market as in other Canadian cities in 2017. And in Vancouver, it bought nothing at all, with analysts unable to find…
On April 30, it will become mandatory for most residential landlords to use a 13-page standardized lease agreement TORONTO — Ontarians fed up with battling their landlord over contentious terms they didn’t realize were hidden in the fine print of their lease will soon be getting some reprieve. On April 30, it will become mandatory…
Photo: Rawpixel.com The Canadian Council of Insurance Regulators (CCIR) published a position paper Dec. 13 on segregated funds which outlines the regulators’ heightened expectations regarding cost disclosure. The regulators underline that with the implementation of CRM2 rules, mutual funds are subject to different disclosure rules than seg funds. “With the expectations outlined in the CCIR…
There’s never a dull day in real estate. Last year started off with a big nervous question: Will the Canadian housing market crash? In 2018, the new year started off with more of a sigh. Analysts across North America came out with various pronouncements of deceleration in activity and pricing, but the overwhelming consensus was…
Advisors are shifting to fee-based management but have not cut commissions completely. Many focus their practice on F-series funds for a high net worth clientele, and turn to other low cost solutions to serve small investors. Distribution networks are battling fiercely over the $4.1 trillion in Canadians’ financial assets at Dec. 31, 2016, statistics compiled…
There qualification rules about who can invest including having a net worth that tops $5 million Many Canadian investors are unhappy with their investment portfolio returns. Generational lows in interest rates combined with the Canadian resource-heavy market being one of the world’s worst performers during the past five years has made it challenging to produce…
By Jonathan Patner What will it take for the loonie to make a comeback? The Bank of Canada was the first central bank to turn in a more dovish direction this summer, and it continued to maintain a cautious tone following the year’s second interest rate hike in September. However, impressive employment numbers for the…
By Brian Chappatta This week is fraught with peril for Treasuries traders, no matter if they’re bulls or bears. The next five trading days will bring a torrent of market-moving information: President Donald Trump is poised to finally announce his nominee to lead the Federal Reserve; U.S. central bankers have an interest-rate decision to make;…
By Alex McKeen It comes as no surprise to Anna Agha that the condo she rents is part of a neighbourhood with one of the highest percentages of residents putting too large a portion of their income toward housing costs in the city. “It is quite expensive,” said the 31-year-old as she walked her baby…
By Joe Chidley Are things better than they seem, or worse? It’s an age-old question, maybe, but we don’t seem to be getting much better at agreeing on an answer. This is particularly clear when you consider stock markets. Let’s accept, for the moment, that they represent some kind of collective bet on the future:…
