Cash reserves held by Canadians have risen significantly since the global financial crisis. Earlier this year, CIBC World Markets reported that Canadians currently hold $75 billion in cash. That’s almost 10 per cent of the total value of overall personal liquid assets in Canada. CIBC also [Read more]
The independent research and consultancy firm ETFGI confirms 2015 was another banner year for the global ETFs/ETPs industry, with US$372.0 billion in net new assets – a 10% increase over the 2014 record of US$338.3 billion. Global assets under management grew from US$2.784 trillion to US$2.992 [Read more]
According to Investor Economics, one million U.S. citizens living in Canada have $30 billion invested in mutual fund industry assets. Meanwhile, TD Economics reports that over 500,000 Canadians spend significant periods of time in the United States. While the former likely know their U.S. tax [Read more]
A study by BMO Global Asset Management found that one quarter of already-retired Canadians are surprised to find their savings are not as sufficient as they thought. A key factor is that people are living longer. Statistics Canada says the average Canadian male will live 84 years and females 87 [Read more]
Wise investors have dividend-paying investments in their portfolios and, if they don’t require the income, are even wiser to consider dividend reinvestment plans (DRIPs). Instead of delivering cash payouts, DRIPs reinvest the money to purchase additional shares. There are many advantages. To [Read more]
As Canadian investors contemplate tax season, they think about efficiency. Do I pay too much in taxes? How can I minimize them? One answer comes in the form of flow-through shares, which provide a legitimate tax-assisted investment vehicle to save or defer taxes. Flow-through shares are a [Read more]
