Economy

Consumer, investor confidence holds up

Consumer confidence remained steady for most of 2010 in Canada, according to the Harris/Decima-Investor’s Group Index of Canadian Consumer Confidence. The overall measure was steady for the last six months after reaching a post-recession high of 89.0 in February. It closed at 82.8 in November. “Nationally, this year has seen Canadian consumer confidence dip for […]

By Brooke Smith |December 29, 2010

2 min read

Economics of retirement in 2010

As we move toward the end of 2010, it’s worth reviewing what has changed – and what hasn’t – in the economics of retirement. We’ll do that by looking at the performance of the global economy and markets this year, investor perceptions of that performance and the ongoing public policy discussions around retirement income in Canada, as well as the impact that each of these factors might have on those who are saving and investing for retirement.

By Peter Drake |December 22, 2010

6 min read

Cheerful holiday forecast for the U.S. economy

UBS has issued a strong outlook for the U.S. economy, citing strong durable goods orders, growing income and an excellent spending forecast. While durable goods orders were weaker in November due to a drop in aircraft orders, a rebound is expected. Increases in income and consumption are also forecasted for November in light of the […]

By Staff |December 21, 2010

2 min read

Enhanced CPP option on the rocks

Federal Finance Minister Jim Flaherty appears set to discard the option of enhancing the Canada Pension Plan, heading into the meeting with his provincial counterparts in Kananaskis, Alberta. Last week Flaherty proposed a private sector solution to Canada’s future retirement funding crisis, which would allow workers without a pension plan to contribute to a pooled […]

By Steven Lamb |December 20, 2010

1 min read