Job market

Help clients become debt-free faster

Debt is an ongoing issue, and one that’s not restricted to any age group. A recent CIBC poll found 59% of retirees are in debt. Read: Too many boomers retire with debt Meanwhile, one-third of students are feeling anxious about their finances, says TD. And it’s no wonder. The average debt of a university student […]

By Staff |August 23, 2012

2 min read

Economic Indicators

Canadians lose jobs in July

After several months of modest gains, there were 30,000 fewer jobs in July, reports Statistics Canada. However, the news isn’t all bad. Despite the national job loss, there was still some growth—particularly within fulltime employment. “Yes, the unemployment rate is up a tenth of a point to 7.3% in July, but fulltime employment has actually […]

By Staff |August 16, 2012

1 min read

Industry

High paying jobs drive growth: CIBC

There were 155,000 new jobs in Canada in the first half of 2012. And the majority of these positions were high paying, finds CIBC. The number of full-time paid employees in petroleum and coal manufacturing, oil and gas extraction, heavy and civil engineering construction and transportation equipment manufacturing increased 1.6%, says Benjamin Tal, deputy chief […]

By Staff |July 12, 2012

2 min read

Industry

Do you work for love or money?

Most Canadians (82%) work to make a living, but will choose job security over a higher paycheque, says Randstad Canada. Additionally, three out of ten Canadian employees would quit their job if there was no further scope for personal development. Read: Roundtable: Juggling work and life When it comes to pay, two thirds (66%) of […]

By Staff |June 26, 2012

2 min read

The hottest Canadian labour sectors are…

Do you have any engineers or construction workers as clients? If so, tell them they can count themselves as lucky; even as employment rates have slowed in Canada—stalling in May after two months of gains—these two sectors were voted “most likely to succeed” and “most popular” by Canadians. So, while they may be worried about […]

June 12, 2012

2 min read

Get the most for your laid-off clients

When a client’s job security is on shaky ground, an advisor has to be prepared. This means helping their client get the best possible severance package and making sure they have enough money to safely tread water while searching for a new job.

By Jonathan Linds |September 14, 2011

4 min read

P.M. market numbers for January 21, 2010

The Toronto stock market tumbled Thursday over another round of concerns about tightening credit in China and proposals to impose tougher regulations on U.S. banks. "We’ve run a big rally here," said Sid Mokhtari, market technician at CIBC World Markets. "We shouldn’t be panicking by any means. It’s more of a backing and filling (by […]

By Staff |January 21, 2010

4 min read

Briefly:

The Financial Planning Standards Council (FPSC) has received ISO 17024 accreditation by the Standards Council of Canada for its role as the credentialing organization for the CFP certification program in Canada. ISO 17024 is the standard for certifying bodies, and the FPSC is one of only five groups in Canada to have earned this accreditation […]

By Staff |January 21, 2010

2 min read

Make way for the working retiree

People nearing retirement are in for busy times, but it won't just be making exotic travel plans or sinking holes-in-one. Instead, some will be re-entering the workplace, either full-time or part-time, and even reclaiming their old offices.

3 min read