Stock market

Canadians expect a happy financial 2013

Canadians are approaching the new year feeling positive about their current financial situation, shows a new CIBC poll. The study reveals 70% of those polled feel optimistic about their finances for 2013, an increase of 6% from a year ago. “Canadians are entering 2013 with a more positive outlook on their finances today, and with […]

By Staff |December 27, 2012

2 min read

Market Insights

TSX closes flat

The Toronto stock market closed little changed Thursday as traders continued to assess the chances of the United States going over the so-called “fiscal cliff.” A double-whammy of tax increases and spending cuts, which threaten to erode the already weak U.S. economy, is set to click in on Jan. 1. The S&P/TSX composite index added […]

December 27, 2012

3 min read

Industry

Russell 2013 Outlook: Positive but volatile investment climate

Internal threats to Canada’s economic growth are expected to play a greater role next year, adding to the headwinds from Europe, the U.S. and China, say experts at Russell Investments in the firm’s 2013 Annual Global Outlook. “We have already seen signs of moderation in some of the country’s biggest housing markets,” says Shailesh Kshatriya, […]

By Staff |December 12, 2012

3 min read