Effective November 1, 2013, Dundee Bank of Canada, a Schedule I bank and wholly owned subsidiary of The Bank of Nova Scotia (“Scotiabank”), will change its name to “Hollis Canadian Bank”. The name Hollis Canadian Bank recognizes Scotiabank’s historic head office building, constructed in 1837, at 188 Hollis Street in Halifax, Nova Scotia. As part… Read more »
Author: Robin Muir
VPI Canadian Income Pool Changes
There have been some changes to the portfolio management team on VPI Canadian Income Pool. We think these changes will provide an excellent balance for the equity and bond positions in the pool. To read the press release please click here.
Buyer Beware
We continue to warn our clients that if things sound too good to be true, they probably are! Anytime there is an offer to pay an interest rate that is substantially higher than what a current 5 year GIC is paying, there has to be a “risk premium” that you need to be willing to… Read more »
Get More For Your Money
The following is courtesy Empire Life. As investors become more concerned about managing risk in their portfolios and protecting their principal – segregated funds, with their guarantees and unique estate planning features, are more in demand. Empire Life segregated funds can give you the growth potential of investment funds with the security of insurance guarantees. What is… Read more »
The Syrian Effect
The following commentary is courtesy of Cardinal Capital Management Inc., the sub-advisor for the VPI Canadian Equity Pool and the VPI Canadian Income Pool. The opinions, market outlook, and asset allocation strategies are those used in the design of the mutual funds they manage that we utilize in client portfolios. Syria continues to be embroiled… Read more »
A Costly Matter!
Courtesy Worldsource Financial Management If you are about to become a parent you will soon learn what other parents already know – that children are expensive! And, as is the case with boomerang kids, sometimes they are an expense that comes back. However, the expenses associated with our children are an expense that we can… Read more »
Of Tantrum & Policy
Courtesy Worldsource Financial Management Over the past few years, we have adopted many new words and phrases, introduced to us by policy makers, economists and the media including, “European Debt Crisis”, “Debt Ceiling”, “Fiscal Cliff”, “Sequester”, and finally “Tapering”. These are all economic and political events that have served to shape and constrain the landscape… Read more »
Risk Control – Making Bad News Good News
The following commentary is courtesy of Cardinal Capital Management Inc., the sub-advisor for the VPI Canadian Equity Pool and the VPI Canadian Income Pool. The opinions, market outlook, and asset allocation strategies are those used in the design of the mutual funds they manage that we utilize in client portfolios. From reading our regular Newsletters,… Read more »
Paying for tuition? Start saving now
From The Globe and Mail With four kids to put through postsecondary school over the next decade, Don Zadravec and his wife Mary Stambulic have spent a lot of time thinking about how to pay for it. Ever since their first child was born in 1995, followed by the second child two years later and… Read more »
Seniors can protect themselves against get-rich-quick fraud artists
The following post is courtesy Brian Kieran at www.betterthan50.com by Brian Kieran If a retirement investment looks too good to be legitimate, it probably isn’t. It’s as simple as that, but hundreds of Victoria area investors – mostly seniors who could ill afford to be wiped out – ignored this truism between 2007 and 2010 and… Read more »