An Ontario Securities Commission (OSC) hearing panel has approved a settlement with Toronto-based Royal Mutual Funds Inc., in which the mutual fund dealer will pay more than $1 million to settle allegations that it contravened the mutual fund sales practices rule by paying reps higher commissions to sell its proprietary funds, the OSC announced on… Read more »
April 2018 VPI Canadian Equity Pool – Growth Through Business Ownership To read the complete newsletter click here
Federal Reserve officials left interest rates unchanged, acknowledging inflation is close to target without indicating any intention to veer from their gradual path of interest-rate increases. To read the entire article click here.
March 2018 VPI Canadian Equity Pool – Growth Through Business Ownership To read the complete newsletter click here
If you are trying to understand the Bitcoin and block chain “noise” this article might help to clear up some of the confusion on the subject. To read an update on the budget click here.
As you are probably aware, we have had a significant shift in market sentiment over the last couple weeks. In particular, yesterday saw over an 1,100 point decline in the US markets on the DOW. We thought we would send out a note to help provide some insight to clients who may be questioning what… Read more »
December 2017 VPI Canadian Equity Pool – Growth Through Business Ownership To read the complete newsletter click here
The more global the economy becomes, the more events far from home can affect the companies in the VPI Portfolios. Here are two stories about how U.S. President Donald Trump – specifically with his newly-passed tax cuts and hard line stance on NAFTA negotiations – is having an impact on the VPI Canadian Equity Pool…. Read more »
The Bank of Canada has decided to keep its benchmark lending rate steady at one percent, pausing after two small hikes earlier this year. To read an update on the budget click here.
The bank of Canada indicated it’s in no rush to cool an economy that is very close to running up against capacity constraints, citing a long list of worries ranging from gains in the Canadian dollar to risks associated with growing protectionism in the US. To read the entire article click here.