SPOTLIGHT: Fund Givers, Takers and
More givers needed in the world of mutual funds
The mutual fund world has its givers and its takers. Givers
are fund companies that have controlled costs and fees to consume less of their returns
than they did a few years ago. The takers are fund companies that are helping
themselves to a bigger slice of the pie than ever. Several big players are part
of both groups. Rob Carrick names names.
Mutual fund firms mull consolidation
Another round of consolidation may be coming in
the mutual fund sector. ''There has to be fewer fund companies. I don't
think there is any doubt about that,'' says Bill Holland of CI Fund Management Inc.
Keith Damsell looks at some candidates for early merging.
FINANCIAL PLANNING: Can You Live Too
Don't outlive your money
Outliving your money is the ultimate retirement nightmare in these times of
fast-increasing life spans. It's not unreasonable to expect to spend 40 years in
the work force and then 25 or 30 years drawing on the money you accumulated in
your registered retirement savings plan. Rob Carrick asks, "Will you have
Employee loans creative benefit
If your employer is willing to lend you money, you could be better off than
borrowing from the bank. If it's for a home purchase, there's even better
news. Tim Cestnick adds it all up.
To buy or rent a burning question for freelancer
At the age of 43, Montreal freelance artist Maria Ellsworth
(not her real name) wants to buy a house. There's a problem, however,
because her annual net income, $34,320, is based on fluctuating contract
work. Andrew Allentuck explores her options.
THE BIG PICTURE: Jobs and Profits
Canada's big cities are racking up big job growth, too
cities have become the key drivers of job growth in the past decade. After
losing ground in the late 1980s and early 1990s, the country's six biggest
urban areas have racked up
a 30-per-cent increase in total employment, double the advance for smaller
cities, towns and rural areas. Bruce Little looks at the implications.
The corporate profits party is raging -- but not for long
The second-quarter profit parade has only just begun, but
already it looks as though U.S. corporations have turned in another
blockbuster, expecting a rise of 24 per cent from last year. But can it
last? Mathew Ingram investigates.