Annuities Make Sense For Retirees

With the markets generally going higher over the last twenty years, a valuable financial planning tool that has all but been forgotten is the Life Annuity.
After the recent declines of the market, it is important that retirees maintain their cash flow without undue risk. Annuities can accomplish this as they are in simplicity a pension [...]

Bank of Canada May Be Right in Forecast

Bank of Canada Governor, Mark Carney, projected a difficult 2009 but surprised many in the media with his forecast of 4% growth in 2010.
With the media focusing on job losses and corporate profits falling. you wouldn’t think that their is any light at the end of the tunnel. Interest rates, however, are close to zero.
The [...]

Corporate Bond Spreads Improving

Canadian Corporate bond rates are coming down, prices are going up which could signal better times for the stock market in weeks to come.  With yields in excess of 8% on longer term maturities of investment grade companies, investors are finding them hard to ignore. Yields on these bonds were less than 5% a little over [...]

BioMS Gaining Traction

BioMS, an Edmonton, Alberta based biotech company working on a treatment for Multiple Sclerosis has seen its stock double from its lows of October 30th when the stock traded at $1.95. 
BioMS (T-MS), is nearing completion of phase 3 trials that it has been conducting in North America and Europe. The company was a spin off [...]