Flaherty prepares Canada for bad GDP data

 Times Colonist, Victoria, BC - The Bank of Canada had originally forecast a 2.3% fourth-quarter contraction. But private-sector economists have revised their estimates downward, calling for a drop ranging from 3.6% to 4.2%, based on among other things a big drop in December retail sales…

Flaherty prepares Canada for bad GDP data

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Home prices, sales expected to keep sliding, owners warned

 Globe and Mail - Canada - But looking out to 2010, he says the US and Canada could see higher bond yields and higher mortgage rates if investors currently seeking security and …

reportonbusiness.com: Home prices, sales expected to keep sliding, owners warned

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What the pros know

 Times Colonist, Victoria, BC - Bearing in mind there’s no cookie-cutter solution to meet everyone’s needs, the Financial Post asked three financial experts, all certified financial planners, how they’re weathering this financial hurricane, their investment approach and the strategies they’re adopting to safeguard and grow their retirement savings…

What the pros know

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Royal Bank profit slides, seeks more capital

 Times Colonist, Victoria, BC - RBC also unveiled fresh incentives for shareholders to reinvest dividends in the bank, offering a 3% discount for shareholders who wish to take their dividend payments as stock, as well as announcing it was seeking $200-million through yet another preferred equity issue…

Royal Bank profit slides, seeks more capital

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