I came across some investment commentary today from Fred Sturm, chief investment strategist for Mackenzie Financial Corporation (Canada’s largest mutual fund complex, I believe). Sturm is a seasoned pro who has been on the MacKenzie investment team since 1981, and has a reputation as one of Canada’s leading investors in natural ...

“Despite their fantastic recent growth record, investors need to be very cautious about emerging markets,” says chief investment officer Eric Bushell in CI Funds’ latest Perspective Online. Their growth momentum is posed to decelerate due to high commodity prices and slippage in export growth as developed economies slow down.

While the position of Canadian banks is improving vis a vis U.S. banks due to the financial crisis (as argued in my previous post), it would be not be entirely accurate to attribute the improvement solely to the more conservative practices of Canadian banks. Their balance sheets and capital ratios ...