1. The Bank of Canada decided this week to keep interest rates steady until the end of the second quarter of 2010. In contrast to widespread opinion that inflation will be higher, the Bank notes that “the overall risks to its inflation projection [ed: 2 percent in the third quarter of 2011] are tilted slightly to the downside”.
  2. MoneySense writer Dan Bortolotti grew tired of active management and became a couch potato investor. Now, he is hoping more Canadians will follow his lead and become couch potatoes with the help of information available on the brand-new Canadian Couch Potato Blog.
  3. Canadian Money Forum members share where they are investing their money these days.
  4. You know it is RRSP season when banks and mutual fund companies come out with a dizzying number of polls, surveys and studies. Jon Chevreau has been covering these surveys on the Wealthy Boomer blog. I found the survey by Franklin Templeton that many Canadians are blissfully unaware of a market rally to be interesting.
  5. Frugal Trader explains the process involved in claiming extended warranty with your credit card.
  6. Invest in a RRSP or in a taxable account? Michael James shows that the ability to defer taxes confers a significant advantage to saving inside a RRSP.
  7. Canadian Personal Finance Blog reminds us that you can calculate how much a person makes based on when their EI and CPP deductions end.
  8. Mr. Cheap and Mike had a friendly wager on a low capital, high labour strategy of becoming a general contractor for your principle residence.
  9. Preet pointed out that a new paper is challenging the Fama-French Three Factor Model.
  10. Chaya Cooperberg writes that wealth managers are gearing up to meet the investment needs of high net worth households (those that have $500,000 to $1 million in investible assets).

I’m unable to highlight all the articles worth checking out in my weekly round up but you can check them out through my Twitter feed. Hope everyone had a great weekend!

This article has 12 comments

  1. Thanks for the mention, CC. Hope readers will enjoy my new blog.

  2. Thanks for the mention. For some reason, most predictions about inflation are that it will go up in the near future, and most predictions about the Canadian dollar are that it is nearly sure to go up. I’m not sure if this is a form of cheer-leading or what. In any case, it’s good that the Bank of Canada sees no tendency for inflation to rise.

  3. Thanks for the mention! Couch potato? I am more like the lint under the pillows on a couch….

    Have a great weekend

  4. FYI, Canadian Couch Potato is completely unrelated to the Potato.

  5. Gotta love the way the markets are dipping when the investment firms/banks are trying to get investors to put their money into RRSPs and the like… LOL… irony at its best.

  6. @Doctor Stock. This market dip is being pegged on Obama’s crusade against the big US banks. I’ve been expecting a broad market tumble when the stimulus money eventually stops juicing the market. But this was something totally unexpected for me – it’s like an artificial popping of the market bubble.

    • Canadian Capitalist

      @Phil: I have some cash to deploy if this market slide continues but as of now, the markets are just 5% or so off the peak. I do hope stocks take a tumble and more buying opportunities emerge…

  7. Great roundup as usual CC, thanks for including my article.

  8. CC – personally I still use/like ufile, but if I had the chance to get QuickTax for free I’d definitely try it. I hope I win. 🙂

  9. @CC: Yeah, I don’t think this is the “big one”, so to speak. In my own opinion, the markets are currently propped up by the trillions of dollars of stimulus money being poured into the markets by governments around the world. Even the world’s biggest economies cannot run massive budget deficits forever.

    When everybody the world over finally sobers up from the free money drinking binge and realize that they have to tighten up the purse strings by dramatically raising taxes and interest rates… That’s when we’ll see the market tumble that we were SUPPOSED to see last year. Of course, if they don’t sober up, they could go bust a la Iceland. Can I guess when that’s going to happen? No, of course not. But I think that’s how this is all going to play out.

  10. A late thanks for the link!

  11. LOL @ You know it is RRSP season when banks and mutual fund companies come out with a dizzying number of polls, surveys and studies. On another note, it seems that every time I look at various rates, they’re all increasing at a faster rate than inflation. I’m not sure what the futures holds for our great country but it doesn’t exactly sound like a sustainable economy. To think, we have one of the best in the world. Very interesting site. I’ll be sure to bookmark it.