The lowdown on real estate

Article Abstract:

Analysts expect the Canadian residential real estate market to remain relatively flat in the near term, so home buyers should not expect housing prices to rise as fast the general rate of inflation in Canada through 1997. Low mortgage rates could make housing more affordable to first-time buyers.

Canada, Housing, Real estate industry, House buying, Home buying

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Stocking up on a budget: cut-rate brokers are making it easier and cheaper than ever to buy shares

Article Abstract:

An increasing number of Canadian investors are using discount brokers to execute their trading orders. The discount brokers do not offer advice, but charge as little as 1/5 what conventional brokers charge. Green Line is one of the biggest Canadian discounters, with 60%-70% of the market.

Management, Services, Portfolio management, Investments, Securities industry, Market share, Discount brokers

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Playing in the big leagues

Article Abstract:

A wave of mergers is underway in Canada's mutual fund industry in the mid-1990s. In Dec 1995, AGF Management Ltd. acquired 20/20 Financial, and Spectrum United Mutual Funds was created out of the summer 1995 merger between Spectrum Bullock Financial Services and United Financial Services.

Mergers, acquisitions and divestments, Financial services industry, Financial services, Mutual funds

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