Last week I turned the kitchen tap to HOT and all I received was lukewarm water. I’m certainly not the world’s greatest handyman (my wife would be laughing if she actually read this blog, she doesn’t), but I knew it was likely the hot water tank. Sure enough I went into the basement and discovered […]
Instead of helping typical investors ravaged by fees, the government plays gotcha on total returns for the rich.
This was budget week in Canada. And government finances certainly get most of the attention and most of the ink. But there were some investment issues that made it into Budget 2019. Not the larger societal issue of Canadians paying the highest mutual fund fees in the developed world combined with the standard and unscrupulous […]
Canadian Investors – The Regulators Do Not Have Your Back.
Dear Canadian Investors: you’re own your own. Or should I write ‘Poor” Canadian Investors? Those that regulate the Canadian Mutual Fund industry do not have your back. That’s been the case for many decades, so let’s just say that not much has changed. Canadians pay the highest mutual fund fees in the developed world according […]