- I wouldn’t count the blessings just yet but the days of 40% to 50% margins for the cellphone companies might be over. The Government has decided to reserve spectrum for “new entrants” in an upcoming auction, paving the way for more competition in wireless. That’s good news for Canadian consumers but not so much if you are a shareholder in Telus or Rogers.
- Sun columnist Linda Leatherdale offers tips for choosing a legitimate charity to qualify for the Charitable Tax Credit
- If you are buying a car in the U.S., you should be aware that some new models that do not meet new Transport Canada regulations are banned from entering Canada.
- Rob Carrick makes a shaky case that mutual funds held up better than the TSX Composite Index in the bear market. One datapoint of a few mutual funds outperforming one equity index in a narrow and shallow equity market doesn’t amount to any “evidence” that mutual funds are better than index funds in a bear market. Not to mention, there is little reason to believe anyone’s prognostication of a bear market.
- Pat McKeough, the publisher of The Successful Investor newsletter, tells Jon Chevreau that despite the scary headlines about the greenback, he is bullish on US equities.
Note: I’m a bit short on time this week, so the blog roundup will return next week. Meanwhile, if you’ve been procrastinating, don’t forget to enter the third blog anniversary giveaway which closes at 8 p.m. EST today.
