The Trump impeachment begins Published by Hilliard MacBeth on Dec 20, 2019 President Donald J. Trump, 45th head of state, is now the third President since 1776 to be impeached by the House of Representatives of the United States. The next step is a trial to be held in the U.S. Senate, and a vote that will determine acquittal... Read more
A comfortable retirement is not guaranteed Published by Hilliard MacBeth on Dec 13, 2019 The era of a comfortable retirement funded by defined benefit pension plans is fading rapidly from the scene in North America. Companies and governments offering defined benefit plans are struggling to fund their obligations. Some have even reduced payments... Read more
Canadian banks still face headwinds Published by Hilliard MacBeth on Dec 06, 2019 Canadian banks face stiff headwinds next year. They will have to deal with increasing loan losses, weak capital markets and slow retail lending. This is the start of a period of elevated risk, as the credit cycle turns. Should investors reconsider their... Read more