Issues Online
Feb  Mar  Apr  May
Search Tips

Narrow your search results by using '&' or 'AND' between keywords

Use quotes to search for phrases such headlines eg. "this is the headline"

Also try a Google search of our site

Restreignez et centralisez votre recherche en utilisant “&” ou “ET” entre les mots”

Utilisez les guillemets pour rechercher des expressions et titres précis, par exemple. "c'est le titre"

Utilisez aussi l’outil de recherche Google pour notre site.


Help Canadian businesses grow

(NC) Mutual funds make it possible for ordinary people with small amounts of capital to participate in a professionally managed, diversified investment plan – something that used to be available only to the wealthy.

From 1990 to today, the amount of money Canadians invested in mutual funds skyrocketed from $100 billion to around a trillion dollars. (With a trillion dollars, you could buy four million houses at $250,000 each.)

In addition to building your savings, mutual funds help Canadian businesses grow, which leads to new jobs and stronger communities.

The industry contributes significantly to Canada's employment for almost 200,000 Canadians. The Conference Board of Canada estimated that in 2012, the industry contributed $17 billion annually to Canada's GDP through direct and indirect activity. This is roughly equal to Canada's air transportation industry and higher than traditional industries such as retail gasoline stations and the forestry sector.

Word count: 145

Terms of Use

Articles are provided free of charge. Articles appearing on web sites, must credit Articles appearing in Print, must credit News Canada with (NC) at beginning of an article or – News Canada at the end. Any source/sponsor of the information quoted in the text must also be identified as presented. Images are only to be used with corresponding editorial copy. Usage of News Canada articles constitutes your acceptance of these terms and an agreement between you and News Canada.

Image Instructions - Note: Illegal to use without News Canada editorial.

To open/download image(s) used in this article, please click the following links:

Click here for image file: «80265H.jpg»