FCAN News and Press, FIRST TR EXCH ALPH From 10/05/20

Macro forces continue to have the upper hand amid the worst global recession since the 1930s. Over the last 13 years, the risk tolerance and time horizons of aging asset owners have come in significantly. The art of this is to stay defensive, calm and prepared to buy income yieldi...

During the next 12 years, the level of debt to GDP fell from 100% to 67%. The COVID-19 pandemic has once again forced the federal government to prop up the economy, but this time, the amounts involved dwarf those spent twelve years earlier. Governments, by nature, think about toda...

Canadians have accumulated significant wealth over the last decade. Canadian consumer credit declined in Q2. Canadian savings rate surges to 28% in Q2. For further details see: Canadian Households: Managing Financial Health In Challenging Times

Before we bank on housing 'optimism,' it's important to appreciate that positive sentiment readings rise and fall in lockstep with the price. Realtors are reporting that city dwellers are moving out of condos and many are looking for less urban areas with more green space between neig...

First Trust Canada AlphaDEX® Fund (FCAN) declares $0.0626/share quarterly dividend, -13.9% decrease from prior dividend of $0.0727.Forward yield 1.25%Payable Sept. 30; for shareholders of record Sept. 25; ex-div Sept. 24.See FCAN Dividend Scorecard, Yield Chart, & Dividend Growth. ...

First Trust Advisors L.P. (“FTA”) announced today that shareholders of First Trust Australia AlphaDEX ® Fund (NYSE Arca: FAUS), First Trust Canada AlphaDEX ® Fund (Nasdaq: FCAN), First Trust Hong Kong AlphaDEX ® Fund (Nasdaq: FHK), and First Trust South Korea A...

The employment picture in Canada continues to improve, recovering nearly two-thirds of the jobs lost in March and April so far. Kim Parlee talks with Beata Caranci, Chief Economist, TD Bank, about the sustainability of the economic recovery, and the outlook for the red-hot housing market....

While Canada's biggest banks saw lower profits for a second straight quarter due to economic fallout from the COVID-19 pandemic, there are signs of improvement. Kim Parlee speaks with Mario Mendonca, Managing Director, TD Securities, about whether bank stocks are poised to play catch-up. ...

The Bank of Canada reaffirmed its pledge to keep interest rates at historical lows, potentially for years to come. Anthony Okolie speaks with Scott Colbourne, Managing Director, TD Asset Management, about the implications of keeping rates lower for longer. Original Read more ...

The Bank of Canada keeps its target for the overnight rate at 0.25% and continues its quantitative easing program with large-scale asset purchases of at least C$5B per week of Canadian government bonds. More news on: iShares MSCI Canada ETF, Invesco CurrencyShares Canadian Dollar Trust E...