Economic News/Trends and Analysis — February 3, 2010
Deep freeze among Atlantic Canadian investors
91% of Atlantic Canadians failed to buy in 2009 despite market's recovery
In Franklin Templeton's latest survey of Canadian investor sentiment, conducted in January by Angus
Eighty-five per cent of Atlantic Canadians surveyed were unaware of the dramatic gains recorded by the S&P/TSX Composite Index, the country's leading stock index. The S&P/TSX Composite Index was up 30.7 per cent in value last year, its best annual return since 1979.
"Atlantic Canadians were in a cautious mood last year with only nine per cent making new investments," said
Despite the market's recovery and an improving Canadian economy, the survey found a dramatic increase in investor skepticism among Atlantic Canadians. Thirty-eight per cent of respondents describe their current investment personality as either "suspicious" or "timid," up fourteen points from
"Across Atlantic
Franklin Templeton's investment experts are currently touring
About the survey:
On
About
Franklin Resources, Inc. (NYSE:BEN), is a global investment management organization operating as
For further information: Media contacts: Sarah Kingdon, Franklin Templeton Investments Corp., (416) 957-6191; Debra Chan, Argyle Communications, (416) 968-7311 ext. 229
Latest Industry Press Releases
Updated 8:01 MST, March 12, 2010 
Construction/Building
The Churchill Corporation Reports 2009 Financial Results (2010-03-12)
The Ultimate Design Tool for Segmental Retaining Walls Now Available From Allan Block(R) -- AB Walls 10 (2010-03-11)
NorthGrid Solar Inc. opens regional offices in Ottawa and Sault Ste. Marie (2010-03-11)
Media Advisory: Social Housing Renovation Announcement (2010-03-11)
Kids Crooked House Partners with Kinder Canada in Playhouse Giveaway (2010-03-11)
SNC-Lavalin refutes misinformation published on federal building contracts (2010-03-11)
Waterfront Toronto unveils Underpass Park: A visionary design for a unique public park in the West Don Lands (2010-03-10)
SNC-Lavalin awarded contract for the Junin 2 Block in Venezuela (2010-03-10)
Public Storage Canadian Properties Announces Fourth Quarter 2009 Operating Results (2010-03-10)
Ritchie Bros. moves Lower Mainland auction site to expanded location in Chilliwack, B.C. (2010-03-09)
Tarion unveils best of the new home building industry (2010-03-09)
Royal Laser Provides Update on Strategic Review Process (2010-03-09)
CMHC: Quebec Housing Starts in February (2010-03-08)
BasicGov Systems, Inc. Reports Settlement with Harris Corporation (2010-03-08)
Media Advisory - Waterfront Toronto Unveils Design For Underpass Park - First Park of Its Kind to be Built in Toronto (2010-03-08)
SNC-Lavalin awarded contract for fertilizer plant in South Africa (2010-03-08)
SCHL : Mises en chantier au Québec en février (2010-03-08)
Canada Mortgage and Housing Corporation: Toronto Housing Starts Bounce Back (2010-03-08)
Empire Industries Ltd. Successfully Closes $17.5 Million Refinancing (2010-03-08)
International and local bidders compete for 1,800 equipment items in Toronto public auction (2010-03-08)
Black Diamond Group Limited to Announce Year End and Fourth Quarter 2009 Results (2010-03-05)
SNC-Lavalin announces fourth quarter and year-end results for 2009 (2010-03-05)
Churchill Announces Year-End Financial Results Conference Call and Webcast Notification (2010-03-05)
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