It’s all in the timing

It’s simple math: in percentage terms, fixed drawdowns take an increasingly large bite out of a diminishing portfolio. And if returns fall short for several years, the portfolio shrinks further and creates a vicious circle. . . . The first seven years of retirement are when the risks are particularly high, said Schulich School of Business Professor Moshe Milevsky in MoneySense June 17. “Once those first seven years are over you can breathe a sigh of relief.” Read full story.

Schulich launches course in ethnic marketing
In response to “substantial change” in the nation’s ethnic demographics, York University’s Schulich Education Centre is offering what it says is the only national course focused specifically on Canada’s multicultural consumer, reported Marketing magazine June 17. Read full story.

Etobicoke Centre MPP-elect Yvan Baker to focus on job creation, health care for seniors
For rookie MPP-elect Yvan Baker, a part-time instructor at York University’s Schulich School of Business, last week’s surprise Liberal majority win at the polls means a full, four-year mandate to deliver for his new constituents in Etobicoke Centre, reported the Etobicoke Guardian July 17. Read full story.

York U president gets McMaster honorary degree
York University President Mamdouh Shoukri was given a doctor of science honorary degree from McMaster University on June 11, reported the North York Mirror June 17. Read full story.

More animal abuse fallout
In a television interview on June 17, Schulich School of Business Professor Dirk Matten told CTV News he thinks it’s a smart idea that Saputo is cutting ties with milk producer Cilliwack Cattle Sales. Watch full video.