Now That's Ironic

By Scott Ronalds

With the holidays around the corner, shopping is in the spotlight. It got me thinking …

We’re used to high price tags on the wet coast. We’ve got the most expensive housing market in Canada (if not the world, based on some measures). A bottle of wine typically costs more than in any other province (Tom insists, the world). Gas prices often rival the highest in the country. And high-priced yoga wear and lavish lattes fly off the shelf.

Yet, Vancouver is home to some of the lowest cost mutual funds in the country. Steadyhand, PH&N and Leith Wheeler are commonly recognized as low-fee leaders for active management (while also providing advice). Sky high real estate and low cost mutual funds makes for an interesting dichotomy. Must be something in the water.