i think if you just want to get stable return for your investment. you should make a diversified portfolio. it may have another 50-75 base point cut in CANADA. keep cash in Bond fund is good choice. but remember the interest won' go O in CANADA. and US. US needs a powerful Dollar to support its bond and stock market. if the rate are too low. the money in fixed income will move to Europe. this is a disaster for US market. But European market is boring. SO i think you could keep some cash in Saving accout in ING. 3% interest rate. good return now. then after half year reinvest in stock market.