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INSURANCE NEWS -
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Debate on economy is money in bank for Obama - Globe and Mail
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As of: 2008-10-08
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Debate on economy is money in bank for Obama- Globe and Mail, Canada - 13 hours ago- ... economic crisis was the deregulation of the financial-services sector, championed by Mr. McCain, which led to abuses by banks and insurance companies. ... -
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Banks cut interest rates half as much as Bank of Canada seeks - CBC.ca
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As of: 2008-10-08
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Banks cut interest rates half as much as Bank of Canada seeks- CBC.ca, Canada - 11 minutes ago- Canada's central bank moved Wednesday to cut short-term interest rates by half a percentage point, but Canadian banks are cutting rates only half that much. ... -
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Canada banks go for smaller cuts to prime rates - Reuters Canada
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As of: 2008-10-08
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Canada.com- Canada banks go for smaller cuts to prime rates- Reuters Canada, Canada - 45 minutes ago- By Lynne Olver TORONTO (Reuters) - Canadian banks will pass along only part of a central bank rate cut to borrowers, with Toronto-Dominion Bank being the ...- Major central banks slash rates in extraordinary move to ease crisis Globe and Mail- Central banks will need to cut rates further: Scotia National Post- Consumers shortchanged on rate cut Financial Post- ReportonBusiness.com - Globe and Mailall 234 news articles -
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Central banks, Alcoa, Gold, Research in Motion ? Vialoux - National Post
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As of: 2008-10-08
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New York Daily News- Central banks, Alcoa, Gold, Research in Motion ? Vialoux- National Post, Canada - 6 hours ago- US equity index futures initially moved higher this morning on news of coordinated central bank action, but were unable to sustain the gain. ...- Bank of Canada, global counterparts, cut interest rate Canada.com- Fed trolls Canada to rescue US banks Financial Post- Banks trim prime but lag BoC cut Business News Network- CEP News - News1130all 1,873 news articles -
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New Democrats want more bank oversight - Reuters Canada
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As of: 2008-10-08
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New Democrats want more bank oversight- Reuters Canada, Canada - 3 hours ago- "We will re-regulate the banks and we'll make sure no one is gambling with your savings." he said. "We are going to invest in the real economy, ...- PM considers plan to 'stabilize' banks National Post- Bank economists predict: 'worse than a recession' CTV.ca- Tories offer 'no hope' for future London Free Press- Northern Daily News - The Gazette (Montreal)all 1,722 news articles -
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BoC among central banks to cut interest rates - CTV.ca
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As of: 2008-10-08
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CTV.ca- BoC among central banks to cut interest rates- CTV.ca, Canada - 6 hours ago- The Central Bank of Canada has slashed its key lending rate by half a percentage point to 2.5 per cent as part of co-ordinated international efforts to ...- Recession fears rattle markets The Gazette (Montreal)- all 4 news articles -
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Britain bolsters banks - Globe and Mail
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As of: 2008-10-08
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CTV.ca- Britain bolsters banks- Globe and Mail, Canada - 11 hours ago- WASHINGTON and LONDON ? Britain has become the latest country forced into a humbling bank bailout as the global financial contagion continues to resist ...- British government steps in to nationalize banks CTV.ca- UK government announces plan to partly nationalize eight major banks CanadianBusiness.com- British financial leaders in talks after bank shares skid CanadianBusiness.com- all 410 news articles -
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Market rescue falling short - National Post
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As of: 2008-10-08
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Telegraph.co.uk- Market rescue falling short- National Post, Canada - 12 hours ago- Banks aren't willing to lend to other banks simply because they don't know what assets the other banks are holding and whether they're going to go bad. ...- Premarket: The day after Globe and Mail- Markets still struggling despite interest rate cuts 570 News- Stock market outlook tentatively positive after bleak Monday 680 News- Canada.com - Center for Research on Globalizationall 707 news articles -
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Markets down ? no, up ? as traders react to central bank moves - CBC.ca
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As of: 2008-10-08
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News1130- Markets down ? no, up ? as traders react to central bank moves- CBC.ca, Canada - 6 hours ago- North American stock markets opened sharply lower Wednesday but turned up in the first minutes of trading, perhaps taking heart from moves by central banks ...- Stocks retreat despite emergency rate cut by central banks CanadianBusiness.com- North American markets in freefall Business News Network- all 13 news articles -
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Central banks may need to do more - Globe and Mail
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As of: 2008-10-08
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Central banks may need to do more- Globe and Mail, Canada - 8 hours ago- Wednesday's widely-anticipated coordinated cut ? the Bank of Canada moved key rates down 50 basis point ? simply isn't enough therapy to fix a financial ... -
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IMF: Canada to lead as economy slows - Canoe.ca
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As of: 2008-10-08
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IMF: Canada to lead as economy slows- Canoe.ca, Canada - 2 hours ago- ... should help to stabilize markets but ?the process of balance-sheet repair will be long and arduous? and credit availability is likely to remain tight. ... -
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Feds cautioned Canadian banks: Flaherty - Newsdurhamregion.com
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As of: 2008-10-08
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Feds cautioned Canadian banks: Flaherty- Newsdurhamregion.com, Canada - 1 hour ago- Speaking to reporters in Toronto, Flaherty said the government began scrutinizing Canadian banks' capital rates following the onset of the credit crunch in ... -
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Travelers Acceptance announces funding facility for the Canadian ... - C...
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As of: 2008-10-08
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Travelers Acceptance announces funding facility for the Canadian ...- Canada NewsWire (press release), Canada - 3 hours ago- Nicholas Carter, Travelers Acceptance vice President of Credit and Risk Management said, "The Vacation Ownership industry is a great industry with a great ... -
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Scope expands for pre-diabetes study at VRH - Nova News Now
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As of: 2008-10-08
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Scope expands for pre-diabetes study at VRH- Nova News Now, Canada - 3 hours ago- Kendra Scallion, local facilitator of the pre-diabetes pilot project, said blood collection for the study was to wrap-up in October, but has been extended ... -
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Canadian bankruptcies decline in August - The Gazette (Montreal)
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As of: 2008-10-08
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Canadian bankruptcies decline in August- The Gazette (Montreal), Canada - 6 hours ago- OTTAWA - Total consumer and business bankruptcies fell 5.8 per cent in August from July but were up 1.8 per cent from a year earlier, the Office of the ... -
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High-profile visitors boost campaigns - Burnaby Now
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As of: 2008-10-08
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High-profile visitors boost campaigns- Burnaby Now, Canada - 12 hours ago- The Green party candidate for Burnaby-Douglas is one of three BC candidates who has declared personal bankruptcy, according to local media. ... -
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NHL Preview: League needs to stabilize before growth will be possible - ...
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As of: 2008-10-08
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NHL Preview: League needs to stabilize before growth will be possible- National Post, Canada - 5 hours ago- Here and there, various franchises veered towards bankruptcy and required a white knight, with plenty of gold. Last season, however, peace reigned. ... -
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Segregated funds: A cracked nest egg - CanadianBusiness.com
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As of: 2008-10-08
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Segregated funds: A cracked nest egg- CanadianBusiness.com, Canada - 43 minutes ago- Thanks to recent changes to the Bankruptcy and Insolvency Act, creditors can no longer get at any money you hold in your registered retirement savings plan ... -
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RBC reaches deal on auction rate securities - ReportonBusiness.com
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As of: 2008-10-08
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Reuters Canada- RBC reaches deal on auction rate securities- ReportonBusiness.com, Canada - 2 hours ago- ... the provisions of this settlement. The auction-rate securities market involved investors buying and selling instruments that resembled corporate debt, ...- Royal Bank buys back $850M in US auction rate securities in SEC ... KBS Radio- Bank of America & RBC settle over ARS Reuters Canada- Bank of America, RBC agree to buy back auction-rate securities in ... CanadianBusiness.com- Reuters Canadaall 278 news articles -
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A deal is a deal, except 'under the circumstances' - Globe and Mail
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As of: 2008-10-08
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A deal is a deal, except 'under the circumstances'- Globe and Mail, Canada - 13 hours ago- Smart money, if such a thing still exists, says a settlement will be struck allowing interloper Wells Fargo to walk away with the bulk of Wachovia's assets. ... -
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Markets; Debt; Housing - CJOB
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As of: 2008-10-08
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Markets; Debt; Housing- CJOB, Canada - 3 hours ago- Evelyn Jacks of the Knowledge Bureau tells CJOB home mortgages are a good debt..... Jacks says those with credit card debt should take a serious look right ... -
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HDX named exclusive Canadian retail distributor of eCOM Gift Card ... - ...
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As of: 2008-10-08
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HDX named exclusive Canadian retail distributor of eCOM Gift Card ...- Canada NewsWire (press release), Canada - 4 hours ago- The cards are ideal for internet or telephone purchases as they offer cardholders the added security of knowing that there is no link to a credit card with ... -
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Cutting rates may not fix credit crisis - Globe and Mail
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As of: 2008-10-08
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Cutting rates may not fix credit crisis- Globe and Mail, Canada - 6 hours ago- But anyone who has watched the Americans strap on debt ? an average of nine credit cards per household, carrying $17000 balances, according to this week's ... -
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Fed's new arsenal firing blanks - Globe and Mail
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As of: 2008-10-08
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Fed's new arsenal firing blanks- Globe and Mail, Canada - 13 hours ago- ... battered by rising job layoffs and the worsening economy, cut back sharply on their use of credit, including auto loans and credit cards. ... -
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Why is the mayor's photo on election flyers? - Daily Gleaner
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As of: 2008-10-08
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Why is the mayor's photo on election flyers?- Daily Gleaner, Canada - 11 hours ago- Credit card companies and the banks issuing their cards are gouging retailers and other businesses with transaction fees that cost over $4.5 billion in 2007 ... -
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Financial crisis into overdrive - Stockhouse
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As of: 2008-10-08
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Financial crisis into overdrive- Stockhouse, Canada - 5 hours ago- ... repay Guido later; he will decide how to explain to his wife about the empty savings account later; he will deal with his maxed-out credit cards later. ... -
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The global financial crisis brings back tulipomania - Straight Goods
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As of: 2008-10-08
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The global financial crisis brings back tulipomania- Straight Goods, Canada - 11 hours ago- Consumer culture is driven by the easy availability of credit cards to almost everyone. So is the eagerness of the credit card companies to raise credit ... -
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Financing seen as a safe investment - Financial Post
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As of: 2008-10-08
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Financing seen as a safe investment- Financial Post, Canada - 4 hours ago- Over recent years, a bevy of investment funds has emerged specifically created to provide infrastructure financing and take advantage of low-risk returns. ... -
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A look at fundamental truths about investing - King Township Sentinel
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As of: 2008-10-08
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A look at fundamental truths about investing- King Township Sentinel, Canada - 3 hours ago- Given the uncertain times in which we find ourselves, we thought it would be helpful to review some of the fundamental truths about investing which have ...- 'It's a fantastic time to buy into the market' Hamilton Spectator- all 2 news articles -
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Technical Trade Alerts on Resort/Travel Stocks: SXPT, MTN, WYNN ... - Ba...
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As of: 2008-10-08
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Technical Trade Alerts on Resort/Travel Stocks: SXPT, MTN, WYNN ...- Baystreet.ca, Canada - 4 hours ago- Investing in securities is speculative and carries a high degree of risk; you may lose some or all of the money that is invested. Always research your own ... -
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Culture Rally Heats Up Toronto Park - CityNews
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As of: 2008-10-08
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Culture Rally Heats Up Toronto Park- CityNews, Canada - 2 hours ago- The rally, organized by members of ACTRA and the Writer's Guild of Canada, was meant to highlight the economic benefits that come from investing in the ... -
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'Unprecedented' activity drives Canadian banks - Financial Post
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As of: 2008-10-08
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Financial Post- 'Unprecedented' activity drives Canadian banks- Financial Post, Canada - 12 hours ago- Investing in the nation's infrastructure is increasingly perceived to be a strong and stable market as provinces introduce uniformity and the industry ... -
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McIver keeps pushing mobile home solution - Canoe.ca
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As of: 2008-10-08
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McIver keeps pushing mobile home solution- Canoe.ca, Canada - 10 hours ago- "If we're serious about investing in affordable housing, you can actually get more homes for your buck with mobile homes than with most other forms," he ...- Alderman Thinks Mobile Home Parks Solution To Affordable Housing CHQR- all 2 news articles -
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Manulife-Sun Life clash could cost shareholders in the long run - Globe ...
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As of: 2008-10-08
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Manulife-Sun Life clash could cost shareholders in the long run- Globe and Mail, Canada - 13 hours ago- If the US units are sold first, they will include a life insurance business that Credit Suisse estimates could fetch up to $5.9-billion, a group retirement ...- Too few bankers for Manulife, Sun Life Globe and Mail- all 9 news articles -
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CGI extends deal with Co-operators General Insurance Co. - The Gazette (...
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As of: 2008-10-08
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CGI extends deal with Co-operators General Insurance Co.- The Gazette (Montreal), Canada - 5 hours ago- ... a full range of services for the company's home, auto, life, group, travel, commercial and farm insurance businesses as wellas its investment products." -
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The Snowball: All you never knew about Warren Buffett - CBC.ca
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As of: 2008-10-08
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The Snowball: All you never knew about Warren Buffett- CBC.ca, Canada - 7 hours ago- Alice Schroeder, formerly an astute insurance analyst with Morgan Stanley, has written a thoughtful and intimate biography of the globe's wisest investor. ... -
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AM Best affirms ratings of RBC insurance unit - Investment Executive
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As of: 2008-10-08
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AM Best affirms ratings of RBC insurance unit- Investment Executive, Canada - 6 hours ago- RBC Insurance Co. primarily reinsures life and health insurance risks from unaffiliated international reinsurers as well as credit reinsurance risk from ... -
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Battery-powered wheels catching on - London Free Press
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As of: 2008-10-08
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London Free Press- Battery-powered wheels catching on- London Free Press, Canada - 4 hours ago- ... which resemble retro Harley-Davidson motorcycles, don't require a licence or insurance and run up to 35 kilometres an hour. Fit For Life is developing ... -
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AIG spent US$440000 on spa, resort after bailout, lawmakers say - Financ...
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As of: 2008-10-08
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ABC News- AIG spent US$440000 on spa, resort after bailout, lawmakers say- Financial Post, Canada - 12 hours ago- Spokesman Nicholas Ashooh said the event had been scheduled a year earlier by AIG's American General life insurance subsidiary as a way to reward ...- Insurance giant AIG's role in market crisis probed CEP News- AIG defends lavish event ReportonBusiness.com- all 338 news articles -
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Candidates discuss issues and field questions at Seneca meeting - King T...
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As of: 2008-10-08
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Candidates discuss issues and field questions at Seneca meeting- King Township Sentinel, Canada - 3 hours ago- Arifin, a recent university graduate, said students should be given grants, not loans. As well, he said they have to make sure tuitions don't go up every ... -
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Comments on the cuts - Globe and Mail
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As of: 2008-10-08
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Comments on the cuts- Globe and Mail, Canada - 6 hours ago- But the crisis isn't about any one thing, its about confidence and trust. Financials broke that trust when they made a slew of bad loans. ... -
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Big banks lower prime lending rate, but less than central bank's mov...
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As of: 2008-10-08
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Big banks lower prime lending rate, but less than central bank's move- CKWS, Canada - 6 minutes ago- ... Trust, was first off the mark, saying it will make a smaller quarter point cut to its prime lending rate, which serves as a benchmark for consumer loans ... -
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Clearwater plans to go private in jeopardy - ReportonBusiness.com
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As of: 2008-10-08
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Clearwater plans to go private in jeopardy- ReportonBusiness.com, Canada - 3 hours ago- However, the income trust said in a news release Wednesday that Glitnir's receivership has created uncertainty about its ability to follow through. ... -
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TD Canada Trust lowers prime lending rate - Winnipeg Sun
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As of: 2008-10-08
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Canada.com- TD Canada Trust lowers prime lending rate- Winnipeg Sun, Canada - 2 hours ago- By THE CANADIAN PRESS TORONTO ? One of Canada?s biggest mortgage lenders, TD Canada Trust, has declined to match the full half percentage point cut in ...- TD Bank cuts prime, but only by 25 basis points Reuters Canada- Central banks cut interest rates by half a point in international move CJFW- Canada banks go for smaller cuts to prime rates ReportonBusiness.com- all 234 news articles -
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Banks trim prime but lag BoC cut - Business News Network
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As of: 2008-10-08
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Banks trim prime but lag BoC cut- Business News Network, Canada - 29 minutes ago- That, along with their need to deal with losses stemming from bad loans, has sparked a major increase in the cost of borrowing. ... -
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Grain piles up in ports - Financial Post
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As of: 2008-10-08
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Financial Post- Grain piles up in ports- Financial Post, Canada - 12 hours ago- But more deals are falling through as sellers decide they don't trust the financial institution named in the buyer's letter of credit, analysts said. ... -
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Credit unions "fairly comfortable? - TheChronicleHerald.ca
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As of: 2008-10-08
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Credit unions "fairly comfortable?- TheChronicleHerald.ca, Canada - 11 hours ago- By BRUCE ERSKINE Business Reporter Nova Scotia credit unions are riding out the current financial storm sweeping the United States and other parts of the ... -
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Video B-Roll Via On-Demand and Satellite - Alberta Credit Unions ... - C...
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As of: 2008-10-08
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Video B-Roll Via On-Demand and Satellite - Alberta Credit Unions ...- Canada NewsWire (press release), Canada - 2 hours ago- Spread the Love and its founder Rob Aronson were chosen after Alberta's Credit Unions held a province-wide contest to identify what social causes were in ... -
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Stephen Harper's Conservatives: Elementary my dear Watson - Canadian...
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As of: 2008-10-08
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Stephen Harper's Conservatives: Elementary my dear Watson- Canadian National Newspaper, Canada - 1 hour ago- It is also ironic that a Conservative government under Sir John A. MacDonald realized the importance of unions and recognized them by creating the Trade ... -
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National Post Editorial Board: A Conservative majority serves ... - Nati...
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As of: 2008-10-08
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National Post Editorial Board: A Conservative majority serves ...- National Post, Canada - 6 hours ago- And when this editorial board recently sat down with Jack Layton, we saw why: The NDP leader is a charismatic, articulate spokesman for Canadian unions and ...- Six Ways Harper Is Wrecking the Economy TheTyee.ca- all 1,722 news articles -
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Candidates in Montana state auditor race sound off on health care ... - ...
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As of: 2008-10-08
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Candidates in Montana state auditor race sound off on health care ...- CanadianBusiness.com, Canada - 1 hour ago- (AP) - The two former Montana legislators running for state auditor have plenty to say about the key issues in the race, from health insurance costs and ... -
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McCain, Obama Spar Over Economy - AOL Canada
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As of: 2008-10-08
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McCain, Obama Spar Over Economy- AOL Canada, Canada - 8 hours ago- The two men have taken drastically different approaches on how to deal with the millions of Americans who lack health insurance. While McCain has proposed a ... -
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Pain expert questions insurance payout caps - TheChronicleHerald.ca
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As of: 2008-10-08
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Pain expert questions insurance payout caps- TheChronicleHerald.ca, Canada - 11 hours ago- Limiting insurance payments to $2500 for people with soft-tissue injuries perpetuates the stigma that they?re exaggerating or making up their claims, ... -
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Obama, McCain clash over economy - The Gazette (Montreal)
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As of: 2008-10-08
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The Gazette (Montreal)- Obama, McCain clash over economy- The Gazette (Montreal), Canada - 10 hours ago- While McCain said he believed health insurance was a "responsibility," Obama said it should be the "right of every American. ... -
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Superior sedan could pass for SUV - The Province
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As of: 2008-10-08
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Superior sedan could pass for SUV- The Province, Canada - 12 hours ago- The Forester looks and acts like a compact SUV, but it's actually classified as a passenger car, and meets more stringent safety requirements that go with ... -
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MISCHIEF WILL COST $10423 RESTITUTION - Chatham Daily News
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As of: 2008-10-08
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MISCHIEF WILL COST $10423 RESTITUTION- Chatham Daily News, Canada - 10 hours ago- A 23-year-old Chatham man will spend 75 days in jail for igniting a car last November. James Walker had an orange and yellow design of flames shooting up ... -
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Former driving school owner who paid bribes to get driver's ... - Ca...
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As of: 2008-10-08
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Former driving school owner who paid bribes to get driver's ...- Canada.com, Canada - 2 hours ago- My house, my car. I'm begging this court to give me another chance to serve this community again." Chiu's lawyer, Alan Ip, told the court that his ... -
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New retirement planning tool active in 2009 - BCLocalNews
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As of: 2008-10-08
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New retirement planning tool active in 2009- BCLocalNews, Canada - 1 hour ago- Is a TFSA a good addition to your retirement planning? Yes, when you make it a part of your overall financial plan that includes your most important ... -
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Retirement Savers Lost $2 Trillion - U.S. News & World Report
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As of: 2008-10-08
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Retirement Savers Lost $2 Trillion- U.S. News & World Report, DC - 4 hours ago- Stock market turmoil has wiped out roughly $2 trillion of Americans' retirement savings over the past 15 months, according to the Congressional Budget ... -
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Two RTD Financial Advisors Named among Top 10 "Best Financial ... -...
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As of: 2008-10-08
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Two RTD Financial Advisors Named among Top 10 "Best Financial ...- MarketWatch - 8 hours ago- ... Program and is an Adjunct Professor at The College for Financial Planning, teaching the CFP(R) Retirement Planning and Employee Benefits curriculum. ... -
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Consolidation on horizon for fund firms - Globe and Mail
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As of: 2008-10-08
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Consolidation on horizon for fund firms- Globe and Mail, Canada - 13 hours ago- "This market favours very large, well-capitalized and well-branded companies," said Mr. Holland, who heads Canada's third largest mutual fund company. ... -
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Investors more likely to stand pat than their advisors: surveys - Nation...
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As of: 2008-10-08
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Investors more likely to stand pat than their advisors: surveys- National Post, Canada - 5 hours ago- Among advisers who suggested reallocations, 57.5% recommended to at least 10% of their clients that they withdraw money from stocks or equity mutual funds; ... -
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Russia's 'imaginative' Icelandic rescue - Globe and Mail
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As of: 2008-10-08
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Telegraph.co.uk- Russia's 'imaginative' Icelandic rescue- Globe and Mail, Canada - 13 hours ago- Pension funds have also been persuaded to transfer 200billion krona ($2-billion) to state coffers. Retail depositors in Britain are already feeling the ...- Iceland takes over banks as currency crashes Financial Post- all 1,043 news articles -
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The Green Party's Platform - Embassy
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As of: 2008-10-08
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The Green Party's Platform- Embassy, Canada - 9 hours ago- Mobilize additional emergency humanitarian aid and support aid organizations struggling to deliver essentials to those in desperate need both in Darfur and ... -
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Layton slams banks for not passing interest cuts to consumers - CBC.ca
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As of: 2008-10-08
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Layton slams banks for not passing interest cuts to consumers- CBC.ca, Canada - Oct 8, 2008- ... practices are banning ATM fees, capping interest rates and fees charged on so-called payday loans and creating an ombudsman position for fuel prices. ... -
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Municipal services halted for Thanksgiving - Canada.com
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As of: 2008-10-08
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Municipal services halted for Thanksgiving- Canada.com, Canada - Oct 8, 2008- The 211 Windsor-Essex service, providing information on local agencies and services, will be open throughout the holiday weekend. ... -
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'NATIONAL BANKRUPTCY,' RATES AND BAILOUTS - Globe and Mail
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As of: 2008-10-08
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'NATIONAL BANKRUPTCY,' RATES AND BAILOUTS- Globe and Mail, Canada - Oct 8, 2008- Iceland's President said his country could face "national bankruptcy" because of the credit crisis. Can a country Countries can't go bankrupt in the same ... -
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10 things the credit crisis taught me about investing - Globe and Mail
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As of: 2008-10-08
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10 things the credit crisis taught me about investing- Globe and Mail, Canada - Oct 8, 2008- Based on the dictionary definition of wealth, I'm considerably poorer today than I was just a few weeks ago. Many of my dreams have been, if not shattered, ... -
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US retailers report weak September sales as consumer goes into hiding - ...
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As of: 2008-10-08
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US retailers report weak September sales as consumer goes into hiding- CKFR, Canada - Oct 8, 2008- "No more payday pizzas now." Before the financial meltdown began in the middle of last month, customers had already been switching to lower-price brands and ... -
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