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White House pushes banks to support GM, Chrysler - Globe and Mail As of: 2009-02-23
Maktoob- White House pushes banks to support GM, Chrysler- Globe and Mail, Canada- Outside advisers to the US Treasury have started lining up the largest bankruptcy loan ever, talking with banks and other lenders about at least $40-billion (US) in financing for General Motors Corp. and Chrysler LLC, in case the two auto makers need ...- Treasury considers GM and Chrysler funding options Reuters Canada- all 54 news articles -
Bank of Canada to loosen collateral rules - Globe and Mail As of: 2009-02-23
Bank of Canada to loosen collateral rules- Globe and Mail, Canada- OTTAWA ? In a bid to loosen up the market for private debt, the Bank of Canada said it will soon begin accepting corporate bonds as collateral for short-term loans, a shift that reflects the persistence of the credit crunch. The central bank said ... -
Canadian banks are next great trade: Gartman - National Post As of: 2009-02-23
Canadian banks are next great trade: Gartman- National Post, Canada- Dennis Gartman says the next great trade is to own Canadian banks stocks. The author of the popular Gartman Letter said this strategy should be coupled with being short of US banks. Mr. Gartman says he was looking at charts over the weekend and ... -
Bank bailout, Big 3, oil, Canadian banks, retail sales, Campbell ... - N... As of: 2009-02-23
Bank bailout, Big 3, oil, Canadian banks, retail sales, Campbell ...- National Post, Canada- Investors are responding to media news over the weekend that more information on Treasury?s bank stabilization program will be released this week. The program includes the possibility that Treasury will convert Citigroup preferred shares into common ... -
Only governments can get credit rolling - Globe and Mail As of: 2009-02-23
Only governments can get credit rolling- Globe and Mail, Canada- The banks became weapons of mass financial destruction last year. This year the same banks have the potential to become weapons of mass industrial destruction, the equivalent of back-to-back carpet bombings. The financial crisis has all but shut the ... -
Bankers note funding gap - Financial Post As of: 2009-02-23
Bankers note funding gap- Financial Post, Canada- Executives warn that pressures will continue to build in the financial system and that banks will increasingly struggle to fill funding gaps left by the retreat of more fickle investors from capital markets. Solving this impasse will require further ... -
US regulators pledge to shore up financial system - Globe and Mail As of: 2009-02-23
US regulators pledge to shore up financial system- Globe and Mail, Canada- The Treasury Department, Federal Deposit Insurance Corp., Office of the Comptroller of the Currency, Office of Thrift Supervision and the Federal Reserve jointly issued the statement amid growing concern that some of the country's biggest banks may ... -
The London Declaration on Combating Antisemitism - Canadian Jewish News As of: 2009-02-23
The London Declaration on Combating Antisemitism- Canadian Jewish News, Canada- ... for use by Criminal Justice Agencies; 19. Police services should record allegations of hate crimes and incidents - including 20. The OSCE should work with member states to seek consistent data collection systems for antisemitism and hate crime. 21. ... -
Philadelphia newspaper owner files for bankruptcy protection - CBC.ca As of: 2009-02-23
Philadelphia newspaper owner files for bankruptcy protection- CBC.ca, Canada- AP The owner of The Philadelphia Inquirer and Philadelphia Daily News filed for Chapter 11 bankruptcy protection Sunday in an effort to restructure its debt load. Philadelphia Newspapers Inc., owned by Philadelphia Media Holdings LLC, is the second ... -
California Pension Funds are not "Close to Bankruptcy?. CalPERS ...... As of: 2009-02-23
California Pension Funds are not "Close to Bankruptcy?. CalPERS ...- Center for Research on Globalization, Canada- by Patricia K. Macht First of all, your headline suggesting that the CalPERS pension fund is ?close to bankruptcy? is not true. The term bankruptcy assumes that our fund does not have money to meet its obligations, which is not the case. ... -
Another reason Nortel should stick to voice - IT World Canada Blogs As of: 2009-02-23
Another reason Nortel should stick to voice- IT World Canada Blogs, Canada- Now that Nortel is operating under bankruptcy protection, the company is planning to shed some of its assets. On Thursday it announced a ?stalking horse? agreement with Tel Aviv-based Radware Ltd. to sell its application acceleration products, ... -
Glendale international reports fourth quarter and fiscal financial ... -... As of: 2009-02-23
Glendale international reports fourth quarter and fiscal financial ...- Canada NewsWire (press release), Canada- This is compared to a $1.8 million loss for the same period of 2007 which excludes the write down of FTG's tax asset in Canada. According to the US Census Bureau and Aerospace Industries Association estimates at the end of 2008, the backlog of orders ... -
Woodstock generation gets a lesson in frugality - Times Colonist As of: 2009-02-23
Woodstock generation gets a lesson in frugality- Times Colonist, Canada- Today, there are two credit cards for every Canadian adult, the majority issued to those between the ages of 45 and 65. One-third of us carry a substantial balance from month to month. Certainly, as part of the cohort myself, I came to believe ... -
Visa brings enhanced data to WestJet - Canada NewsWire (press release) As of: 2009-02-23
Visa brings enhanced data to WestJet- Canada NewsWire (press release), Canada- Accepted everywhere Visa credit cards are accepted, Visa's commercial card programs offer a variety of features that combine to give cardholders more flexibility and confidence while assisting companies with tracking and analyzing purchases. ... -
Credit card diet wins followers - Winnipeg Free Press As of: 2009-02-23
Credit card diet wins followers- Winnipeg Free Press, Canada- Brian J. Gavriloff / canwest news service Jessica Hooper recently cut up one of her credit cards in an effort to save money. (CNS) Jessica Hooper began to cut back on her spending months ago, but last week she got serious. ... -
Ethical investing can help bring change - St. Catharines Standard As of: 2009-02-23
Ethical investing can help bring change- St. Catharines Standard, Canada- Laura Petrunick, an adviser with Desjardins Financial Security in Beamsville and Hamilton, is raising ethical or socially responsible investing as a topic of discussion with her clients unprompted. She knows about the reputation these funds had, ... -
Schools have failed on the financial literacy front - Globe and Mail As of: 2009-02-23
Schools have failed on the financial literacy front- Globe and Mail, Canada- When investing (or borrowing) over the long term, we need to start with a clear understanding of how compound interest works and its implications. 3. Learn the basics of debt and credit. As the current state of Canadian households can attest, ... -
You've lost all my money, you &^%$ - Globe and Mail As of: 2009-02-23
You've lost all my money, you &^%$- Globe and Mail, Canada- That means even those advisers who have tried to use conservative investing strategies are facing iciness from clients, even as their own savings and income start to dwindle. "Not only are our clients' portfolios down, but our own portfolios are down, ... -
Top 10 tax tips for 2009 - Canada.com As of: 2009-02-23
Top 10 tax tips for 2009- Canada.com, Canada- Resolution #4: Earn tax-efficient investment income. For those who have maxed out their RRSP and TFSA contributions, consider tax-efficient investment income outside of these tax-sheltered plans by investing in Canadian dividends, which are eligible ... -
Australia?s gold output lowest in 2 decades - Gold Investing News As of: 2009-02-23
Australia?s gold output lowest in 2 decades- Gold Investing News, Canada- The Gold Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we?ll research and add what you?re looking for. ... -
Manulife still on hunt for acquisitions - Globe and Mail As of: 2009-02-23
Manulife still on hunt for acquisitions- Globe and Mail, Canada- Manulife is one of three bidders remaining in talks with AIG for its Philippine life insurance businesses unit, called Philippine American Life and General Insurance Co. or Philamlife, according to a source close to the process. ... -
Adobe CEO compensation valued at US$16.4 million - CTV.ca As of: 2009-02-23
Adobe CEO compensation valued at US$16.4 million- CTV.ca, Canada- Other compensation, in the form of 401(k) retirement plan matches, life insurance and personal travel, totalled $19850, up from $8990 a year ago. For the full year, San Jose-based Adobe earned $871.8 million, or $1.59 per share, up 20 per cent from ... -
It just wasn't cricket - Globe and Mail As of: 2009-02-23
It just wasn't cricket- Globe and Mail, Canada- Born in tiny Mexia, outside of Dallas, Mr. Stanford had transformed his grandfather's small insurance business into a far-flung financial empire that had offices in dozens of countries, including Canada, and more than $7-billion in assets. ... -
Opinion: Southern Governors Rejection of Stimulus $$ Shortsighted - Digi... As of: 2009-02-23
Opinion: Southern Governors Rejection of Stimulus $$ Shortsighted- DigitalJournal.com, Canada- These governors are mostly taking issue with the expansion of unemployment insurance, claiming that the provision will increase employer taxes. Meanwhile, other Republican governors like Gov. Charlie Crist of Florida and Gov. ... -
Feds reviewing Chrysler's revised bailout request - CTV.ca As of: 2009-02-23
Calgary CTV- Feds reviewing Chrysler's revised bailout request- CTV.ca, Canada- While requesting almost $1 billion in repayable loans from Ottawa, Chrysler had submitted restructuring plans Friday, but the document was the same one sent to US officials earlier in the week. The floundering company had explained that its operations ...- Auto industry "at the precipice": Clement Reuters Canada- Car makers warned not to ask for more Globe and Mail- Auto bailout not 'money for nothing' Canoe.ca- CTV.ca - Reuters Canadaall 87 news articles -
Auto bailouts at what price? - Sudbury Star As of: 2009-02-23
CBC.ca- Auto bailouts at what price?- Sudbury Star, Canada- (Ford, by the way, hasn't asked for any loans yet). If there is any good news in this for Ontario, it's that at least the companies plan to keep their Canadian operations open and that they will make about 20 per cent of the vehicles the companies ...- Harper talks about possible auto loans Newsdurhamregion.com- 'We will maintain our share' of auto industry: PM CBC.ca- Enough value for taxpayers? London Free Press- Globe and Mail - Business Edgeall 924 news articles -
The yen rally's not over - yet - Globe and Mail As of: 2009-02-23
The yen rally's not over - yet- Globe and Mail, Canada- The yen has surged in response to the unwinding of the so-called yen carry trade, in which investors borrowed at low interest rates in yen and used the loans to buy higher-yielding assets in other currencies. Now those same investors are selling their ... -
Discovery is key in customer-supplier partnerships - Globe and Mail As of: 2009-02-23
Discovery is key in customer-supplier partnerships- Globe and Mail, Canada- The manufacturer was unhappy with its market share, and the finance company was unhappy with its penetration of loans. Each suspected that the other was responsible. For the discovery effort, the two companies formed a team made up of people from their ... -
Just who are the Evil Capitalists? - Canada Free Press As of: 2009-02-23
Just who are the Evil Capitalists?- Canada Free Press, Canada- While in office Teddy rode roughshod over the Constitution, vastly increasing his Presidential authority by his actions as a ?Trust Buster?. He was the first President to attack Wall Street by the passage of his legislation; the Hepburn Act regulating ... -
DARK DAYS AHEAD - Globe and Mail As of: 2009-02-23
DARK DAYS AHEAD- Globe and Mail, Canada- "We're in pretty dark days, really," said Steven Ranson, chief executive officer of Toronto-based Home Equity Income Trust. Mr. Ranson's firm, which sells reverse mortgage products, has recently trimmed close to 10 per cent of its staff, ... -
Orwellian Doublethink: "Nationalize the banks." "Free Mar... As of: 2009-02-23
Center for Research on Globalization- Orwellian Doublethink: "Nationalize the banks." "Free Markets."- Center for Research on Globalization, Canada- Is it what the classical economists advocated ? a market free from monopoly power, business fraud, political insider dealing and special privileges for vested interests ? a market protected by the rise in public regulation from the Sherman Anti-Trust ... -
Higher health care costs not entirely due to aging population - Guelph M... As of: 2009-02-23
Higher health care costs not entirely due to aging population- Guelph Mercury, Canada- About 70 per cent of health care spending comes from taxes, while individual out-of-pocket spending and private insurance cover the rest. The council reports that in 2007, Canadians spent an additional $400 of their own money or insurance money on ... -
Second Opinion: Crash lessons - National Post As of: 2009-02-23
Second Opinion: Crash lessons- National Post, Canada- In the US, the Insurance Institute for Highway Safety (IIHS) and Reader?s Digest now publicly rate states on the strictness of laws most applicable to teen drivers: graduated drivers? licenses, seat belts laws and impaired driving laws for drivers ... -
Economic crisis bodes well for electric cars - Globe and Mail As of: 2009-02-23
Globe and Mail- Economic crisis bodes well for electric cars- Globe and Mail, Canada- Japanese Prime Minister Taro Aso has pledged that by 2020, 50 per cent of all cars sold will be non-petrol, and aims to convert Japan Post's fleet of 21000 vehicles to EVs: Discount rates are to be offered on parking, insurance and loans, ... -
Thrifty Tips: Ditch the Car - Waterloo Record As of: 2009-02-23
Thrifty Tips: Ditch the Car- Waterloo Record, Canada- You can borrow a car by the half-hour ($1.85 weekdays, plus 27 cents a kilometre), for a long weekend and everything in between. Insurance is only $14 a month and you don't have to worry about taking it in for repairs or tune-ups. -
Investment and Retirement Planning for 2009: Are You Delaying Your ... -... As of: 2009-02-23
Investment and Retirement Planning for 2009: Are You Delaying Your ...- FedSmith.com- How has this decline impacted your retirement planning? Are you delaying retirement so that you will not have to dip into your retirement savings for another several years? Are you changing your retirement investment strategy? ... -
Author offers simple suggestions to plan for your retirement years - Sud... As of: 2009-02-23
Author offers simple suggestions to plan for your retirement years- Sudbury Star, Canada- So much of the emphasis in the book is placed on the rate of savings, the most overlooked and easiest to control of the retirement planning variables. Chown includes plenty of examples -- composite sketches of clients and their financial dilemmas -- he ... -
Capital gains apply in gift of property - The Gazette (Montreal) As of: 2009-02-23
Capital gains apply in gift of property- The Gazette (Montreal), Canada- Q: "My mutual funds went down a lot in 2008, but they paid money at the end of the year that apparently I now have to declare as income. How does that work?" A: Mutual funds can end up with large capital gains, even in a severe bear market, ... -
Need a Source? - Beware of making rush decisions to meet the RSP ... - C... As of: 2009-02-23
Need a Source? - Beware of making rush decisions to meet the RSP ...- Canada NewsWire (press release), Canada- In today's financial climate, it's more important than ever that Canadians do their due diligence when it comes to investing, particularly with high-fee mutual funds. << Peter Aceto, President & CEO of ING DIRECT is available to comment on: - A ... -
ETF activity heats up as BMO enters market - Morningstar.ca As of: 2009-02-23
ETF activity heats up as BMO enters market- Morningstar.ca, Canada- These arrangements mirror similar plans that have long been available to mutual fund investors. Meanwhile, in contrast to the passive indexing strategies employed by the ETFs that compete with traditional mutual funds, BetaPro Management Inc. has ... -
IPM hands out hospital money - Bayshore Broadcasting News Centre As of: 2009-02-23
IPM hands out hospital money- Bayshore Broadcasting News Centre, Canada- Mary Lou Cameron -- Chair of the Wingham and District Hospital Foundation -- says their hospital will used the money for an outpatient ultrasound machine for their emergency department. She says this unit will be wonderful as they continue to recruit ... -
Get SMART about program offering funding - Northumberland Today As of: 2009-02-23
Get SMART about program offering funding- Northumberland Today, Canada- More women and children seeking emergency shelter can be accommodated. The next Port Hope & District and Northumberland Central Chamber of Commerce Business Networking Card Exchange -- Business After 5 -- is being held at Raymond James-Northumberland ... -
Alberta job losses to be higher than expected - Canada.com As of: 2009-02-23
Alberta job losses to be higher than expected- Canada.com, Canada- Unlike other provinces, Alberta has more than $7 billion in emergency funds to draw on against going into debt. A $1-billion deficit in 2008-09, Evans said, will have no impact on spending because the loss is the result of decreased investment value. ... -
Staffing a nursing home problem - TheChronicleHerald.ca As of: 2009-02-23
Staffing a nursing home problem- TheChronicleHerald.ca, Canada- At the South Cumberland Community Care Centre in Parrsboro, an April 28, 2008, inspection report says the centre?s nurse was being assigned at night to work at a nearby hospital emergency department. The inspector noted, "staff feels this is a concern ... -
Best and worst moments - The Gazette (Montreal) As of: 2009-02-23
Best and worst moments- The Gazette (Montreal), Canada- Oh, we disagree. Best investment advice: How does Jack Black make the most of his paycheque? Well, as he revealed to co-presenter Jennifer Aniston, he took his salary from voicing Kung Fu Panda, then used that money to bet on Pixar at the Oscars. Zing! ... -
About-face on environment - The Kingston Whig-Standard As of: 2009-02-23
FOXNews- About-face on environment- The Kingston Whig-Standard, Canada- Much of the focus, however, seemed to be on how to make two dirty energy sources - coal in the US and tarsands oil in Alberta - cleaner through the development of carbon-reduction technologies. That's good. There's money to be made in green ...- Getting shovels into the ground and money into more brains Globe and Mail- Ottawa won't legislate 'Buy Canadian' provision Business Edge- Province points way for carbon capture StarPhoenix- National Post - CBC.caall 4,517 news articles -
Sweet maple syrup success - Canada.com As of: 2009-02-23
Sweet maple syrup success- Canada.com, Canada- Backlund and his 22-year-old daughter Katherine don't measure their success in how much money they make from their maple syrup hobby. Their 40ml maple-leaf shaped glass jars carry a $5 price tag, but the more popular 200ml bottle sell for $15. ... -
Red Alert: Major Meltdown Imminent! Your Escape ... - HoweStreet.com As of: 2009-02-23
Red Alert: Major Meltdown Imminent! Your Escape ...- HoweStreet.com, Canada- Fourth, in the guide, be sure to check our handy lists covering the weakest and strongest banks and thrifts, the weakest and strongest insurers, plus select US brokers. Fifth, join us online THIS WEEK for our next landmark video event. ... -
Proposed Law Seeks to Expose Internet Addressing for Child Safety - Circ... As of: 2009-02-23
Proposed Law Seeks to Expose Internet Addressing for Child Safety- CircleID, Canada- The collection and storage of personally identifiable information by an ISP for potential use of law enforcement is seen as a loss of both Constitutional rights and personal freedoms, and is viewed by many as a direct violation of the Constitution. ... -
Trump Files for Bankruptcy - Morningstar.ca As of: 2009-02-23
Trump Files for Bankruptcy- Morningstar.ca, Canada- Trump Entertainment Resorts TRMP filed for Chapter 11 bankruptcy protection Tuesday. We had predicted that the firm would not make it through the economic downturn, so we are not surprised, and our fair value estimate is unchanged. ... -
Credit cards are not dental tools - Canada.com As of: 2009-02-23
Credit cards are not dental tools- Canada.com, Canada- Hygiene and health issues are better reasons to reach for floss instead of your American Express card. Most people don't neglect brushing their teeth, but they'll pass on the flossing. Granted, it takes just four to five minutes to floss properly, ... -
Discover Offers Biodegradable Credit Cards - Sustainability Ninja As of: 2009-02-23
Sustainability Ninja- Discover Offers Biodegradable Credit Cards- Sustainability Ninja, Canada- And now, with the massive credit crunch might going down, many companies have rendered several of your credit cards useless. On a large scale - that equates to millions of plastic cards being thrown out, taking thousands of years to degrade while ... -
Unreported crimes uncovered - Prince George Citizen As of: 2009-02-23
Unreported crimes uncovered- Prince George Citizen, Canada- The cache included credit cards, birth certificates, purchase orders, income tax T4 forms and a stack of credit applications - all filled out and ripe with personal information for identity thieves. Most of these items, police said, were taken from ... -
Abu Dhabi to the rescue - Financial Post As of: 2009-02-23
Abu Dhabi to the rescue- Financial Post, Canada- "Positive signs are being sent about new investment in both Alberta operations as well as in R & D. We remain optimistic that this acquisition by a well-established international company has the potential to lead to additional opportunities for Alberta ... -
Manulife would raise cash for a strategic buy - Financial Post As of: 2009-02-23
Manulife would raise cash for a strategic buy- Financial Post, Canada- It is also reportedly in the running to acquire AIG's life insurance units in the Philippines and Japan. "Although equity markets have declined since the beginning of the year, Manulife continues to be well-capitalized and is able to withstand ... -
Bankers warn on funding gap - Financial Post As of: 2009-02-23
Bankers warn on funding gap- Financial Post, Canada- ... amid a prolonged recession have been heard in government. The recent budget included $12-billion for Ottawa to buy securitized credit from banks, but only if backed by auto loans and equipment leases, in a bid to get credit flowing to car buyers. -
BoC to intervene in corporate bond market - Canada.com As of: 2009-02-23
BoC to intervene in corporate bond market- Canada.com, Canada- The scheme will apply only to assets backed by auto loans and equipment leases, although bankers are pressing for the program to be expanded. ?We are fortunate in Canada to have the strongest banking system in the world, but even in Canada we have some ...- CA-BUSINESS Summary ReportonBusiness.com- all 43 news articles -
Technology Credit Union Partners With LocatorSearch to Offer a ... - Sto... As of: 2009-02-23
Technology Credit Union Partners With LocatorSearch to Offer a ...- Stockhouse, Canada- Technology Credit Union announced today in partnership with LocatorSearch, a leading provider of locator applications for financial institutions, a new GPS download that will allow Tech CU members to easily find surcharge-free ATMs anytime, ... -
ING Canada to rebrand its ING Insurance subsidiary - Canada NewsWire (pr... As of: 2009-02-23
ING Canada to rebrand its ING Insurance subsidiary- Canada NewsWire (press release), Canada- We are here to protect the things customers care about: their home, their car, their business. Sure there are things that no insurance company can restore: the memories, the mementoes and the sentimental attachment to what they lost. ... -
Easing job fears better than bailouts, building - Times Colonist As of: 2009-02-23
Easing job fears better than bailouts, building- Times Colonist, Canada- That's because of what economists call a moral hazard problem -- when people have insurance, they are less likely to act responsibly. For example, people who have car insurance have less of an incentive to lock their car, because if it gets stolen, ... -
Watch Those Home Owner's Insurance Policies - HoweStreet.com As of: 2009-02-23
Watch Those Home Owner's Insurance Policies- HoweStreet.com, Canada- We just got our homeowners insurance policy from a company who took government money and voila, presto, the value of our house went up! Our plain-Jane ranch home has under 2400 sq ft, vinyl siding, asphalt shingle, gravel driveway and 2 car garage with ... -
Torrid Technologies 2009 Retirement Planning Software Lets ... - Send2Pr... As of: 2009-02-23
Torrid Technologies 2009 Retirement Planning Software Lets ...- Send2Press (press release), CA- "Today, the 'hands-off' approach to retirement planning is almost as risky as failing to plan." Reputable advisors encourage client education and participation, often recommending retirement planning software that graphically displays current situation ... -
Renewable and Alternative Energy Mutual Funds Compared - Alternative Ene... As of: 2009-02-23
Renewable and Alternative Energy Mutual Funds Compared- Alternative Energy Stocks, Canada- There are now 6 mutual funds focused on what I usually refer to as "Clean Energy." I use this designation because "Renewable Energy" does not include Energy Efficiency, which is the most cost effective and scalable way of cleaning up the economy, ... -
Investing In State Farm's Starting Five (XOM, JNJ, SIAL, HPQ, PG) - ... As of: 2009-02-23
Investing In State Farm's Starting Five (XOM, JNJ, SIAL, HPQ, PG)- Investopedia, Canada- While it is true that past performance doesn't predict future returns on mutual funds, consistent past performance tends to produce consistent future returns. Barron's annual ranking of the top mutual fund families put State Farm first out of 59 fund ... -
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