| INSURANCE NEWS - | |
| The Lazy Man?s Guide to the Economic Crisis - MWC News | As of: 2009-03-02 |
| MWC News- The Lazy Man?s Guide to the Economic Crisis- MWC News, Canada- Mortgage brokers would close loans, then package them and sell them off to Wall Street, where they sprouted new lives in various ?exotic investment instruments? (mortgage-backed securities). These newfangled investment products grew tentacles all over ... - | |
| Recession a boon for fraudsters, Competition Bureau warns - Canada.com | As of: 2009-03-02 |
| Canoe.ca- Recession a boon for fraudsters, Competition Bureau warns- Canada.com, Canada- She said the recession has already resulted in the rise of particular scams targeting financially vulnerable people, including "fly-by-night" bankruptcy trustees and "credit repair artists" who make promises for an upfront fee.- Scammers on prowl as economy worsens St. Catharines Standard- all 55 news articles - | |
| Payday-loan rates to be capped - at annual rate of 600 per cent - Globe ... | As of: 2009-03-02 |
| CBC.ca- Payday-loan rates to be capped - at annual rate of 600 per cent- Globe and Mail, Canada- VICTORIA -- The payday-loan industry will find the interest it charges capped in British Columbia this fall - to what works out to be an annual rate of 600 per cent. The full cost of borrowing will be posted for consumers to see when they walk into a ...- Province to limit charges by payday loan companies Canada.com- BC moves to regulate payday lenders CBC.ca- British Columbia moves to regulate payday loans National Post- London Free Press - BCLocalNewsall 63 news articles - | |
| Payday loan firm settles lawsuit - Canada.com | As of: 2009-03-02 |
| Payday loan firm settles lawsuit- Canada.com, Canada- EDMONTON -- Payday loan provider Cash Store Financial Services Inc. announced late yesterday it will set up a fund to settle a class-action lawsuit filed in Ontario regarding the fees and interest it charged customers. The Edmonton-based company said ... - | |
| RCMP seek to identify victim - Metro Canada - Vancouver | As of: 2009-03-02 |
| RCMP seek to identify victim- Metro Canada - Vancouver, Canada- Payday loan companies will be limited to charging 23 per cent interest on short-term loans, after the BC government announced new legislation yesterday. The new rules will take effect on Nov. 1. The Mountie who Tasered Robert Dziekanski said he fired ... - | |
| Local news briefs - 24 Hours Vancouver | As of: 2009-03-02 |
| Local news briefs- 24 Hours Vancouver, Canada- Solicitor General John van Dongen announced a new set of regulations yesterday aimed at protecting consumers who receive loans from payday lenders. As of Nov. 1, lenders must be licensed by the Business Practices and Consumer Protection Authority and ... - | |
| Thow's former clients demand justice - Globe and Mail | As of: 2009-03-02 |
| Thow's former clients demand justice- Globe and Mail, Canada- Last week, Ms. Garwood and Ms. Kells were among about two dozen creditors who gathered at a Victoria hotel for an update from Michael Cheevers, bankruptcy trustee for Mr. Thow's estate. Most had copies of a recent report from Mr. Cheevers estimating a ...- Trustee chases money trail Times Colonist- all 33 news articles - | |
| GM survival plan hinges on union deal - Canada.com | As of: 2009-03-02 |
| GM survival plan hinges on union deal- Canada.com, Canada- A bankruptcy for GM could cost tens of thousands of jobs and topple suppliers and dealers just as the White House is focused on trying to pull the economy from a deeper recession. But expanded aid could cost taxpayers billions of dollars more and risk ... - | |
| Copper Fox Metals Inc. - 2008 Year-end Financial Results - Canada NewsWi... | As of: 2009-03-02 |
| Copper Fox Metals Inc. - 2008 Year-end Financial Results- Canada NewsWire (press release), Canada- This transaction provides for Lions Gate to have exclusive authority to enter into settlement arrangements by March 27, 2009 with the creditors of Copper Fox to discharge the debt of approximately $3575000 at February 26, 2009. ... - | |
| Businesses crying foul over credit card fees - CBC.ca | As of: 2009-03-02 |
| CBC.ca- Businesses crying foul over credit card fees- CBC.ca, Canada- (CBC) Coming on the heels of the worst retail sales numbers in 15 years, Canadian retailers are asking the federal government to do something about increased charges from Visa and MasterCard. They say Canada's two largest credit card companies have ... - | |
| March Is Fraud Prevention Month - CNW Telbec (Communiqué de presse) | As of: 2009-03-02 |
| March Is Fraud Prevention Month- CNW Telbec (Communiqué de presse), Canada- Know how to recognize counterfeit bills, forged cheques, telemarketing scams, and credit and debit card fraud. As a part of Fraud Prevention Month, the Bank of Canada, in co-operation with the RCMP, is running an awareness campaign aimed at teaching ... - | |
| Smart tips for smart consumers - Canada NewsWire (press release) | As of: 2009-03-02 |
| Smart tips for smart consumers- Canada NewsWire (press release), Canada- If an unfamiliar charge or duplicate transaction shows up on your credit card, call the credit card company immediately and ask them to investigate. >> Look for the Logo Look for the Canadian Marketing Association logo on an organization's print and ... - | |
| Hackers blamed in massive cyber fraud scam - Canada.com | As of: 2009-03-02 |
| Hackers blamed in massive cyber fraud scam- Canada.com, Canada- Canadians who travelled to the United States in 2008 are advised to check their credit-card statements and watch for signs of identity theft after a massive security breach at a US-based company that processes millions of credit cards. ... - | |
| On guard against fraud - Metro Canada - Vancouver | As of: 2009-03-02 |
| On guard against fraud- Metro Canada - Vancouver, Canada- It?s better to protective than footloose and fancy free when it comes to your cards and your pin numbers. Also, clean out your wallet so that only the personal information and credit cards you actually need and use regularly are kept with you. ... - | |
| A Caisse of investing failure. - Canada.com | As of: 2009-03-02 |
| A Caisse of investing failure.- Canada.com, Canada- That was especially true when chief executive officer Fernand Perreault offered a power-point slide showing the pension fund manager's five-year return if it hadn't made a disastrous $12.8-billion investment in asset-backed commercial paper. ... - | |
| China still hungry for resources - Regina Leader-Post | As of: 2009-03-02 |
| China still hungry for resources- Regina Leader-Post, Canada- A classic example of the Chinese investing for the long term. Q: What sort of resource sector assets do you expect the Chinese to look at next? A: They are particularly interested in iron ore and copper. China is not naturally richly endowed with ... - | |
| Make your mortgage tax deductible - Canada.com | As of: 2009-03-02 |
| Make your mortgage tax deductible- Canada.com, Canada- Getting a professional involved will spread the responsibility between client and advisor for maintaining discipline in paying down non-deductible debt, prepaying principal with tax rebates, and for investing in solid prospects. ... - | |
| Gold Price Undergoing a Pullback - Gold Investing News | As of: 2009-03-02 |
| Gold Price Undergoing a Pullback- Gold Investing News, Canada- By Kishori Krishnan Exclusive To Gold Investing News Gold for April delivery, the most actively trading contract, ended at $942.50 on the Comex division of the New York Mercantile Exchange on Friday. The metal surpassed $1000 an ounce the previous ... - | |
| AIG holds off on sale of Asian business - Globe and Mail | As of: 2009-03-02 |
| FOXNews- AIG holds off on sale of Asian business- Globe and Mail, Canada- AIG, which reported the biggest quarterly corporate loss in history yesterday and is trying to prevent a fire sale of its assets in this environment, has meanwhile rejected an offer from Manulife for a smaller Philippine life insurance business, ...- How big is too big to fail? The AIG saga CBC.ca- Treasury works to keep AIG Asian assets sale open Financial Post- American Life Insurance Company to Be Placed in Special Purpose ... Stockhouse- Globe and Mail - Globe and Mailall 2,983 news articles - | |
| Insurance options identified for non-profit sector - The Northern Light | As of: 2009-03-02 |
| Insurance options identified for non-profit sector- The Northern Light, Canada- ... with a lack of affordability, availability and price stability for insurance across the country," said Kathy Bardswick, president and CEO of Co-operators. "These organizations play a critical role in raising the quality of life for many Canadians. ... - | |
| Flaherty hints budget will ease credit crunch - Canada.com | As of: 2009-03-02 |
| Flaherty hints budget will ease credit crunch- Canada.com, Canada- Maintaining a functioning market where banks and companies can turn to investors to back fresh loans ? fueling credit-card spending, auto financing and small businesses ? is seen as crucial to determining the severity and duration of the economic ... - | |
| Chrysler must commit to build in Ontario: CAW - Financial Post | As of: 2009-03-02 |
| Driving.ca- Chrysler must commit to build in Ontario: CAW- Financial Post, Canada- ... new labour deals to win an estimated US$8.25-billion worth of repayable loans they're seeking from the Ontario and Canadian governments. Ford Motor Co. is not asking for aid. Ford last week announced it struck a deal with the United Auto Workers, ...- Comment: Automotive bailout must not be free ride Driving.ca- Automotive bailout must not be free ride Financial Post- all 14 news articles - | |
| GM seeking Canadian aid of more than $6-billion - Canada.com | As of: 2009-03-02 |
| GM seeking Canadian aid of more than $6-billion- Canada.com, Canada- However, he added any assistance that goes to the car companies will come in the form of "repayable loans," and nothing else. "This is not a grant. We expect the money to come back on commercial terms. That is our intent, and we are sticking to our ... - | |
| EU leaders reject bailout at emergency summit - Globe and Mail | As of: 2009-03-02 |
| Straits Times- EU leaders reject bailout at emergency summit- Globe and Mail, Canada- Just before the summit, European regulators forced Mr. Sarkozy to guarantee that the French auto bailout would not put foreign auto plants at a disadvantage. But Mr. Sarkozy yesterday defended the loans, noting that no one is calling Britain ...- EU leaders reject bailout for eastern nations Globe and Mail- all 929 news articles - | |
| Desjardins Group Announces Surplus Earnings Before Member ... - Canada N... | As of: 2009-03-02 |
| Desjardins Group Announces Surplus Earnings Before Member ...- Canada NewsWire (press release), Canada- ... investment fund and trust services. Total income for the Personal and Commercial segment amounted to $4061 million for 2008, down $777 million or 16.1% over 2007. The ratio of gross impaired loans to total gross loans remained stable, ... - | |
| PPR - $.0240 February Dividend - Stockhouse | As of: 2009-03-02 |
| PPR - $.0240 February Dividend- Stockhouse, Canada- ING Prime Rate Trust was the first Fund to invest in a portfolio of floating rate senior bank loans. The Trust seeks to provide as high a level of current income as is consistent with the preservation of capital. The Trust is managed by ING Investments ... - | |
| JER Investors Trust Inc. to Announce Year End and Fourth Quarter ... - S... | As of: 2009-03-02 |
| JER Investors Trust Inc. to Announce Year End and Fourth Quarter ...- Stockhouse, Canada- The Company's target investments include commercial mortgage backed securities, mezzanine loans and B-Note participations in mortgage loans, commercial mortgage loans and net leased real estate investments. JER Investors Trust Inc. is organized and ... - | |
| Washington faces ?unbelievable battle' over Obama budget - Globe and... | As of: 2009-03-02 |
| ABC News- Washington faces ?unbelievable battle' over Obama budget- Globe and Mail, Canada- Fifteen years ago, the health insurance industry led the charge that scuttled the Clinton administration's efforts to introduce comprehensive public health care. But with costs escalating, and more and more Americans abandoning health-care coverage, ...- Obama on ?Keeping Promises?; Weekly Address 02/28 Politonomist- all 256 news articles - | |
| Obama's First Full Month Significant And Telling - MWC News | As of: 2009-03-02 |
| MWC News- Obama's First Full Month Significant And Telling- MWC News, Canada- The first significant policy vote was to approve and increase the State Children's Health Insurance Program or SCHIP. This program provides health coverage for children of working parents who are not eligible for Medicaid and whose parents' employers ... - | |
| BC moves to regulate payday loan companies - London Free Press | As of: 2009-03-02 |
| CBC.ca- BC moves to regulate payday loan companies- London Free Press, Canada- The Credit Counselling Society of BC calls the new regulations an important first step in protecting people battling mounting debt loads. Society spokesman Skip Triplett says his organization helped 15000 people with credit problems last year, ...- BC moves to regulate payday loan companies to better protect consumers Lethbridge Herald- BC moves to regulate payday loan companies to better protect consumers AOL Canada- all 63 news articles - | |
| Learn about Social Security benefits online - Salt Lake Tribune | As of: 2009-03-02 |
| 1888 Press Release (press release)- Learn about Social Security benefits online- Salt Lake Tribune, United States- You can find information about your retirement options and answer key questions by using our tutorial "When to Start Your Benefits" at www.socialsecurity.gov/retire2/applying1.htm. After you've successfully used all of the retirement planning tools, ...- 3 Ways Obama?s Budget Would Affect Retirement Savers U.S. News & World Report- CBJ: Social Security 1: Planning Is Crucial Charlottesville Daily Progress- all 20 news articles - | |
| Retirement Planning and the Decline of Your TSP Investments - FedSmith.com | As of: 2009-03-02 |
| Retirement Planning and the Decline of Your TSP Investments- FedSmith.com- Have stock market losses (either in or out of your Thrift Savings Plan) caused you to postpone your retirement? 2. Have you changed how you invest in the TSP as a result of the decline in stock values? Most readers sending in comments preferred to ... - | |
| Money market funds magnet for RRSP cash - Globe and Mail | As of: 2009-03-02 |
| CTV.ca- Money market funds magnet for RRSP cash- Globe and Mail, Canada- The amount of assets in money market funds climbed to a record high of $72.3-billion at the end of January, and is expected to grow when the Investment Funds Institute of Canada releases its preliminary figures for mutual fund sales today for February. ...- Investors likely to make smaller RRSP contributions CTV.ca- The witching hour: Investors nervous as RRSP deadline looms CBC.ca- all 23 news articles - | |
| What the pros know - Canada.com | As of: 2009-03-02 |
| What the pros know- Canada.com, Canada- Firms, from banks to fund companies, offer managed portfolio solutions, enabling investors to diversify by asset class, geography and sector. Inside his managed portfolio solutions, Mr. Phipps holds mutual funds from fund families such as CI Funds, ... - | |
| Counterpoint: Pension funds are workers? best bet - National Post | As of: 2009-03-02 |
| Counterpoint: Pension funds are workers? best bet- National Post, Canada- Research I have been personally involved with found that the millions of Canadian workers who have been diligently depositing their RRSP contributions in retail mutual funds would be in far better financial shape today if they had instead had the ... - | |
| How big is too big to fail? The AIG saga - CBC.ca | As of: 2009-03-02 |
| How big is too big to fail? The AIG saga- CBC.ca, Canada- So, the US government agreed to provide an $85 billion US emergency loan to rescue AIG, in return for a 79.9 per cent equity stake in AIG. That was the first bailout. But AIG's troubles continued. In November, the US government restructured previous ... - | |
| Investors likely to make smaller RRSP contributions - CTV.ca | As of: 2009-03-02 |
| CTV.ca- Investors likely to make smaller RRSP contributions- CTV.ca, Canada- `For some people, the TFSA is a better way to go initially, especially if they're starting out, if they're in a low marginal tax rate or they need to accumulate an emergency fund," Mastracci said. Neal said that no matter how her clients want to save ... - | |
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