| INSURANCE NEWS - | |
| Signs of life in US retail spending - Financial Post | As of: 2009-03-12 |
| Financial Post- Signs of life in US retail spending- Financial Post, Canada- Along with more profit, talk from the major US banks -- this time from Ken Lewis, chief executive of Bank of America -- and the retail data lit a fire under stocks yesterday. The S&P/TSX composite index jumped 271.25 points to 8282.27, bringing its ... - | |
| Bank of Canada lowers interest rates to spur growth - Canada.com | As of: 2009-03-12 |
| Bank of Canada lowers interest rates to spur growth- Canada.com, Canada- By David Akin, Canwest News ServiceMarch 3, 2009 The Bank of Canada cut its main interest rate to a record low on Tuesday and signaled for the first time that it may take extra steps to pump money into a system that remains stubbornly short of credit. ...- Facing monetary reality National Post- all 5 news articles - | |
| Central Bank focus on financial firms' risk - Financial Post | As of: 2009-03-12 |
| Central Bank focus on financial firms' risk- Financial Post, Canada- The pack mentality of the world's financial institutions toward narrowly focused risk-management practices was a major catalyst to the collapse of Bear Stearns and Lehman Brothers, and likely exacerbated the Asian financial crisis, the Bank of Canada ... - | |
| Mortgage market: Going, going ... - CanadianBusiness.com | As of: 2009-03-12 |
| Mortgage market: Going, going ...- CanadianBusiness.com, Canada- ?It?s also about the pricing,? says Jim Murphy, president and CEO of the Canadian Association of Accredited Mortgage Professionals, which represents mortgage lenders, brokers, insurers and other industry players. ?Some of the lenders may not have found ... - | |
| Xceed Mortgage Reports Fiscal 2009 First-Quarter Results - Canada NewsWi... | As of: 2009-03-12 |
| Xceed Mortgage Reports Fiscal 2009 First-Quarter Results- Canada NewsWire (press release), Canada- "We believe that we are succeeding in creating greater awareness with mortgage brokers across Canada that Xceed has completed its transition to originating and renewing mainly insured mortgages that qualify for sale under the Canada Mortgage Bond ... - | |
| Metro homes among most affordable: report - New Brunswick Business Journal | As of: 2009-03-12 |
| Metro homes among most affordable: report- New Brunswick Business Journal, Canada- Two local mortgage brokers echoed those words, with one saying he is probably busier than last year as home buyers are refinancing to take advantage of low interest rates. Yesterday, Chantal Gaudet, part-owner of LC Builders Inc, which builds homes ... - | |
| Trimac Announces Fourth Quarter, Year-End Results - Canada NewsWire (pre... | As of: 2009-03-12 |
| Trimac Announces Fourth Quarter, Year-End Results- Canada NewsWire (press release), Canada- In the western division, a $1.0 million or 3.5 percent increase in the current year was due to increased revenue, reduced wages, and a reduction in repair costs, partially offset by higher fuel costs. The eastern division experienced a $1.1 million or ... - | |
| Huge losses for local stocks in rout of 2008 - Edmonton Journal | As of: 2009-03-12 |
| Huge losses for local stocks in rout of 2008- Edmonton Journal, Canada- ... the only local stock that managed to claw its way higher in 2008 was Cash Store Financial Services (formerly known as Rentcash). The payday loans firm's shares gained $1.36 apiece or nearly 32 per cent to close at $5.66, as earnings rose sharply. - | |
| South Carolina legislation to put more restrictions on payday ... - Cana... | As of: 2009-03-12 |
| South Carolina legislation to put more restrictions on payday ...- CanadianBusiness.com, Canada- COLUMBIA, SC (AP) - Legislation to greatly restrict the payday lending industry in South Carolina is advancing. A Senate subcommittee on Thursday approved a bill that requires a seven-day cooling off period between taking out the loans. ... - | |
| I-Spy: The Talking Taboo Against Israel's US Snooping - Pacific Free... | As of: 2009-03-12 |
| I-Spy: The Talking Taboo Against Israel's US Snooping- Pacific Free Press, Canada- When the FBI produces its annual report to Congress concerning "Foreign Economic Collection and Industrial Espionage," Israel and its intelligence services often feature prominently as a threat second only to China. In 2005 the FBI noted, for example, ... - | |
| Vick must testify, at own expense - Globe and Mail | As of: 2009-03-12 |
| Vick must testify, at own expense- Globe and Mail, Canada- Fallen NFL star Michael Vick must appear at a bankruptcy hearing next month, but should pay his own way from the Kansas prison where he is serving time for his role in a dogfighting conspiracy, a judge ruled yesterday. At an hour-long hearing, ... - | |
| Is It Time For A Templeton Play? (AA,TPX, GT, WEN, DAL) - Investopedia | As of: 2009-03-12 |
| Is It Time For A Templeton Play? (AA,TPX, GT, WEN, DAL)- Investopedia, Canada- Of the 104 companies, 34 were near bankruptcy, yet four years later he sold most of the group for $40000, making Sir John Templeton an investing icon. We look at a modified strategy and try to apply a similar method to today's market. ... - | |
| New Sites & Updates - Winnipeg Free Press | As of: 2009-03-12 |
| New Sites & Updates- Winnipeg Free Press, Canada- PETER Pocklington -- Canada's formerly famous celebrity businessman and patriarch of hockey's Edmonton Oilers -- was ordered held behind bars in Riverside, Calif., Wednesday after being arrested by the FBI on charges of bankruptcy fraud. ... - | |
| Personal Finance Executive Talks about Cost of Consumer Debt Relief - Fr... | As of: 2009-03-12 |
| Personal Finance Executive Talks about Cost of Consumer Debt Relief- Free Press Release Center (press release), Canada- In the article, titled "Credit Counseling Costs Consumers More than Debt Settlement," Janney explains how both credit counseling and debt settlement service providers collect fees from consumers and how credit counseling ultimately costs consumers more ... - | |
| Canwest receives $34-million in Hollinger settlement - Financial Post | As of: 2009-03-12 |
| CTV.ca- Canwest receives $34-million in Hollinger settlement- Financial Post, Canada- The remaining $3.5-million in settlement proceeds will benefit Canwest Publications Inc., a subsidiary of Canwest Limited Partnership. Canwest won another extension on Wednesday to negotiate borrowing terms on its debt with senior lenders while the ...- CanWest puts $34-million Sun-Times settlement toward debt Globe and Mail- Canwest receives $34 million in Hollinger settlement. Canada.com- Canwest Receives $34 Million in Hollinger Arbitration Settlement Stockhouse- all 193 news articles - | |
| Shopping spree made with stolen credit cards - Sault Star | As of: 2009-03-12 |
| Shopping spree made with stolen credit cards- Sault Star, Canada- Credit cards stolen from an unlocked vehicle in Elliot Lake were used to purchase more than $2700 in goods. Merchandise was bought in Elliot Lake, McKerrow and Espanola, Ontario Provincial Police said. The cards were taken on March 5 or March 6. ...- Police charge three with possession and use of stolen credit cards Elliot Lake Standard- all 3 news articles - | |
| Two boys robbed at knifepoint outside restaurant on Sources - The Gazett... | As of: 2009-03-12 |
| Two boys robbed at knifepoint outside restaurant on Sources- The Gazette (Montreal), Canada- A 23-year-old Montreal man who drove away from a gas station on Brunswick Blvd. without paying March 3 faces a series of charges, including possession of cloned bank and credit cards and possession of marijuana. Montreal Police Constable Chantal ... - | |
| Low rates a boon to tax on investment income - Globe and Mail | As of: 2009-03-12 |
| Low rates a boon to tax on investment income- Globe and Mail, Canada- And this spells good news for taxpayers: a fantastic opportunity to shift investment income from one family member to another to save tax. If you're the higher-income earner in your family, you could save significant tax dollars by arranging your ... - | |
| Slight cost to investing with conscience - National Post | As of: 2009-03-12 |
| Slight cost to investing with conscience- National Post, Canada- If you think being nice is a deterrant to making money, you may be right according to recent investment figures presented by Jantzi Research. But the price you pay for investing with a conscience, may not be a costly as you think. ... - | |
| The perennial search for protection - National Post | As of: 2009-03-12 |
| The perennial search for protection- National Post, Canada- One of the biggest complaints investors have as they look at their shattered portfolios is why global investing and traditional diversification didn't protect them against this vicious bear market. It appears many money managers and financial advisors ... - | |
| Gold Price Rebounds - Gold Investing News | As of: 2009-03-12 |
| Gold Price Rebounds- Gold Investing News, Canada- By Kishori Krishnan Exclusive To Gold Investing News The dollar rose as did gold. Gold rose in Europe on Thursday as the world?s largest gold-backed exchange-traded fund?s holdings set a record and Wednesday?s equity rally fizzled out, boosting the ... - | |
| Asset investing: The real things - CanadianBusiness.com | As of: 2009-03-12 |
| Asset investing: The real things- CanadianBusiness.com, Canada- He has held staff positions at National Post Business magazine and Investment Executive, a bi-weekly newspaper for financial advisors. More stories by this author >> As the great deleveraging of the past decade?s debt bubble continues to unfold, ... - | |
| Looking for a new way to invest? Make a game of it - Globe and Mail | As of: 2009-03-12 |
| Looking for a new way to invest? Make a game of it- Globe and Mail, Canada- Other experienced video-game executives have taken positions with notable venture-capital companies, with a eye to investing in game development. Lee references his colleagues Bing Gordon, formerly chief creative officer at EA, now at venture firm ... - | |
| Standard Life hits headwinds - The Gazette (Montreal) | As of: 2009-03-12 |
| BBC News- Standard Life hits headwinds- The Gazette (Montreal), Canada- "We showed continued resilience in the face of challenging market conditions, but our results testify to our focus on growth in savings, retirement and insurance products and our commitment to operational and capital efficiency," CEO Joseph Iannicelli. ...- Standard Life's 2008 solid performance in Canada despite difficult ... Canada NewsWire (press release)- Standard Life profit falls sharply Globe and Mail- all 109 news articles - | |
| Car Rental Insurance: Necessity Or Nightmare? - CityNews | As of: 2009-03-12 |
| CityNews- Car Rental Insurance: Necessity Or Nightmare?- CityNews, Canada- It turns out her credit card insurance only covered damage - not liability. "I don't think I had any liability coverage," she muses. "And if I had hit someone going off the road in that accident, I could have been bankrupt for life. ... - | |
| Power Financial Corp. takes $773M loss - London Free Press | As of: 2009-03-12 |
| Power Financial Corp. takes $773M loss- London Free Press, Canada- Ownership of Putnam was shared among parts of the Power Financial group, which includes insurer Great-West Lifeco -- which owns London Life Insurance Co. -- and IGM Financial, which owns Investors Group and Mackenzie mutual funds. ... - | |
| Citizens, Inc. Reports Year-End Results - Stockhouse | As of: 2009-03-12 |
| Citizens, Inc. Reports Year-End Results- Stockhouse, Canada- The 2008 increase was attributable to the new international business written in 2007 and 2008 in the Life Insurance segment, which had $102.0 million of premium income during the year. Additionally, we continue to experience strong persistency in our ... - | |
| EU bank clears ?3-billion in auto loans - Globe and Mail | As of: 2009-03-12 |
| AFP- EU bank clears ?3-billion in auto loans- Globe and Mail, Canada- ACEA has criticized the EIB for not paying out the car loans quickly enough. Mr. Ghosn also called for loosening the terms that limit lending to ?400-million per manufacturer and per project. The European car industry, the world's largest, ...- European carmakers receive loan funding CanadianDriver- all 96 news articles - | |
| Spotting phony loan scam artists - Metro Canada - Toronto | As of: 2009-03-12 |
| Spotting phony loan scam artists- Metro Canada - Toronto, Canada- So, what do you watch out for if you?re looking for a loan online? Never trust a ?loan company? that guarantees a loan even if you have bad credit. Stay away from a ?loan company? that asks for an upfront payment (like a security deposit, premium, ... - | |
| Restructuring plans working, GM says - Globe and Mail | As of: 2009-03-12 |
| Restructuring plans working, GM says- Globe and Mail, Canada- Both the trust concessions and labour cost cuts are required under term sheets that came with government loans granted to GM and Chrysler. The term sheets say both companies must do their best to reduce labour costs so they are equal to Japanese auto ... - | |
| Market eager to pass judgment on Rogers' executive decision - Globe ... | As of: 2009-03-12 |
| Market eager to pass judgment on Rogers' executive decision- Globe and Mail, Canada- Along with running the cable division, Ted Rogers' son is now chairman of the trust that controls the company, through a dual share structure. He has clout. The more subtle take on this line of speculation is that Edward Rogers wants to restructure ... - | |
| Needed: protection from telecom predators - p2pnet.net | As of: 2009-03-12 |
| Needed: protection from telecom predators- p2pnet.net, Canada- No wonder the CWTA wants the Consumer Unions public record ?expunged?! 7. In paragraph 34, the CWTS sates: ?CSC programs may only send messages to someone who has requested them.? Well Rogers already proved this statement false. ... - | |
| United Way collects pennies - Thunder Bay's Source | As of: 2009-03-12 |
| United Way collects pennies- Thunder Bay\'s Source, Canada- In addition to banks and credit unions, pennies can be dropped off at Intercity Shopping Centre, County Fair Plaza, the 55+ Centre or the McDonald?s inside Wal-Mart. They can also be handed over directly through the United Way office at 1093 Barton ... - | |
| Urgent change in health care in Alberta not needed, SACPA told - Lethbri... | As of: 2009-03-12 |
| Urgent change in health care in Alberta not needed, SACPA told- Lethbridge Herald, Canada- ?And there are 47 million people there without any health-care coverage.? American insurance companies are eyeing Alberta consumers, however, because the Stelmach government has ordered provincially controlled Alberta Blue Cross to double its rates for ... - | |
| Alberta government considering health care cuts in next provincial ... -... | As of: 2009-03-12 |
| Alberta government considering health care cuts in next provincial ...- Smoky River Express, Canada- ... across the province, with media in Calgary and Edmonton picking up the story and critics such as opposition parties and health care groups charging that such cuts would threaten public health care and open the door to more private insurance. ... - | |
| Economic woes take toll on workers' mental health - Canada.com | As of: 2009-03-12 |
| Economic woes take toll on workers' mental health- Canada.com, Canada- A Service Canada office is pictured, which provides employment services such as a job bank and Employment Insurance. One in five US workers say the recession is causing them mental health problems, as they battle anxiety and fear over the potential ... - | |
| Test driving a Christmas gift - The Gazette (Montreal) | As of: 2009-03-12 |
| Test driving a Christmas gift- The Gazette (Montreal), Canada- Every Zipcar reservation comes with gas (gas card inside the car), insurance, and 150 kilometres worth of driving per reservation. Zipcar costs start at $10.75 an hour, and $73 a day ($9.75 starting per hour and $69 per day in Vancouver), ... - | |
| It's about time - National Post | As of: 2009-03-12 |
| It's about time- National Post, Canada- You, unfortunately, happened to crash into it." The officer explained that he could make the whole incident go away if I let him. No hike in my insurance rates, no police reports. "We'll just go back in time and you won't drop the car, right?" I asked. ... - | |
| Chrome making a comeback - Canada.com | As of: 2009-03-12 |
| Canada.com- Chrome making a comeback- Canada.com, Canada- "Originally it was about safety, and there was a lot of lobbying by insurance companies to have less damage to vehicles," Schiavone says. "And that's what the big bumper with shock absorbers was about. But making a car safe isn't all about bumpers. ... - | |
| No recession lasts forever - Niagara Falls Review | As of: 2009-03-12 |
| No recession lasts forever- Niagara Falls Review, Canada- Becky Loewen, of Credit Counselling of Regional Niagara, has seen the income of some clients slashed following layoffs. Take measures to prevent desperate scenarios, said Loewen, a counsellor for the agency. The No. 1 problem: "People don't have ... - | |
| Choosing the right retirement destination - NewsChannel5.com | As of: 2009-03-12 |
| Choosing the right retirement destination- NewsChannel5.com, TN- (Where you are going to retire is just one of the many things you need to plan. To learn more on both the personal and financial perspective, be sure to check out our Retirement Planning Tutorial.) - | |
| Spousal Provision - GovExec.com | As of: 2009-03-12 |
| Spousal Provision- GovExec.com, DC- Tammy Flanagan is the senior benefits director for the National Institute of Transition Planning Inc., which conducts federal retirement planning workshops and seminars. She has spent 25 years helping federal employees take charge of their retirement ... - | |
| Baby Boomers are Changing Their Retirement Plans - U.S. News & World Report | As of: 2009-03-12 |
| Baby Boomers are Changing Their Retirement Plans- U.S. News & World Report, DC- Here?sa look at how one extraordinary year altered baby boomer?s retirement plans. Original plan: In 2007, about 11 percent of boomers born in 1946 said they planned to retire at age 62. Actual plan. Of those boomers, 71 percent did not retire. ... - | |
| Is Your Retirement Plan Protected? - Hellenic News of America | As of: 2009-03-12 |
| Is Your Retirement Plan Protected?- Hellenic News of America, PA- As the population ages and Americans are living longer than ever before, the need for long-term care services has emerged as an important element to a comprehensive retirement plan. In 2008, nursing home cost averaged $76416 a year nationally1, ...- John Hancock Introduces New Needs-Based Tools for Long-Term Care ... PR Newswire (press release)- all 10 news articles - | |
| Back to financial basics in difficult economic times - Redlands Daily Facts | As of: 2009-03-12 |
| Back to financial basics in difficult economic times- Redlands Daily Facts, CA- People burned through any savings they may have accumulated, retirement planning was neglected, and credit cards were charged to the hilt. When property values were rising fast, many used their home like an ATM, taking out equity for cars, boats, ... - | |
| Retirement strategies for all ages - WQAD | As of: 2009-03-12 |
| Retirement strategies for all ages- WQAD, IL- A successful retirement depends largely on the steps you take during different stages of your life. It's really never too late to start planning. Contribute as much as you can to IRAs, 401(k)s, Keoghs and other retirement savings while meeting other ... - | |
| Geithner Ex Machina - HoweStreet.com | As of: 2009-03-12 |
| Geithner Ex Machina- HoweStreet.com, Canada- Over in Indonesia, the central bank's own emergency funds made up just 12% of the $40bn rescue. (Don't these numbers look quaint today!) Eight foreign nations between them stumped up $17bn, with the various supra-national funds and advisors ? all ... - | |
| Budget woes strain councillors' nerves - Aldergrove Star | As of: 2009-03-12 |
| Budget woes strain councillors' nerves- Aldergrove Star, Canada- Engineering director Colin Wright explained that assets, the moment built, begin to deteriorate and require timely repair to avoid more costly maintenance, and that dealing with an emergency repair or failure can cost eight to 10 times more than a ... - | |
| Senate passes federal budget - CBC.ca | As of: 2009-03-12 |
| CTV.ca- Senate passes federal budget- CBC.ca, Canada- The budget also contains an emergency fund of $3 billion to be spent immediately on projects designed to stimulate the faltering economy, such as bridge and road construction, and building repair and maintenance. The Conservatives had said the bill ...- Senate to pass budget Thursday: Ignatieff AOL Canada- all 112 news articles - | |
| Fewer helped by new heating assistance program - Miramichi Leader | As of: 2009-03-12 |
| Fewer helped by new heating assistance program- Miramichi Leader, Canada- Last week opposition leader David Alward raised concerns about the total funds available and said it is should be easier for people who need help to apply. "The program is demeaning to people, it certainly is full of bureaucracy and even how people are ... - | |
| Internet money-making scam targets Belleville - Belleville Intelligencer | As of: 2009-03-12 |
| Internet money-making scam targets Belleville- Belleville Intelligencer, Canada- Corey says he has lots of money, but is his dream-come-true new job really a nightmare in disguise? Facebook followers may have seen Corey Peters advertisements, stating people can make it rich like he did, but Belleville residents may have taken a ... - | |
| Online ads shouldn't irritate ? they should complement - Globe and Mail | As of: 2009-03-12 |
| Online ads shouldn't irritate ? they should complement- Globe and Mail, Canada- So the average Internet user might not have been thrilled this week when a consortium of online publishers including ESPN.com, The Wall Street Journal and The New York Times announced a plan to turn things around ? by making standard online ads even ... - | |
| Money buys city advice - and time to cover its mess - Globe and Mail | As of: 2009-03-12 |
| Money buys city advice - and time to cover its mess- Globe and Mail, Canada- The lengthy consultations suggest that industry sources were 100 per cent correct in their claims that making a recyclable coffee-cup lid was an impossible task. Indeed, Mr. Rathbone has already hinted that the city, rather than banning plastic lids ... - | |
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