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INSURANCE NEWS -
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Economy to shrink this year, say banks - Canada.com
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As of: 2009-03-13
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CHQR- Economy to shrink this year, say banks- Canada.com, Canada- "Canada's economy is definitely feeling the weight of the US recession," Craig Wright, vice-president and chief economist at Royal Bank of Canada, said in the bank's provincial economic outlook forecast. Plummeting demand from American consumers as ...- Bank of Canada vows "exceptional liquidity" Reuters Canada- Canada's economy won't expand until late 2010: TD CBC.ca- No growth for Canada until 2010, says TD Bank economist report CP24, Canada- Canada NewsWire (press release) - Canada.comall 130 news articles -
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John Turley-Ewart: Look to Canada for lessons on banking - National Post
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As of: 2009-03-13
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John Turley-Ewart: Look to Canada for lessons on banking- National Post, Canada- Cheap credit, handed to imprudent banks, is not going to lift the system to its feet in 2009. Yet that is the solution President Barack Obama and his economic advisors are prescribing as a quick fix to their country?s financial woes. ... -
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Swiss tackle credit market woes - Globe and Mail
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As of: 2009-03-13
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Swiss tackle credit market woes- Globe and Mail, Canada- Switzerland's central bank has begun making the radical moves that come under the poorly-understood heading of ?quantitative easing,? intervening in currency markets and buying corporate bonds in an attempt to halt deflation and stabilize lending. ... -
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Provincial support for Harmac a necessity - Canada.com
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As of: 2009-03-13
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Provincial support for Harmac a necessity- Canada.com, Canada- Today, Harmac finds itself between rigid environmental regulations, the banks who want to make sure they can pay for any costly cleanup should the mill close, and the provincial government. The province has enacted the cleanup regulations, ...- $50M cost overstated: Harmac Canada.com- What's so toxic at Harmac? Canada.com- Hatchery land is safe from logging Canada.com- all 5 news articles -
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The Israel ?Apartheid? lies - Canada Free Press
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As of: 2009-03-13
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The Israel ?Apartheid? lies- Canada Free Press, Canada- In cities from Oxford to New York to Montreal, we saw the usual collection of Islamist apologists and their fellow-travelers in academic, political and diplomatic circles. These events sought to portray Israel as an apartheid-era South Africa in ... -
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Pocklington links to offshore money alleged - Globe and Mail
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As of: 2009-03-13
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Globe and Mail- Pocklington links to offshore money alleged- Globe and Mail, Canada- What agent Joann Dowell found was what she believed was a series of transactions and payments that suggested Mr. Pocklington was concealing "property" in his filing for personal bankruptcy in California, the FBI agent said in an affidavit filed in ...- Ex-Oilers owner to appear at bail hearing today CTV.ca- Peter Pocklington arrested in California Calgary CTV- Ex-hockey owner Pocklington charged with fraud Reuters Canada- Guelph Mercury - 660 Newsall 360 news articles -
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Slimmer Nortel might survive - The Gazette (Montreal)
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As of: 2009-03-13
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CNET News- Slimmer Nortel might survive- The Gazette (Montreal), Canada- By BERT HILL, Canwest News ServiceMarch 13, 2009 A slimmed-down Nortel Networks could still emerge from bankruptcy protection as a small but competitive company, an expert says, rather than be liquidated, as published reports suggest might happen. ...- Nortel shares tumble Globe and Mail- Nortel preparing to sell off divisions: report. Canada.com- Nortel to sell important divisions: report CBC.ca- Reuters Canada - Globe and Mailall 209 news articles -
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Chemtura struggling to avoid default - Waterloo Record
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As of: 2009-03-13
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Chemtura struggling to avoid default- Waterloo Record, Canada- In a blog post a few days later, a New York Times reporter wrote that Chemtura has hired an investment bank and law firm to advise it on restructuring options, including a potential bankruptcy filing. Chemtura spokesperson John Gustavsen said the ... -
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MADOFF GOES TO JAIL ON 11 GUILTY PLEAS - Globe and Mail
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As of: 2009-03-13
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Times Online- MADOFF GOES TO JAIL ON 11 GUILTY PLEAS- Globe and Mail, Canada- So far, the firm's bankruptcy trustee has only found about $1-billion of the estimated $170-billion that flowed through the firm since the 1980s, when prosecutors allege the fraud began. After the 75-minute session, Mr. Madoff was taken to the ...- Bernard Madoff's billionaire victims CBC.ca- all 6,809 news articles -
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Healthways Announces Proposed Settlement of a 15-Year Old Qui Tam ... - ...
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As of: 2009-03-13
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Healthways Announces Proposed Settlement of a 15-Year Old Qui Tam ...- Stockhouse, Canada- In connection with the settlement, we have amended our credit facility to expressly exclude the impact of this $40 million charge from our EBITDA for purposes of covenant calculations. We expect that our debt to EBITDA ratio, as calculated under our ... -
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Mirabela Nickel Limited prices offering - Canada NewsWire (press release)
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As of: 2009-03-13
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Mirabela Nickel Limited prices offering- Canada NewsWire (press release), Canada- The Concurrent Private Placement is to be completed on a deferred settlement basis. Subscriptions for ordinary shares will be accepted by the Company concurrently with the completion of the Offering. However, subscribers will only pay for the ordinary ... -
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Tight credit market opens up new territory for scam loans - CBC.ca
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As of: 2009-03-13
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Tight credit market opens up new territory for scam loans- CBC.ca, Canada- Phony online loan companies are preying on unsuspecting customers by requesting a "security deposit" before providing the loan, claiming the deposit is required because of the client's supposed bad credit. The loan money is never received. In Canada ... -
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Protect your cards from fraud: RCMP - Morden Times
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As of: 2009-03-13
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Protect your cards from fraud: RCMP- Morden Times, Canada- ... the focus is on counterfeit currency and credit or debit card fraud. Statistics compiled by the RCMP National Anti-Counterfeiting Bureau show the number of counterfeit notes passed and seized in Canada decreased by about 48 per cent from 322501 in ...- Debit fraud burns both businesses and consumers Canada.com- all 3 news articles -
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Ontario tax plan threat to funds: IFIC - Globe and Mail
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As of: 2009-03-13
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Ontario tax plan threat to funds: IFIC- Globe and Mail, Canada- "It's inconsistent with any type of stimulus that you want out there to get people investing and taking risks again." CI will consider moving some of its operations out of Ontario - maybe to Alberta, which does not have a combined tax rate - if the ... -
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A timeless piece of filmmaking - Canada.com
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As of: 2009-03-13
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A timeless piece of filmmaking- Canada.com, Canada- Picking up at the beginning of Milk's personal transformation from closeted insurance salesman to out politician, Van Sant flourishes a double-edged blade in the opening scenes: the inner struggle to find personal empowerment against the odds, ... -
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Disaster relief program has rules - Haldimand Review
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As of: 2009-03-13
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Disaster relief program has rules- Haldimand Review, Canada- Funding is focussed on essential items such as shelter and the necessities of life. Private non-essential property, such as trailers and cottages, and property covered by private insurance are not eligible. When disaster strikes, property owners are to ... -
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What do taxpayers get for auto loans? - London Free Press
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As of: 2009-03-13
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Reuters- What do taxpayers get for auto loans?- London Free Press, Canada- Trust us, when a Big Three president tells politicians his company may leave Canada if it doesn't get billions of dollars in public loans and unless Revenue Canada backs off his company in a tax dispute, and our politicians still try to make nice, ...- For Chrysler's sake Winnipeg Sun- Politicians dismiss threats from Chrysler as 'ham-fisted' Globe and Mail- Chrysler threatens to leave Canada The Gazette (Montreal)- Canada.com - CTV.caall 528 news articles -
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Financial picture less grim - London Free Press
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As of: 2009-03-13
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Reuters- Financial picture less grim- London Free Press, Canada- GM, which is living on $13.4 billionUS in US government loans, has requested another $16.6 billionUS as it tries to weather the worst auto sales slump in 27 years. The company's Canadian unit, GM Canada, has asked for about $6 billion in loans from the ...- GM backtracks on need for $2B loan in the US Canoe.ca- GM says it doesn't need US$2-billion aid in March Financial Post- GM says it doesn't need $2B from gov't in March Maximum Edge- all 440 news articles -
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Union votes to be part of solution at GM - Northumberland Today
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As of: 2009-03-13
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Union votes to be part of solution at GM- Northumberland Today, Canada- They did what they had to, to get the loans for GM, he stressed. "We're committed to being part of the solution," agreed CAW Local 222 president Chris Buckley; now it's up to the governments to live up to their promises. ... -
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Churches not exempt from rash of foreclosures in US - Owen Sound Sun Times
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As of: 2009-03-13
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Churches not exempt from rash of foreclosures in US- Owen Sound Sun Times, Canada- Construction stopped last spring when New Life's lender said it would make no new loans to the church, Reeves said. * Reliance Trust, an Atlanta company that is trustee for nearly three-quarters of the church bonds in the US, has seen "some increases ... -
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Fitch Affirms SLC Private Student Loan Trust 2006-A - Stockhouse
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As of: 2009-03-13
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Fitch Affirms SLC Private Student Loan Trust 2006-A- Stockhouse, Canada- The collateral insurance policies cover a majority of the trust's private student loans. The collateral performance of the private student loans financed by the trust has been consistent with Fitch's expectations from a loss perspective. ... -
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Harewood meeting explores future of south-end community - Canada.com
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As of: 2009-03-13
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Harewood meeting explores future of south-end community- Canada.com, Canada- "We decided at the meeting that we would approach credit unions to see if they would consider setting up in Harewood and we will continue working with the Vancouver Island University towards establishing a health centre on campus that could include the ... -
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Good public policy requires new political will - Telegraph-Journal
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As of: 2009-03-13
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Good public policy requires new political will- Telegraph-Journal, Canada- *Public Automobile Insurance: In 2004, the all-party select committee on public automobile insurance recommended a new initiative for New Brunswick that had projected an economic impact of $275 million in its second year of operation. ... -
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US found on short end of health-care 'value gap' - London Free P...
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As of: 2009-03-13
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US found on short end of health-care 'value gap'- London Free Press, Canada- "What's important is we measure and compare actual value -- not just how much we spend on health care, but the performance we get back in return," said H. Edward Hanway, CEO of the insurance company Cigna. "That's what this study does, and the results ... -
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Local car companies offer buyers walkaway protection - 570 News
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As of: 2009-03-13
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Local car companies offer buyers walkaway protection- 570 News, Canada- Wendell Motors President Craig Hendry says Walkaway, which they call the "Wendell Way" is all done through insurance company ING. It lets you return your vehicle under several circumstances including, involuntary job loss, physical disabilities, ... -
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Classic victim of French collection - The Province
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As of: 2009-03-13
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Classic victim of French collection- The Province, Canada- However, it seems the car was just driven across the border to Florida. Nigel Matthews is the specialty vehicle program manager for the Insurance Corp. of BC ICBC's Collector Car program. He assists enthusiasts in the licensing and insurance of antique ... -
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Linking Tobacco, the Thrift Savings Plan and FERS - FedSmith.com
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As of: 2009-03-13
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FedSmith.com- Linking Tobacco, the Thrift Savings Plan and FERS- FedSmith.com- The recent financial meltdown that has seen the value of stock holdings around the world has undoubtedly had an impact on retirement planning. This meltdown may have made legislators more receptive to making changes that give investors more flexibility ... -
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Capital Credit Union and Ameriprise Financial offer retirement ... - App...
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As of: 2009-03-13
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Capital Credit Union and Ameriprise Financial offer retirement ...- Appleton Post Crescent, USA- KIMBERLY ? Capital Credit Union and Ameriprise Financial will offer a free seminar on retirement planning Tuesday. The session will be from 6 to 7 pm at 855 Eisenhower Drive, Kimberly. Ameriprise representatives Timothy J. Van Zeeland and Jamie T. Van ... -
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Help! I can't afford to retire - Telegraph.co.uk
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As of: 2009-03-13
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Help! I can't afford to retire- Telegraph.co.uk, United Kingdom- Research published by the Prudential last week showed that 2.2m adults were planning to delay their retirement this year because of the impoverished state of their pensions. By Emma Simon It wasn?ta rallying cry the baby boomer generation ever expected ...- Prudential Reveals UK Adults Delaying Retirement Due to Economy PR Web (press release)- all 6 news articles -
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VenGrowth sells Criterion to First Asset Capital - Globe and Mail
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As of: 2009-03-13
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VenGrowth sells Criterion to First Asset Capital- Globe and Mail, Canada- There are no changes currently planned in the Criterion fund lineup or brand name, said Paul Dinelle, executive vice-president of First Asset. The private firm has $750-million in total assets, including $50-million in mutual funds.- VenGrowth to sell Criterion Investments to First Asset Investment Executive- all 14 news articles -
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Sprott Asset Management Inc. Announces Changes to its Investment ... - C...
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As of: 2009-03-13
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Sprott Asset Management Inc. Announces Changes to its Investment ...- Canada NewsWire (press release), Canada- Oliver and Horvat were co-managers of a number of AGF mutual funds. Eric Sprott continues to head up SAM's investment management team for all of the Sprott Mutual Funds. There will be no change to the fundamental investment objective of the Fund as ...- Sprott launches gold bullion fund Investment Executive- Notice of Sprott Inc. 2008 fourth quarter and year-end conference call Canada NewsWire (press release)- all 11 news articles -
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Media hype is doing incalculable damage to confidence - Telegraph-Journal
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As of: 2009-03-13
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Media hype is doing incalculable damage to confidence- Telegraph-Journal, Canada- There are also more people investing in the markets either directly or though mutual funds than was the case in either of the two previous occurrences. Why the economic downturn feels so much worse this time is more complicated. ... -
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Frosty reception for IWK fundraiser - TheChronicleHerald.ca
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As of: 2009-03-13
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Frosty reception for IWK fundraiser- TheChronicleHerald.ca, Canada- The IWK saw about 200 inpatients, 150 emergency cases and nearly 5000 ambulatory visits last year, the president of the IWK Health Centre Foundation said. But Robbie Shaw said you cannot compare the two regions by numbers alone. ... -
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Big Billy - The Buck Stops Here - Glace Bay Gleaner
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As of: 2009-03-13
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Big Billy - The Buck Stops Here- Glace Bay Gleaner, Canada- Now, I don't got a lot of money, but I always consider myself sort of an investment expert. I'ma fan of the quick buck, the easy buck, and I always make sure I get my two cents' worth. The trick with bein' a successful investor is to make money doin' ... -
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Knights making case for defence - London Free Press
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As of: 2009-03-13
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Knights making case for defence- London Free Press, Canada- Mention how London waltzed into Windsor to win on Sunday and three reasons stick out: Tavares' record-breaking hat trick, Trevor Cann's re-emergence as a money goalie and more sturdy special teams. Lost in the shuffle is the most amazing feat: the ... -
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Mobsters, money and the dirty and unglamorous world of crime - Globe and...
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As of: 2009-03-13
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CBC.ca- Mobsters, money and the dirty and unglamorous world of crime- Globe and Mail, Canada- The edgiest story by far, though, is the testosterone-fuelled trajectory of Marco (Marco Macor) and Ciro (Ciro Petrone), nervy, trouble-making youths who play-act scenes from Scarface - then discover a stash of weapons and foolishly dream of starting ...- Gomorrah: a powerful mob drama that doesn't glamourize gangsters CBC.ca- all 20 news articles -
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Dirty Money - The Coast
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As of: 2009-03-13
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Dirty Money- The Coast, Canada- Seems like the only people making money anymore are drug dealers, robbers, and couch potato parents that sit home and watch the brown envelopes come in. I don't really even want any money from the government or anyone else for that matter, ... -
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Credit card companies can kiss my ASS!! - The Coast
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As of: 2009-03-13
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Credit card companies can kiss my ASS!!- The Coast, Canada- Okay here's the deal I got one of those credit cards that has a yearly fee asscoiated with it. The fact that I don't even remember seeing that little nugget in the T & C's when I signed up for this motherfucker is another bitch altogether about fine ... -
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Canada's dirty subprime secret - Globe and Mail
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As of: 2009-03-13
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Canada's dirty subprime secret- Globe and Mail, Canada- Both ResMor Trust and Mr. James declined to comment about their loans to Mr. Goodyear. Asked what he was thinking when he took out another loan to pay off a smaller loan that he already couldn't afford, Mr. Goodyear replied: ?Well, that's what runs ... -
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Tobacco, the Thrift Savings Plan and FERS: What Is the Link ... - FedSmi...
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As of: 2009-03-13
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FedSmith.com- Tobacco, the Thrift Savings Plan and FERS: What Is the Link ...- FedSmith.com- The recent financial meltdown that has seen the value of stock holdings around the world has undoubtedly had an impact on retirement planning. This meltdown may have made legislators more receptive to making changes that give investors more flexibility ... -
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Ontario limits charges on payday loans - CBC.ca
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As of: 2009-03-13
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CTV.ca- Ontario limits charges on payday loans- CBC.ca, Canada- Ontario has capped the interest changed by payday loan companies at $21 per $100 borrowed, will license lenders and has announced other rules it says are aimed at aiding consumers. The provincial government said Friday that the interest rate was based ...- Payday loans to face stricter regulation Globe and Mail- Canadian Payday Loan Association Welcomes Balanced Payday Loan ... Canada NewsWire (press release)- Ontario to start capping payday loan charges CTV.ca- The North Bay Nuggetall 45 news articles -
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Beware of tricks of the scam trade - Sherwood Park News
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As of: 2009-03-13
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Beware of tricks of the scam trade- Sherwood Park News, Canada- As March is Fraud Prevention Month across Canada, the RCMP is offering ways to keep personal info. safe Law enforcement agencies, banks and other government entities are warning consumers to be mindful of what they share and who they share it with. ...- March is Fraud Prevention Month Canada NewsWire (press release)- all 13 news articles -
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