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INSURANCE NEWS -
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Ireland fears rising anger after bank ?treason? - Canada.com
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As of: 2009-03-19
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New Zealand Herald- Ireland fears rising anger after bank ?treason?- Canada.com, Canada- "You have middle-class people who are very, very upset by what is happening, people in business who cannot get loans from banks. Many people in working-class communities are also extremely angry," Gormley told Newstalk radio. ...- Tens of thousands march against cutbacks in Ireland Canada.com- all 24 news articles -
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Stop cowering, entrepreneurs told by development bank - The Gazette (Mon...
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As of: 2009-03-19
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Stop cowering, entrepreneurs told by development bank- The Gazette (Montreal), Canada- By FRANCOIS SHALOM, The GazetteMarch 19, 2009 Stop cowering, emerge from your hidey-holes, and do business - and come and see us if banks won't lend you money. Business Development Bank of Canada chief executive Jean-René Halde pleaded with ... -
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The Causes of Crisis - Politonomist
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As of: 2009-03-19
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The Causes of Crisis- Politonomist, Canada- ... calls the ?shadow banking system:? hedge funds, mortgage brokers and the banking superstructure; where some forms of financial service were subject to adequate capital and documentation regulation, others were not, and could be exploited as such. ... -
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justified or absurd? - Globe and Mail
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As of: 2009-03-19
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justified or absurd?- Globe and Mail, Canada- For example, he said, brokerages would often include retention bonuses in the compensation packages of top brokers to ensure they didn't leave and take clients with them. Those bonuses were paid in addition to annual performance bonuses. ... -
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Bernanke Buying Spree: The Good, the Bad, & the Reality - Q1 Publishing
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As of: 2009-03-19
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Bernanke Buying Spree: The Good, the Bad, & the Reality- Q1 Publishing, Canada- Frankly, constantly challenging your thesis is the only way to ensure you hold on long enough for the big payday that comes with being right. That?s why I?m not too worried about missing this rally. Its end will come and I bet it will be soon ... -
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Community Service Groups Gather for Planning Workshop - Brampton News
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As of: 2009-03-19
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Community Service Groups Gather for Planning Workshop- Brampton News, Canada- This includes ambulance services, public health, long-term care, child care, waste collection, recycling and disposal, water and wastewater services, Regional road construction and maintenance, social assistance and affordable rental housing. ... -
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CoStar Group Honored by US Environmental Protection Agency With ... - St...
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As of: 2009-03-19
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CoStar Group Honored by US Environmental Protection Agency With ...- Stockhouse, Canada- As part of ongoing efforts to increase awareness of energy efficiency issues in the built environment, CoStar has co-sponsored The Journal of Sustainable Real Estate (JOSRE) with the goal of publishing a new collection of research papers addressing ... -
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Shares bear the brunt of bankruptcy filings - Globe and Mail
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As of: 2009-03-19
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Shares bear the brunt of bankruptcy filings- Globe and Mail, Canada- If you own shares in a company that files for bankruptcy protection, do those shares remain intact as the company restructures or is bought out, or do they become worthless? The shares of companies under bankruptcy protection remain in existence, ... -
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Outlook not all black for Canada's coal miners - Canada.com
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As of: 2009-03-19
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Outlook not all black for Canada's coal miners- Canada.com, Canada- While Teck is selling assets, nothing is more important to the company than this coal price settlement as it tries to pay down debt. Teck has a US$5.8-billion bridge loan due at the end of October, and is hoping for a strong coal price to help pay it ...- Teck Cominco cut to junk by S&P Financial Post- Teck says makes progress on debt as rating cut Reuters Canada- Good news on coal for Teck Cominco National Post- Winnipeg Free Press - ReportonBusiness.comall 36 news articles -
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Why credit card debt is here to stay - March 20 2009 - Sympatico MSN Fin...
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As of: 2009-03-19
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Why credit card debt is here to stay - March 20 2009- Sympatico MSN Finance, Canada- Take for example, the current anxiety about credit cards and the implications of credit card debt that is falling into arrears. As a result of the recession, some claim we've all learned an important lesson about the perils of easy credit and ... -
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Investing: A new piggy bank - CanadianBusiness.com
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As of: 2009-03-19
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Investing: A new piggy bank- CanadianBusiness.com, Canada- By Rob Gerlsbeck The new Tax-Free Savings Accounts introduced by the federal government are a welcome piece of good news. But most of us are still trying to figure out how to make the best use of them. Here are the basics: Anyone over 18 can invest up ... -
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Book offers advice on taxes, investment - Lindsay Daily Post
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As of: 2009-03-19
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Book offers advice on taxes, investment- Lindsay Daily Post, Canada- Their goal is to share information already available to investment advisors, insurance agents, and bankers with individuals who are interested in planning for retirement or who are already retired. "Investing for Retirement and Taxes for Canadians" ... -
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Fed expands borrowing facility - National Post
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As of: 2009-03-19
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Fed expands borrowing facility- National Post, Canada- The additional new ABS categories complement the consumer and small business loan categories that were already eligible -- ABS backed by auto loans (including auto floorplan loans), credit cards loans, student loans, and SBA-guaranteed small business ... -
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Life after bailouts - Globe and Mail
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As of: 2009-03-19
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Voice of America- Life after bailouts- Globe and Mail, Canada- Further bailouts would have been received with repugnance, after the fury this week over bonuses to employees of the bailed-out insurance company American International Group Inc. Moreover, the Federal Reserve has left itself hardly any room to keep ...- US Federal Reserve announces massive increase in government debt Center for Research on Globalization- all 5,230 news articles -
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Canadian life insurers face downgrades - Financial Post
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As of: 2009-03-19
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Canadian life insurers face downgrades- Financial Post, Canada- Canadian life insurers face downgrades as a "global contagion" in equity markets hurts earnings of companies such as Manulife Financial Corp. and Sun Life Financial Inc. AM Best Co. lowered its outlook Thursday for Canada's life insurance industry to ...- AM Best revises outlook on Canadian life insurance market to negative Investment Executive- all 11 news articles -
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Parts makers call for lifeline - Financial Post
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As of: 2009-03-19
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Boston Globe- Parts makers call for lifeline- Financial Post, Canada- The APMA is also seeking $1-billion in repayable loans for Canadian firms. Stephen Harper, the Prime Minister, and Dalton Mc-Guinty, Ontario's Premier, have said they intend to move in step with the United States to aid the auto industry, ...- $5-billion bailout for US car parts makers Globe and Mail- Linamar chief hopeful aid on way for parts Guelph Mercury- US auto suppliers to get US$5 billion in aid CTV.ca- 570 News - ReportonBusiness.comall 1,206 news articles -
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Workers end occupation of Chrysler supplier - Financial Post
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As of: 2009-03-19
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CTV.ca- Workers end occupation of Chrysler supplier- Financial Post, Canada- A dispute over severance pay that saw Canadian Auto Workers union members storm a car-parts plant in Windsor and threaten production at several of Chrysler LLC's North American assembly factories is just the latest flashpoint in a growing storm ...- Waning demand forces Chrysler to cut one of its minivan shifts Canada.com- GM workers heed advice Oshawa Express- What can GM be thinking? Financial Post- Financial Postall 316 news articles -
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Looking for Someone to Blame - Canada Free Press
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As of: 2009-03-19
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Canada Free Press- Looking for Someone to Blame- Canada Free Press, Canada- The fragility of the banking system was evident to all when, starting around 1989, savings and loan banks began collapsing, requiring the government to create a Resolution Trust Corporation which closed hundreds of insolvent banks. ... -
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French unions call for strike over economy - Globe and Mail
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As of: 2009-03-19
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French unions call for strike over economy- Globe and Mail, Canada- Credit is tight, the auto industry is in trouble and housing starts are down. Unemployment is on the rise, reaching 8.2 per cent at the beginning of the year. Yet the jobless rate remains below what it was for most of the past 15 years. ... -
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Servus income for '08 drops three per cent - Edmonton Journal
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As of: 2009-03-19
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Servus income for '08 drops three per cent- Edmonton Journal, Canada- Servus Credit Union said Wednesday lower margins and the cost of amalgamating three credit unions into one caused its 2008 income to dip three per cent. The Edmonton-based credit union reported combined income before dividends and taxes of $90.5 ... -
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WEB EXTRA: Valley First upgrades banking system - Penticton Western
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As of: 2009-03-19
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WEB EXTRA: Valley First upgrades banking system- Penticton Western, Canada- The new program, specifically for Canadian credit unions, is all in plain English and looks like something you'd use on the Internet. "It's a lot more straight forward for our member services representatives to use." Only one week into the system, ... -
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Unions balk at cries for pension reform - Globe and Mail
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As of: 2009-03-19
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Unions balk at cries for pension reform- Globe and Mail, Canada- Now, the group of seven corporations wants Ottawa to approve a permanent change to a 10-year amortization system, but remove restrictions such as having companies obtain letters of credit or plan member consent. Thomas d'Aquino, president of the ... -
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Tension between what's right and what works in the battle over ... -...
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As of: 2009-03-19
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Tension between what's right and what works in the battle over ...- National Post, Canada- Even so, subscribers with enough wealth may want to pay a second time, in favour of private insurance, choosing their own care. To avoid this double system, the Canadian government chose to legislate a monopoly for the public health insurance system. ...- It's controversial, but it's the right answer Owen Sound Sun Times- Critic of Canada-style healthcare gets rough ride from US politicians Lethbridge Herald- all 35 news articles -
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AIG boss urges staff to return bonus pay - Globe and Mail
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As of: 2009-03-19
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guardian.co.uk- AIG boss urges staff to return bonus pay- Globe and Mail, Canada- AIG chairman and chief executive Edward Liddy told a congressional subcommittee probing the government bailout of the New York-based insurance giant that he's heard the outrage of Americans, loud and clear. "We've attempted to amend the situation," Mr. ...- Obama team anger simmers over AIG bonuses The Gazette (Montreal)- Was the Bailout Itself a Scam? Center for Research on Globalization- all 14,230 news articles -
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Concordia University switches health plan providers after ... - The Gate...
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As of: 2009-03-19
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Concordia University switches health plan providers after ...- The Gateway Online, Canada- The National Student Health Network is managed by the CFS-Services, and serves as a buying consortium of student associations for negotiating health and dental insurance plans. CFS-Services provides services to CFS members, but operates under separate ... -
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Day with no reported car theft hailed - Winnipeg Sun
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As of: 2009-03-19
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Nanaimo Daily News- Day with no reported car theft hailed- Winnipeg Sun, Canada- On that seemingly routine winter Tuesday, not one person in the whole city reported a stolen car. Manitoba Public Insurance says that's the first time Winnipeg has gone an entire day without an auto theft in decades. "Back in 2004, it wasn't unusual to ...- Car thieves take a day off in Winnipeg Canada.com- Brake into cheers: Winnipeg hits positive auto theft milestone CBC.ca- Winnipeg sees zero auto thefts during a 24-hour period on March 3 Canadian Underwriter- Winnipeg Sunall 17 news articles -
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Car dealers offer incentives - Owen Sound Sun Times
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As of: 2009-03-19
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Car dealers offer incentives- Owen Sound Sun Times, Canada- It offers a type of insurance that allows consumers negatively affected by events beyond their control, such as job loss or injury, to simply hand in their vehicle and "walk away" from their payments. While the auto industry has been getting a lot of ... -
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Young serial car thief kicked out of Winnipeg - Canada.com
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As of: 2009-03-19
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Young serial car thief kicked out of Winnipeg- Canada.com, Canada- The boy comes from a family whose members are responsible for more than 180 prior auto-theft convictions - and which has been successfully sued by Manitoba Public Insurance for $110000. Police consider the blood-tied crime crew to be among the ?worst ... -
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Winnipeg hits milestone - no auto thefts reported for 24 hours - iNews88...
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As of: 2009-03-19
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Winnipeg hits milestone - no auto thefts reported for 24 hours- iNews880.com, Canada- WINNIPEG - It hasn't happened in a long time - the so-called car-theft capital of Canada has had its first theft-free day. Manitoba Public Insurance says no vehicles were reported stolen in Winnipeg for 24 hours on March 3. Insurance CEO Marilyn ... -
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Capitol Hill?s capital investments: double standard? - TheChronicleHeral...
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As of: 2009-03-19
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Capitol Hill?s capital investments: double standard?- TheChronicleHerald.ca, Canada- One after another, the lords of the US Senate rose to their feet on Tuesday to express outrage that the executives of insurance giant AIG, which has received $180 billion in federal bailouts, ladled out $165 million of it to themselves. ... -
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How one mutual fund gained 94% this year - Globe and Mail
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As of: 2009-03-19
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Globe and Mail- How one mutual fund gained 94% this year- Globe and Mail, Canada- Unlike most peers in the mutual fund world, Steve Martin has been able to defy gravity in the market collapse. The 28-year-old manager runs Creststreet Alternative Energy Fund - the top mutual fund performer last year with a 142-per-cent gain. ... -
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Harmonization would more than double taxes paid by investors: IFIC - Inv...
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As of: 2009-03-19
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Harmonization would more than double taxes paid by investors: IFIC- Investment Executive, Canada- Investors in mutual funds already pay higher GST, Amsden said, since the sales tax applies to 100% of the services provided to the mutual funds, including salaries of all the service-providers. In contrast, the GST faced by deposit instruments applies ... -
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Tofino may get funds for tsunami sirens after all - Canada.com
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As of: 2009-03-19
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The Westerly- Tofino may get funds for tsunami sirens after all- Canada.com, Canada- On the West Coast this week to make infrastructure funding announcements, BC Minister of Community Development Kevin Krueger and Nanaimo-Alberni Conservative MP James Lunney both said money could be available for a siren system, which local emergency ...- Election becomes battle of ex-mayors Alberni Valley News- Government grant money flows to West Coast for infrastructure Canada.com- Officials deal with unique homelessness in Ucluelet Canada.com- all 6 news articles -
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We'll give some back: AIG chief - Canada.com
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As of: 2009-03-19
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guardian.co.uk- We'll give some back: AIG chief- Canada.com, Canada- Liddy was named AIG's chief executive last September - at an annual salary of $1 - when the US government provided the company with emergency loans and became its majority stakeholder. While the executive bonuses were negotiated before Liddy's arrival, ...- Return 'distasteful' bonuses: AIG National Post- How big is too big to fail? The AIG saga CBC.ca- Return bonus money or we'll tax it away from you: Congress to AIG CBC.ca- Canada.comall 14,230 news articles -
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Lack of funds may halt UN's humanitarian air service in Africa - CBC.ca
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As of: 2009-03-19
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Voice of America- Lack of funds may halt UN's humanitarian air service in Africa- CBC.ca, Canada- ... medicine and other relief, they aren't as forthcoming with funds to transport workers to administer this aid, she said. The service flies humanitarian aid workers, journalists and others to some of the hardest-to-reach emergency operations. ...- UN to Ground West Africa Humanitarian Air Service DigitalJournal.com- all 38 news articles -
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What you need to know about Quebec budget 2009 - CBC.ca
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As of: 2009-03-19
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What you need to know about Quebec budget 2009- CBC.ca, Canada- A $500-million emergency fund set up with the FTQ Solidarity Fund and the Société générale de financement. An $825-million fund to finance venture capital funds in partnership with the Caisse de dépôt et financement du Québec and the FTQ Solidarity ... -
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