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INSURANCE NEWS -
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US moves to ease 'fair value' accounting rules - Globe and Mail
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As of: 2009-04-03
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AFP- US moves to ease 'fair value' accounting rules- Globe and Mail, Canada- NEW YORK ? In a rare victory for Wall Street, the US accounting regulator is giving banks more leeway in determining how to value some of their most-troubled assets. Many in the financial industry believe the controversial new rules will reduce bank ...- FASB eases mark to market rules for US banks Investment Executive- Banks Get Break on Question of Fair Value OANDA Forex Blog- Mark to Market Madness ... Geithner Plan Shenanigans ... the ... HoweStreet.com- Investment Executive - HoweStreet.comall 1,004 news articles -
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The man from Kenora who battled Greenspan - Canada.com
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As of: 2009-04-03
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The man from Kenora who battled Greenspan- Canada.com, Canada- White challenged the former Federal Reserve chairman?s mantra that central bankers can?t effectively slow the causes of asset bubbles when he was chief economist at the Bank for International Settlements. As heads of state gather for tomorrow?s Group ... -
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Trent assistant prof tracks course of US mortgage crisis - Peterborough ...
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As of: 2009-04-03
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Trent assistant prof tracks course of US mortgage crisis- Peterborough Examiner, Canada- In the subprime mortgage crisis, not only were people getting mortgages who shouldn't have, but in the US there are mortgage lenders/brokers who profit from the number of mortgages they can put together, Greene said. Those lenders sold those mortgages ... -
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Ducks lurking in the weeds - Globe and Mail
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As of: 2009-04-03
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Ducks lurking in the weeds- Globe and Mail, Canada- The Ducks swept a pair of games in Western Canada this past week to win five in a row on the road and nine of 11 overall. This moves them into seventh place in a Western Conference playoff race that ? with 10 days to go ? appears to be down to three ... -
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US Interbank Lending Rates Slightly Lower After G20 Meeting - CEP News
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As of: 2009-04-03
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CEP News- US Interbank Lending Rates Slightly Lower After G20 Meeting- CEP News, Canada- Both are key measures of credit tightness in the US Elsewhere, the Canadian dollar Libor was flat at 0.50%, while the three-month Libor rose 2.17 bps to 1.02%. The Euro Libor fell 5.00 bps to 0.81%, while the three-month Libor declined 0.13 bps to ... -
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SFU PEOPLE IN THE NEWS - April 3, 2009 - Simon Fraser University News
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As of: 2009-04-03
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SFU PEOPLE IN THE NEWS - April 3, 2009- Simon Fraser University News, Canada- The Globe and Mail?s weekly Globe Roundtable discussed, among other things, the US and Canadian handling of the General Motors restructuring and the G20 meetings in London. Public policy prof Doug McArthur is a member of the group, and said: On GM: ... -
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America's Proxy "War on Terrorism" in Pakistan - Center fo...
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As of: 2009-04-03
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Center for Research on Globalization- America's Proxy "War on Terrorism" in Pakistan- Center for Research on Globalization, Canada- He said the prevailing economic situation was "not very positive", as tax collection had fallen, imports were very high, real effecting exchange rate was functioning at the level of last year and the ministries' expenses had increased by Rs 100 billion ... -
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Arctic College could get $11 million - Northern News Services (subscript...
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As of: 2009-04-03
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Northern News Services (subscription)- Arctic College could get $11 million- Northern News Services (subscription), Canada- Nunavut territorial government agencies will benefit from another $2 million for building and equipping a new research ship to study the fisheries in Nunavut's waters. Resolute stands to be the single largest beneficiary among Nunavut's hamlets, ... -
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Magna Entertainment agrees to hire restructuring officer for sale - Fina...
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As of: 2009-04-03
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The Plain Dealer - cleveland.com- Magna Entertainment agrees to hire restructuring officer for sale- Financial Post, Canada- Magna attorney Brian Rosen told the judge overseeing the bankruptcy that a chief restructuring officer would ensure open bidding for the company's assets, including Pimlico Race Course in Baltimore and its other major race courses, such as Santa Anita ...- Adjournment of Magna Entertainment chapter 11 bankruptcy hearing CNW Telbec (Communiqué de presse)- Hearing postponed in Magna bankruptcy Metro Canada - Halifax- Magna Entertainment hearing postponed Globe and Mail- all 152 news articles -
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NXA Inc. Announces Initial Closing of Shares for Debt Transaction - Cana...
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As of: 2009-04-03
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NXA Inc. Announces Initial Closing of Shares for Debt Transaction- Canadian Mining Journal, Canada- Pursuant to the Shares for Debt Transactions, Robert J. Metcalfe, a director of the Company, was issued 1673315 Common Shares in settlement of debt in the aggregate amount of $83665.80 with respect to consulting services and director fees. ... -
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Orebodies Arranges Debt Settlement - Canadian Mining Journal
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As of: 2009-04-03
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Orebodies Arranges Debt Settlement- Canadian Mining Journal, Canada- The completion of the shares for debt settlement is subject to the approval of the TSX Venture Exchange (the Exchange). The company intends to apply to the Exchange for the approval of the shares for debt settlement in due course. ... -
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Private financing gets lift - Financial Post
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As of: 2009-04-03
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Private financing gets lift- Financial Post, Canada- "This is a good news story from the otherwise depressing, moribund world of private-equity investing," said Eckert, referring to his firm's first major deal of 2009. "It took so long because it was so complex. Introducing a third party increases the ... -
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Liberals investing in clean energy in North - Prince George Citizen
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As of: 2009-04-03
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Liberals investing in clean energy in North- Prince George Citizen, Canada- The BC Liberal government is investing $10.9 million in north-central BC to help commercialize technology that could produce energy and fuels from wood waste. The funding comes from the province's Innovative Clean Energy Fund, created as part of the ... -
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Week in Video - Globe and Mail
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As of: 2009-04-03
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Week in Video- Globe and Mail, Canada- The building blocks of retirement 27509 (The Globe and Mail) Rob Carrick's Let's Talk Investing web show continues to reach an ever growing audience. His three-part interview with BMO's Sherry Cooper looked at issues related to retirement. ... -
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Gov't pays $6M to terminate investment deal - StarPhoenix
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As of: 2009-04-03
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Gov't pays $6M to terminate investment deal- StarPhoenix, Canada- The Saskatchewan Party government is paying $6 million to end its contract with a Regina-based company that handled the province's investment portfolio. Enterprise and Innovation Minister Lyle Stewart said the negotiated settlement terminating the ... -
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Comcast Tunes Into Success (CMCSA) - Investopedia
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As of: 2009-04-03
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Comcast Tunes Into Success (CMCSA)- Investopedia, Canada- (To learn more about investing in companies such as these, be sure to check out our Telecommunications Industry Handbook.) By Greg Sushinsky Greg Sushinsky is a passionate independent investor, who has done his own research, analysis and investing for ... -
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Cap on auto-insurance injury claims penalizes some: NB consumer ... - CB...
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As of: 2009-04-03
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Cap on auto-insurance injury claims penalizes some: NB consumer ...- CBC.ca, Canada- Godin said changes are needed because some injuries that result in partial impairment for life are considered minor under the law as it stands. There are almost 200 lawsuits before the courts challenging the legislation. Godin said he isn't calling for ...- Advocate slams soft-tissue injury definition Daily Gleaner- Serious injuries being termed 'minor': advocate Times and Transcript- all 4 news articles -
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Students preparing for life after graduation - Northern Daily News
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As of: 2009-04-03
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Students preparing for life after graduation- Northern Daily News, Canada- The organization is pushing for more upfront non-repayable grants and advocating for a reprieve for graduates who are on employment insurance and have to repay their student loans. Zach Churchill said changes are being made to help students, ... -
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Chrysler, Fiat work on alliance - Canada.com
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As of: 2009-04-03
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Seattle Post Intelligencer- Chrysler, Fiat work on alliance- Canada.com, Canada- But Chrysler, which is under a March 31 deadline to prove to the US government that it can be made viable, must obtain additional government loans before securing other options, Press said. "We are in the process now of our due diligence phase," Press ...- Wall Street Journal says banks balk at efforts to cut Chrysler debt Lethbridge Herald- Chrysler saviour? Fiat boss has Canadian ties Canada.com- Chrysler's fate in hands of Fiat's Canadian CEO Canada.com- all 251 news articles -
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Ford needs its own deal with the union -- urgently - Canada.com
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As of: 2009-04-03
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Reuters- Ford needs its own deal with the union -- urgently- Canada.com, Canada- For Ford, which has not asked for government loans, legacy costs are the main target in its effort to keep building vehicles at its two Ontario plants in Oakville and St.Thomas. In coffee shops across Ontario?s ailing manufacturing belt, retirees such ...- Ford wants deeper concessions than GM workers accepted; report Metro Canada - Vancouver- Ford Canada aims to slash legacy costs: source Reuters Canada- all 18 news articles -
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Servus CEO who was paid $3.6M bonus to retire on April 30 - CBC.ca
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As of: 2009-04-03
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Servus CEO who was paid $3.6M bonus to retire on April 30- CBC.ca, Canada- At the time, board chair Bill Anhorn said Blakely was given the money because it was possible he could have lost his job when Servus merged with two other Alberta credit unions last year. Instead of losing his job, Blakely was named CEO of the merged ...- Servus Credit Union CEO to resign Edmonton Journal- Servus CEO steps down Edmonton Journal- all 6 news articles -
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CCA Opens Digital Hall of Fame - DigitalJournal.com
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As of: 2009-04-03
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CCA Opens Digital Hall of Fame- DigitalJournal.com, Canada- What is the CCA, what does it do? CCA is a national association representing co-operatives and credit unions across Canada. It was originally created as the Co-operative Union of Canada on March 6, 1909 -- so we're 100 years old this year. ... -
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Health care attracts visitors to Malaysia - Canada.com
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As of: 2009-04-03
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Health care attracts visitors to Malaysia- Canada.com, Canada- Others want to have cosmetic procedures done that are not covered by their health insurance. The costs (ask for estimates before leaving home) in Malaysia are substantially less than in Canada, usually more than 50 per cent less, including round-trip ... -
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Kingsway names new head of Canadian operations - Globe and Mail
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As of: 2009-04-03
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Kingsway names new head of Canadian operations- Globe and Mail, Canada- The truck and car insurer currently does business in Canada through Mississauga, Ont.-based Kingsway General Insurance Co. and Montreal-based Jevco. "Serge's mandate is to streamline Kingsway Financial's approach to the Canadian market, ... -
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Insurance industry review delivers justice for auto accident ... - Canad...
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As of: 2009-04-03
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Insurance industry review delivers justice for auto accident ...- Canada NewsWire (press release), Canada- The family of Julia Rushnell, who lost her parents when a truck hit their car in a 2004 crash, could be forced to pay up to $300000 in deductibles, after more than four years of foot-dragging by the insurance company representing the truck's driver. ...- Lawyers like auto insurance report's findings CTV.ca- all 23 news articles -
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Planning for retirement - Malaysia Star
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As of: 2009-04-03
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Malaysia Star- Planning for retirement- Malaysia Star, Malaysia- ?We are aware though, that we do not have a formal retirement plan in place besides the EPF,? Kavitha admits. According to Great Eastern Life Assurance (M) Bhd executive vice-president and chief marketing officer Loke Kah Meng, only 34% of Malaysians ... -
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Mutual funds notch third month of net sales - Globe and Mail
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As of: 2009-04-03
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Mutual funds notch third month of net sales- Globe and Mail, Canada- Canadian investors stashed an estimated $420-million into mutual funds in March as global stock markets rallied, but that amount was a sharp decline from a year ago. While net inflows paled compared with $2.5-billion a year ago and $1.7-billion in ...- Money market king in US mutual fund industry National Post- Net sales of mutual funds in March between $168 million and $668 ... Stockhouse- TD Mutual Funds reports March sales and assets Canada NewsWire (press release)- Investment Executive - Globe and Mailall 76 news articles -
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Record cash sits on the sidelines - Globe and Mail
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As of: 2009-04-03
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Record cash sits on the sidelines- Globe and Mail, Canada- Economist Stéfane Marion at National Bank Financial calculates investors held $800-billion more in money market funds then they did in stock-focused mutual funds. Stock funds now account for only 34 per cent of the total assets in US mutual funds, ... -
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How to Buy Switzerland - National Post
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As of: 2009-04-03
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How to Buy Switzerland- National Post, Canada- Generally, I am wary of single-country investment funds, unless you count US or Canadian single country mutual funds or ETFs. Indeed, I was surprized to discover that Swiss stocks make up a whopping 8.4% of the iShares MSCI EAFE Index Fund. ... -
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Canada To Give $10 Billion To IMF Emergency Fund - Exchange Morning Post
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As of: 2009-04-03
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TVNZ- Canada To Give $10 Billion To IMF Emergency Fund- Exchange Morning Post, Canada- "Canada is to give an extra $10 billion in emergency aid to the International Monetary Fund (IMF) to assist emerging markets and developing countries, Prime Minister Stephen Harper said in a statement Wednesday.... The IMF has said it needs hundreds of ...- World leaders pledge US$1-trillon in aid Financial Post- Can the New Club Get It Right in London? Embassy- Brian Laghi and Eric Reguly, The Globe and Mail Business News Network- all 1,492 news articles -
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G20 ushers in a 'new world order' - Globe and Mail
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As of: 2009-04-03
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guardian.co.uk- G20 ushers in a 'new world order'- Globe and Mail, Canada- The G20 countries also agreed to rein in the world's financial system through the creation of international accounting standards, the regulation of debt-ratings agencies and hedge funds, a clampdown on tax havens and controls on executive pay. ...- G20 commits to $1-trillion global stimulus package CBC.ca- G20 leaders tout consensus, $1 trillion in aid CTV.ca- G-20 leaders pledge $1 trillion Standard Freeholder- RushPRnews.com (press release) - CanadianBusiness.comall 3,967 news articles -
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Province approves $1 million in CCTV funds for BC cities - 24 Hours Vanc...
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As of: 2009-04-03
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Province approves $1 million in CCTV funds for BC cities- 24 Hours Vancouver, Canada- ?Right now, it?s fully intended they would be temporary installations for the games,? Kevin Wallinger, the city?s director in the office of emergency management, said at the time. V2010-ISU, the RCMP unit, is recommending cameras be deployed along the ... -
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Canada denies passport to blacklisted citizen - Globe and Mail
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As of: 2009-04-03
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Canada denies passport to blacklisted citizen- Globe and Mail, Canada- WASHINGTON ? The Conservative government reversed itself today and denied an emergency passport to Abousfian Abdelrazik, preventing the Canadian citizen - blacklisted as a terrorist - from flying home to Montreal. In a terse explanation, ... -
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Hospital scrubs up for operation expansion - Georgina Advocate
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As of: 2009-04-03
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Hospital scrubs up for operation expansion- Georgina Advocate, Canada- The Markham Stouffville Hospital foundation will foot the bill for now, Ms Beed explained, adding the money is not from operating funds. When the project is funded by the provincial government, the money will be reimbursed to the hospital. ... -
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