| INSURANCE NEWS - | |
| US Fed boss says bank exam results should buoy confidence - AOL Canada | As of: 2009-05-11 |
| Straits Times- US Fed boss says bank exam results should buoy confidence- AOL Canada, Canada- WASHINGTON - US Federal Reserve chairman Ben Bernanke says results of the government's unprecedented "stress tests" of the 19 largest US banks should bolster Americans' battered confidence in the US banking system. The much-anticipated results, ...- US banks race to fill $74.6 billion stress test hole Reuters Canada- all 692 news articles - | |
| Canadian banks playing catch-up - Globe and Mail | As of: 2009-05-11 |
| Canadian banks playing catch-up- Globe and Mail, Canada- It seems that our wonderful Canadian banks aren't better than their US counterparts at everything. US banks helped launch a global recession with their bad mortgage lending decisions, and they've gulped down billions in federal rescue funding. ... - | |
| Credit crisis brings banks in greater alignment with government ... - In... | As of: 2009-05-11 |
| Credit crisis brings banks in greater alignment with government ...- Investment Executive, Canada- By James Langton Some governments have seen their ability to support their national banking systems eroded by the effects of the financial crisis, and so ratings on banks in these countries may be affected, says Moody's Investors Service. ... - | |
| US banks finance without Washington - Globe and Mail | As of: 2009-05-11 |
| US banks finance without Washington- Globe and Mail, Canada- Bank of America and Morgan Stanley sold bonds on Friday outside the government's Temporary Liquidity Guarantee Program (TLGP). TD Waterhouse said the moves are part of ?an effort to wean themselves from government support.? These bond issues followed ... - | |
| Chemtrade Logistics Income Fund reports 2009 first quarter results - Can... | As of: 2009-05-11 |
| Chemtrade Logistics Income Fund reports 2009 first quarter results- Canada NewsWire (press release), Canada- Net interest expenses were lower in the first quarter of 2009 due mainly to lower usage of operating lines of credit, partially offset by the impact of the weaker Canadian dollar relative to the US dollar on US dollar denominated interest expense. ... - | |
| Collection agencies: the new big brother? - Globe and Mail | As of: 2009-05-11 |
| Collection agencies: the new big brother?- Globe and Mail, Canada- Collection agencies, who have seen the number of accounts they have to deal with soar since the start of the economic downturn, are busy calling and sending letters to embattled debtors and, as the economic situation worsens, have begun using tougher ... - | |
| CA-BUSINESS Summary - ReportonBusiness.com | As of: 2009-05-11 |
| CA-BUSINESS Summary- ReportonBusiness.com, Canada- TORONTO (Reuters) - General Motors Corp would have to provide adequate warning if it planned to file for bankruptcy protection or it would risk bringing further distress to the automotive industry, Canada's industry minister said on Monday. ...- CA-BUSINESS Summary ReportonBusiness.com- all 38 news articles - | |
| Feds order CAW to cut GM labour costs: Lewenza - Canada.com | As of: 2009-05-11 |
| Feds order CAW to cut GM labour costs: Lewenza- Canada.com, Canada- The governments said they would also provide debtor-in-possession financing for GM in the event it needs to seek bankruptcy protection, Mr. Lewenza said. ?This is an unbelievable situation,? Mr. Lewenza said. He said the CAW would do everything it can ...- CAW union says pressing for new GM Canada deal Reuters Canada- all 22 news articles - | |
| Hamilton mayor only focused on Balsillie - Globe and Mail | As of: 2009-05-11 |
| Hamilton mayor only focused on Balsillie- Globe and Mail, Canada- Salermo said Moyes has lost more than $200-million in equity and more than $100-million in debt with the Coyotes, although some of the debt will be paid as part of the bankruptcy settlement. Meanwhile in Hamilton, a newspaper reported on Saturday that ... - | |
| International Paper Announces Debt Tender Offer - Stockhouse | As of: 2009-05-11 |
| International Paper Announces Debt Tender Offer- Stockhouse, Canada- In addition to the applicable purchase price, accrued and unpaid interest up to, but not including, the settlement date, will be paid in cash on all validly tendered bonds accepted for purchase in the tender offer. The settlement date for the tender ... - | |
| Newalta Announces First Quarter 2009 Results - Canada NewsWire (press re... | As of: 2009-05-11 |
| Newalta Announces First Quarter 2009 Results- Canada NewsWire (press release), Canada- The options granted under the 2006 Plan and the Option Plan are accounted for as stock appreciation rights since they may be subject to a net cash settlement provision. Accordingly, they are re-measured at each balance sheet date to reflect the net ... - | |
| Suze Orman takes the wrong road on credit card payment - Globe and Mail | As of: 2009-05-11 |
| Suze Orman takes the wrong road on credit card payment- Globe and Mail, Canada- The lyrics go something like this: Instead of erasing the balance on your credit card in one swift blow, put down the minimum payment and stash the rest of your cash in an emergency savings account. The financial guru's advice hits some sour notes. ... - | |
| House of Commons begins historic credit and debit card inquiry - Canada ... | As of: 2009-05-11 |
| House of Commons begins historic credit and debit card inquiry- Canada NewsWire (press release), Canada- The hearings signal the first time that credit and debit card issues have been examined by Parliament. "Parliamentary hearings on the abuse of Canadian merchants and consumers by credit card companies represent an historic opportunity for Canada to ... - | |
| Financial planning key for students to avoid growing debt - Metro Canada... | As of: 2009-05-11 |
| Financial planning key for students to avoid growing debt- Metro Canada - Calgary, Canada- They can be as simple as a debit card and the small fee it incurs when it's used to buy lunch, LeBoldus says. Or it could be that private gym membership when the school gym charges next to nothing. Credit cards, surprisingly enough, don't appear as the ... - | |
| Small businesses cling to plastic - NEBS Small Business News | As of: 2009-05-11 |
| KYW1060.com- Small businesses cling to plastic- NEBS Small Business News, Canada- A trend among small businesses in the US is to use credit cards to fund these purchases and other more major expenses. According to the National Small Business Administration, almost 60 percent of small businesses said they used credit cards in the ...- Small Businesses Hugely Reliant on Credit Cards According to New ... Stockhouse- Vanishing Credit Lines for Consumers and Small Businesses HoweStreet.com- all 36 news articles - | |
| Be wary of buy-and-hold mantra - Canada.com | As of: 2009-05-11 |
| Be wary of buy-and-hold mantra- Canada.com, Canada- Despite the thousands of TV commercials, radio announcements and newspaper stories touting the importance of global equities and stock market investing, she held steadfast in her risk aversion. Her parents had actually lived through the depression, ... - | |
| Silver's Rally Continues - Silver Investing News | As of: 2009-05-11 |
| Silver's Rally Continues- Silver Investing News, Canada- By Melissa Pistilli-Exclusive to Silver Investing News As the fundamentals behind the US economy continue to teeter on the edge, gold and silver prices are posting impressive gains. Once again, silver is outperforming gold in its week long price rally ... - | |
| Significant tourism investment coming over next two years - Kings County... | As of: 2009-05-11 |
| Significant tourism investment coming over next two years- Kings County Record, Canada- It's called the Marquee Tourism Events program, a two-phase plan for investing more than $100 million over the next two years. The events included in this program already occur annually, have a long-standing tradition of excellence in programming and ... - | |
| Great-West on lookout for battered US lifecos - Globe and Mail | As of: 2009-05-11 |
| Great-West on lookout for battered US lifecos- Globe and Mail, Canada- Great-West Lifeco Inc. GWO-T is looking for acquisition opportunities in the US, where the life insurance industry will be transformed by a wave of deals, its chief executive officer says. "We are looking there, and we are interested in doing ... - | |
| Say on pay? How undignified - Globe and Mail | As of: 2009-05-11 |
| Say on pay? How undignified- Globe and Mail, Canada- It might be in the form of a mutual fund, a variable annuity, a life insurance policy. Doesn't matter. The amounts are so large that its operating companies are major players in the capital markets. Pick any of the largest 60 public companies in Canada ... - | |
| Road-ragers generally 'underachievers' - Canada.com | As of: 2009-05-11 |
| Road-ragers generally 'underachievers'- Canada.com, Canada- Despite obtaining the licence plate number of the beige pickup truck that hit her, Ho, after speaking to Insurance Corporation of British Columbia and police, is left wondering whether the driver will ever be punished since no witnesses have come ... - | |
| How the wheels came off - Canada.com | As of: 2009-05-11 |
| How the wheels came off- Canada.com, Canada- The collapse of the North American auto market and the death rattles heard from Detroit's Big Three ? General Motors, Ford and Chrysler ? didn't happen overnight and was not caused by a single failing. Instead, it took a perfect storm of product-line ... - | |
| What The Brick can teach CanWest - Globe and Mail | As of: 2009-05-11 |
| What The Brick can teach CanWest- Globe and Mail, Canada- The Brick pulled off a tidy little deal, but one that is hugely dilutive to existing unit holders in the trust. However, this is seen as far more palatable than other options, such as a court-supervised filing for creditor protection that would wipe ... - | |
| Newspapers: The Credibility Question - Canada Free Press | As of: 2009-05-11 |
| Newspapers: The Credibility Question- Canada Free Press, Canada- Its writers are uniformly liberal in their outlook, but occasionally they rise from their stupor and wonder out loud why people no longer trust newspapers like they once did. Greg Mitchell, E&P's editor, recently noted that, ?When the watchdogs are ... - | |
| Mennonite Savings and Credit Union Employee Recognized as National ... -... | As of: 2009-05-11 |
| Mennonite Savings and Credit Union Employee Recognized as National ...- Exchange Morning Post, Canada- Kitchener - Shawn Good, Manager Branch Operations at Kitchener-based Mennonite Savings and Credit Union (MSCU), was recognized with the National Young Leaders Award at a ceremony held Wednesday May 6 in Halifax. The National Young Leaders Award ... - | |
| Defining a deficit: What it means today, for the future - CBC.ca | As of: 2009-05-11 |
| Defining a deficit: What it means today, for the future- CBC.ca, Canada- "Deficits are a natural consequence of an economic downturn," said Helmut Pastrick, chief economist with Vancouver's Central 1 Credit Union, which provides services to 200 credit unions in British Columbia and Ontario. Regardless of what word you use, ... - | |
| Health-care industry pledges $2 trillion in savings, Obama says - CBC.ca | As of: 2009-05-11 |
| FOXNews- Health-care industry pledges $2 trillion in savings, Obama says- CBC.ca, Canada- "This is an historic day, a watershed event in the long elusive quest for health-care reform," Obama said on Monday in the White House. The president met with organizations and associations in the health-care industry, including insurance and ...- Obama says health overhaul could save trillions National Post- Questions and answers on health care plan Maximum Edge- Obama says healthcare overhaul could save US trillions National Post- National Post - Maximum Edgeall 4,612 news articles - | |
| Lorne Gunter: No freed rides - National Post | As of: 2009-05-11 |
| National Post- Lorne Gunter: No freed rides- National Post, Canada- ... American-style health care. With seniors having to pay part of their prescription costs, the sinister theory goes, there will be a market created for private insurance to cover the balance. But that's a fear that has no substance. ...- Healthcare rally held outside Legislature Saturday afternoon iNews880.com- all 4 news articles - | |
| High health costs hit women hardest - National Post | As of: 2009-05-11 |
| National Post- High health costs hit women hardest- National Post, Canada- President Barack Obama renewed his push for healthcare reform on Monday at a joint appearance with the American Medical Association, America's Health Insurance Plans and the American Hospital Association. The trade groups have pledged to reduce the ... - | |
| US healthcare suddenly stumbles on $2 trillion in savings. (It was ... -... | As of: 2009-05-11 |
| US healthcare suddenly stumbles on $2 trillion in savings. (It was ...- National Post, Canada- This creates an enormous financial draw on the amount of money available for health care - unlike the Canadian situation where there is only one insurance company per province (the government). On the other hand, it represents opportunity for savings ... - | |
| Ontario: Gambling with Auto Insurance? - Wire Service Canada (press rele... | As of: 2009-05-11 |
| Ontario: Gambling with Auto Insurance?- Wire Service Canada (press release), Canada- The Ontario government is considering dangerous changes to your car insurance benefits. But don't worry. Under the proposed new law, you'll be fine if you get into an accident? as long as you don't get seriously hurt. So... feeling lucky? ... - | |
| Matchbox toy-car sets strikingly valuable - The Province | As of: 2009-05-11 |
| Matchbox toy-car sets strikingly valuable- The Province, Canada- Nigel Matthews is the specialty vehicle program manager for the Insurance Corp. of BC's Collector Car program. He assists enthusiasts in the licensing and insurance of antique and collector vehicles. www.icbc.com. - | |
| What's your vehicle costing you? - Canada.com | As of: 2009-05-11 |
| What's your vehicle costing you?- Canada.com, Canada- Vehicle depreciation generally ranks higher and so might the cost of vehicle insurance or even financing costs attached to a vehicle loan. The compact car example used is the Chevrolet Cobalt LT. Based on a predicated trade-in value at the end of the ... - | |
| Foiled getaway nets $2000-plus in fines - Kings County Record | As of: 2009-05-11 |
| Foiled getaway nets $2000-plus in fines- Kings County Record, Canada- By Charlene MacKenzie A "good ol' boys" test drive of a $600 car turned into an expensive heap of fines for Mitchell Sherwood-Purtill in court May 7. The 20-year-old Jeffries Corner man was scheduled for trial on two charges but changed his plea to ... - | |
| Grant helps expands counselling service - Northern Daily News | As of: 2009-05-11 |
| Grant helps expands counselling service- Northern Daily News, Canada- The Credit Counselling Services provides assistance to individuals and families experiencing financial difficulty. Services include a debt repayment program, money management counselling, creditor intervention and preventative education. ... - | |
| Three simple steps to retirement planning - Santa Rosa Press Democrat | As of: 2009-05-11 |
| Three simple steps to retirement planning- Santa Rosa Press Democrat, CA- Whether retirement is in your distant future or just a few years away, creating a retirement plan doesn't need to be complicated. These three steps for retirement planning are a good place to start on the right path to a predictable income stream after ... - | |
| Commentary: Connect @ Home: Retirement planning in the current economy -... | As of: 2009-05-11 |
| Commentary: Connect @ Home: Retirement planning in the current economy- Eden Prairie News, MN- Determining how much money will be needed in retirement starts with knowing how much you spend. Update your monthly spending plan of expenses for savings, housing, transportation, health, food, payments, and recreation. Determine whether you will need ... - | |
| Reset your retirement plan - The Coloradoan | As of: 2009-05-11 |
| Reset your retirement plan- The Coloradoan, CO- The question is what does this mean for those trying to do a credible job at retirement planning. For many, it is time to "reset" the retirement planning button for a whole host of reasons. First, it might easily take the markets another two to five ... - | |
| Reassessing investment plan in a recession - NJBIZ | As of: 2009-05-11 |
| NJBIZ- Reassessing investment plan in a recession- NJBIZ, NJ- But he said fear can drive some people to freeze when it comes to retirement planning. ?It may be OK to sit on your hands for a little while, but that's not a good strategy for the long term,? DeGraw said. ?If you sit still, inflation will just drag ... - | |
| Stocks Go Down, Complaints Go Up - Washington Post | As of: 2009-05-11 |
| Stocks Go Down, Complaints Go Up- Washington Post, United States- Certified financial planners, who advise clients on their overall financial picture, including spending levels, insurance coverage and retirement planning, haven't emerged unscathed. Diahann Lassus, chairman of the National Association of Personal ... - | |
| John Gin chats about investing today at 12 noon - The Times-Picayune - N... | As of: 2009-05-11 |
| The Times-Picayune - NOLA.com- John Gin chats about investing today at 12 noon- The Times-Picayune - NOLA.com, LA- John Gin, CFP, is a Private Wealth Advisor with Ameriprise Financial in Metairie, where his practice focuses on retirement planning, estate planning, tax management and multi-generational planning. John has written the weekly Money Watch column for The ... - | |
| We still love mutual funds but ETFs gaining ground - Canada.com | As of: 2009-05-11 |
| The Money Times- We still love mutual funds but ETFs gaining ground- Canada.com, Canada- By Jonathan Chevreau, Financial PostMay 8, 2009 With stock markets resurgent and rising consumer acceptance of exchange-traded funds (ETFs), the mutual fund industry may before year-end witness the prospect of its rival reaching US$1-trillion in assets ...- Investing: Breeding wealth CanadianBusiness.com- all 32 news articles - | |
| Canada's the place to be, says US mutual fund manager - Canada.com | As of: 2009-05-11 |
| Canada's the place to be, says US mutual fund manager- Canada.com, Canada- Loest, senior portfolio manager, would love to have you to invest in his fund, but it is not possible for foreigners to invest in US mutual funds. "You guys are liable to be terrorists," he says, and, yes, he is joking. "It's just about impossible for ... - | |
| GrowthWorks' first move into mutual funds won't be its last - Mo... | As of: 2009-05-11 |
| GrowthWorks' first move into mutual funds won't be its last- Morningstar.ca, Canada- by Rudy Luukko | 11 May 09 | E-mail Article to a Friend GrowthWorks Ltd.'s proposed takeover of Mavrix Fund Management Inc. (MVX/TSX) is the venture capital manager's first foray into the broader mutual fund industry. ... - | |
| Can you trust your financial advisor? - National Post | As of: 2009-05-11 |
| Can you trust your financial advisor?- National Post, Canada- We're forced to in effect run our own pension plans, which often means tapping into mutual funds or exchange-traded funds. There are so many of both that it's just as hard picking funds or ETFs as it is picking individual stocks. ... - | |
| Understand bottom line - TheChronicleHerald.ca | As of: 2009-05-11 |
| Understand bottom line- TheChronicleHerald.ca, Canada- It's reasonable to assume that almost everyone you know who is in the stock market ? directly or through mutual funds ? took a 35 to 40 per cent haircut last year and maybe a lot more. But that is no excuse for not opening up your statements to find ... - | |
| A complete financial plan in 140 characters - Canada.com | As of: 2009-05-11 |
| A complete financial plan in 140 characters- Canada.com, Canada- The first priority is to set up an emergency fund sufficient to last nine to 12 months, an especially good idea in this job market. In Canada, the new tax-free savings accounts are an ideal tax-efficient place to hold these funds. ... - | |
| Arnrpior Turns Down Hospital Request - myFM Radio News | As of: 2009-05-11 |
| myFM Radio News- Arnrpior Turns Down Hospital Request- myFM Radio News, Canada- A request from the Arnprior and District Memorial Hospital and Partners in Caring Foundation to have the town donate another $72000 to the emergency room fund has been turned down. The idea was for the town to charge the building and plumbing fees for ... - | |
| County pays $1.4 M for fire help - Sherwood Park News | As of: 2009-05-11 |
| County pays $1.4 M for fire help- Sherwood Park News, Canada- She estimated the funds will cover about 60 staff from Alberta Sustainable Resources Development. Having the province's assistance to watch the fire and attack hot spots will allow the county's emergency services to return its focus back to its ... - | |
| Making the most of family money - TheChronicleHerald.ca | As of: 2009-05-11 |
| Making the most of family money- TheChronicleHerald.ca, Canada- Even if an artist or a musician has no plans of creating any kind of portfolio beyond their own work, Chris Dobbin said education on money matters can still take them a long way. "Given what's happening in the economy, I believe everyone should have ... - | |
| The rich get robbed - and it's delicious TV - Globe and Mail | As of: 2009-05-11 |
| The rich get robbed - and it's delicious TV- Globe and Mail, Canada- Instead of working to earn more money, they believe in making their money work for them. They're rich so they want to be secretive about their investments. And, as is clear from the Madoff story, the rich also tend to think that being rich gives them ... - | |
| Corus looks to iTunes to boost Web traffic - Globe and Mail | As of: 2009-05-11 |
| Corus looks to iTunes to boost Web traffic- Globe and Mail, Canada- One other drawback, though, is that the more people listen online, costs go up for broadcasters since bandwidth costs money. "Our challenge with radio is just making sure we remain relevant as the world is changing." Satellite radio companies have ... - | |
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