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INSURANCE NEWS -
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Geithner sees healthier bank sector - Canada.com
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As of: 2009-06-09
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Straits Times- Geithner sees healthier bank sector- Canada.com, Canada- By Emily Kaiser And Corbett Daly, reutersmay 14, 2009 Timothy Geithner, the US Treasury Secretary, said small banks are next in line for government aid. The US financial system has completed a big part of the painful adjustment away from its ...- US moves to curb executive pay Globe and Mail- Administration to issue new Wall Street pay curbs Maximum Edge- Administration to issue new Wall Street pay curbs in United States KBS Radio- Canada.comall 1,457 news articles -
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US bank repayments to be sooner than expected - Canada.com
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As of: 2009-06-09
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US bank repayments to be sooner than expected- Canada.com, Canada- By Janet Whitman, Financial postjune 9, 2009 Less than eight months after receiving billions in bailout money from US taxpayers, some big US banks are poised to repay the funds. The payments, which are coming much sooner than expected, ... -
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New coalition sets standards for mortgages - Straight Goods
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As of: 2009-06-09
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New coalition sets standards for mortgages- Straight Goods, Canada- Our members are nonprofit loan brokers, lenders, loan counseling organizations, loan aggregation organizations, fair lending advocacy organizations, foundations and funders. Our members are leaders in the fields of fair access to capital and ... -
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Two Ways to Deleverage an Economy - HoweStreet.com
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As of: 2009-06-09
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Two Ways to Deleverage an Economy- HoweStreet.com, Canada- And the brokers don't really want those pension fund folks investing in India. Because they buy shares and hold them for 5 years or more, the brokerage commissions will collapse and the brokers will be out of jobs. Unlike China, India is not willing to ... -
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Unions set to take stake in Air Canada - Globe and Mail
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As of: 2009-06-09
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Globe and Mail- Unions set to take stake in Air Canada- Globe and Mail, Canada- 10, 2009 03:29AM EDT Air Canada's AC.BT five unions could acquire a 10-per-cent stake in the airline as management tries to repair its strained labour relations, avoid a strike and preserve cash to survive the recession. Under a tentative deal signed ... -
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And now for something altogether different - Macleans.ca
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As of: 2009-06-09
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And now for something altogether different- Macleans.ca, Canada- This certainly isn't the first time I have reached out to the business community like this? last year I spoke at a number of Chambers of Commerce, including Brandon and Calgary? as well, I spoke at the Canadian Club in Toronto. ... -
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Raitt feels backlash over 'sexy' comment - Winnipeg Sun
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As of: 2009-06-09
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Globe and Mail- Raitt feels backlash over 'sexy' comment- Winnipeg Sun, Canada- The reactor has been shut down since May 14 and is expected to remain offline for months until engineers can repair a heavy water leak. Raitt faced opposition demands to quit last week when secret documents from her office were accidentally left at ...- Raitt won't apologize London Free Press- all 694 news articles -
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Weekly Audit: ending the economic status quo - Rabble.ca
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As of: 2009-06-09
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Weekly Audit: ending the economic status quo- Rabble.ca, Canada- On issues ranging from payday loans to subprime mortgages, the banking industry continues to successfully defend itself against new regulations that would protect the consumer. As if that weren't outrage enough, the finance lobby has also joined other ... -
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LIFEmovement PRESENTS: KRS ONE Stop the Violence Movement Flyer - blogTO
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As of: 2009-06-09
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LIFEmovement PRESENTS: KRS ONE Stop the Violence Movement Flyer- blogTO, Canada- Through our roles in work and life we represent a large constituency of community organizations, agencies and grassroots groups who are all working toward similar goals. Today, this movement is comprised of people who love and work in the fields of ... -
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Quebecor World's independent directors prefer bankruptcy route to sa...
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As of: 2009-06-09
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Graphic Arts Online (press release)- Quebecor World's independent directors prefer bankruptcy route to sale- Financial Post, Canada- After extensive discussions with US commercial printing giant RR Donnelley, independent directors of Quebecor World have determined there is more value -- and less risk -- in emerging from bankruptcy protection next month as planned than in accepting a ...- Quebecor World rejects Donnelley offer MastheadOnline- RR Donnelley drops bid for Quebecor World Reuters Canada- all 77 news articles -
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Leaner Masonite to exit bankruptcy protection - Globe and Mail
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As of: 2009-06-09
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Leaner Masonite to exit bankruptcy protection- Globe and Mail, Canada- "I haven't seen one like this in 10 years," said the judge, Peter Walsh of the US Bankruptcy Court. He said the situation is all the more extraordinary because 95 per cent of the companies he's dealing with in the current crisis aren't able to ... -
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Ingredients for the decline of a food empire - Globe and Mail
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As of: 2009-06-09
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Globe and Mail- Ingredients for the decline of a food empire- Globe and Mail, Canada- His business, Jamie Kennedy Kitchens, has been on the verge of bankruptcy. Mr. Kennedy has decided to sell off its crown jewel, the Jamie Kennedy Wine Bar, in an effort to wrestle down a debilitating debt. Even so, the numbers are frightening. ... -
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US judge approves Chrysler motion to cut dealers - ReportonBusiness.com
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As of: 2009-06-09
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Canoe.ca- US judge approves Chrysler motion to cut dealers- ReportonBusiness.com, Canada- (Reuters) - A US bankruptcy judge on Tuesday approved Chrysler's motion to reject 789 dealers. The bankruptcy judge said the order rejecting dealership contracts was effective immediately. Reproduction or redistribution of Reuters content, ...- Re-born Chrysler still faces obstacles Financial Post- Judge OKs Chrysler plan to terminate franchises Globe and Mail- Chrysler dealers scramble to unload vehicles Maximum Edge- all 1,074 news articles -
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Talking tough with Israel - CBC.ca
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As of: 2009-06-09
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CBC.ca- Talking tough with Israel- CBC.ca, Canada- He talked about the world's debt to Islam, invoking its early contributions to medicine, mathematics, architecture and fine arts. I cannot begin to tally the number of times Muslims reminded me of those achievements during my years in the Middle East. ... -
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TriNorth Concerned Shareholders still waiting for answers about ... - Ca...
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As of: 2009-06-09
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TriNorth Concerned Shareholders still waiting for answers about ...- Canada NewsWire (press release), Canada- Q4: Why was the other 50% equity holding in the Russian company - the portion not held by TriNorth - not also diluted down to 5% with the debt settlement? Why did only TriNorth shareholders suffer this reduction? Q5: What happened to the balance of the ... -
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$100M proposed settlement reached in the Money Mart and Dollar ... - Can...
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As of: 2009-06-09
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$100M proposed settlement reached in the Money Mart and Dollar ...- Canada NewsWire (press release), Canada- Subject to Court approval, the parties to the class action have reached a settlement whereby the defendants will pay CDN$27.5 million in cash, a minimum of $43 million in debt forgiveness incurred on or before April 30, 2009 and $30 million in fully ... -
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Transport minister covered up for beleaguered Lisa Raitt: NDP. - Canada.com
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As of: 2009-06-09
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Transport minister covered up for beleaguered Lisa Raitt: NDP.- Canada.com, Canada- Last week it was revealed she had left sensitive, secret documents at CTV's Ottawa bureau for more than a week. Raitt says Prime Minister Stephen Harper refused her offer to resign over the documents, but that her press secretary, Jasmine MacDonnell, ... -
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Mixed reactions to credit card rules - Brock Press
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As of: 2009-06-09
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CTV.ca- Mixed reactions to credit card rules- Brock Press, Canada- Although many people were hoping for a cap on how much interest credit card companies could charge, the new regulations concerning credit cards announced by Finance Minister Jim Flaherty are still significant. Among the most beneficial changes is that ...- Finance minister does happy dance London Free Press- all 214 news articles -
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Purse in trunk not secure, Regina victim of credit card theft learns - R...
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As of: 2009-06-09
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Purse in trunk not secure, Regina victim of credit card theft learns- Regina Leader-Post, Canada- Police learned the credit card company involved had called the hotel to say the card's use the day before had been fraudulent. The card user was described as a male aged 50 to 60, weighing 220 to 260 pounds. The man didn't return to the room he'd ... -
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Do-it-yourself investing: A quick guide - Globe and Mail
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As of: 2009-06-09
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Do-it-yourself investing: A quick guide- Globe and Mail, Canada- For some insight on what you need to know if you decide to go it alone with your investment dollars, Rob Carrick talked to Paul Bates, a Bay Street veteran who is now the head of the DeGroote School of Business at McMaster University. ... -
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Take the risk out of saving for retirement - Canada.com
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As of: 2009-06-09
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Take the risk out of saving for retirement- Canada.com, Canada- By Jonathan Chevreau, Financial PostJune 4, 2009 Real-return bonds offer a smoother ride than stocks, argues the author of Worry Free Investing. After two stock-market crashes in a decade, investors may well ask if there's a safer way to grow their ... -
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Investing close to home - Nova News Now
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As of: 2009-06-09
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Investing close to home- Nova News Now, Canada- June 17, there will be a public meeting from 7 pm to 9 pm at the Port Williams Community Hall to explore local investment options. One of the organizers, Linda Best of Greenwich, says the time has come to invest in support of local sustainable ... -
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Bank websites may sell insurance, regulator rules - Globe and Mail
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As of: 2009-06-09
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Globe and Mail- Bank websites may sell insurance, regulator rules- Globe and Mail, Canada- Bank of Montreal paid $375-million this year for AIG Life Insurance Co. of Canada. In the online environment, Royal Bank customers who sign in to the bank's website can click on an insurance icon to be taken to a website where they can begin shopping ...- Financial firms need historians: OSFI head Financial Post- Financial regulation defended London Free Press- Regulator praises banks' caution on acquisitions Globe and Mail- Financial Postall 35 news articles -
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Some Canadians suffering 'genetic discrimination' - CTV.ca
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As of: 2009-06-09
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Some Canadians suffering 'genetic discrimination'- CTV.ca, Canada- They found the respondents reported discrimination most often in insurance settings. A full 29.2 per cent said they had experienced discrimination because of their genetic risk from life insurance, long-term disability, or mortgage insurance companies ...- Study finds genetic discrimination by insurance firms Hamilton Spectator- all 15 news articles -
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A new set of rules for safeguarding a nest egg - Globe and Mail
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As of: 2009-06-09
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Globe and Mail- A new set of rules for safeguarding a nest egg- Globe and Mail, Canada- Right about the time the parents stop working, the kids are immersed in debt and paying a huge amount of interest on home, car and student loans. The parents, meanwhile, are stashing their money into safe investments with low rates of return. ... -
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Northern Trust Receives Authority to Repay US $1.576 Billion - Stockhouse
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As of: 2009-06-09
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Northern Trust Receives Authority to Repay US $1.576 Billion- Stockhouse, Canada- Northern Trust continues to make high-quality loans to support creditworthy households and businesses. As of March 31, 2009, Northern Trust's loan portfolio totaled $30.4 billion - 14 percent more than at the same time last year. ... -
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10 big banks get OK to repay $68B in bailout money - CTV.ca
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As of: 2009-06-09
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ABC News- 10 big banks get OK to repay $68B in bailout money- CTV.ca, Canada- Smaller banks are still saddled with billions of dollars in risky commercial real estate loans. And large banks continue to hold the toxic mortgage-backed assets at the heart of the financial crisis. More than 600 banks have received nearly $200 ...- US banks can repay bailout cash Globe and Mail- Banks to return US$68 billion in bailout money in United States AOL Canada- 10 big banks get OK to repay $68B in bailout money Maximum Edge- all 2,413 news articles -
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Credit union lessons to be applied in Ghana - Winnipeg Free Press
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As of: 2009-06-09
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Credit union lessons to be applied in Ghana- Winnipeg Free Press, Canada- The manager of the Madina Community Co-operative Credit Union in Ghana has just wrapped up a 10-day visit during which she learned the ins and outs of Manitoba's credit union system. She job-shadowed everybody at the Sanford Credit Union, located about ... -
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Envision brings home the hardware - BCLocalNews
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As of: 2009-06-09
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Envision brings home the hardware- BCLocalNews, Canada- Envision Financial and its partner First Calgary Savings came home from this year's Marketing Association for Credit Unions' (MACU) AIME awards with some impressive hardware. Both credit unions were awarded an Achievement in Marketing Excellence (AIME) ... -
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Senate Democrats unveil healthcare bill - National Post
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As of: 2009-06-09
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New York Daily News- Senate Democrats unveil healthcare bill- National Post, Canada- "Over the next few days, we will continue working with our Republican colleagues on common sense solutions that reduce skyrocketing healthcare costs, assure quality care for all and provide affordable health insurance choices," Kennedy said. ...- Kennedy health plan aids elders, young adults Maximum Edge- Senate Democrats unveil healthcare bill National Post- US House health bill to include government plan National Post- National Post - Maximum Edgeall 1,164 news articles -
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Beware: Liability insurance may fall short outside of Canada - Metro Can...
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As of: 2009-06-09
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Beware: Liability insurance may fall short outside of Canada- Metro Canada - Toronto, Canada- A 2008 RBC Insurance/Ipsos Reid survey showed that only 38 per cent of Canadians checked the impact of their coverage with their auto insurance provider when they drove to the United States. According to Statistics Canada, same-day car travel to the US ...- Editorial Cartoon for June 8, 2009 Metro Canada - Vancouver- all 11 news articles -
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All drivers of all ages really need to practise safety - Times and Trans...
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As of: 2009-06-09
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All drivers of all ages really need to practise safety- Times and Transcript, Canada- ... people protesting them should wake up and realize what an "inconvenience" it is to have your car destroyed in a crash, have the fire department cut the car to pieces to drag you out of it, be taken to the hospital, watch your insurance rates go ... -
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Racial differences affect retirement planning - Medill Reports
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As of: 2009-06-09
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Racial differences affect retirement planning- Medill Reports, IL- Nearly 500 seniors like Verdie Thompson attended a seminar on retirement planning held by Mellody Hobson, president of Ariel Investments LLC, at the AARP Lifestival Saturday. by Jessica Harbin Mellody Hobson, president of Ariel Investments LLC, ... -
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TONY LAJEUNESSE: Key strategies are useful in maximizing ... - Southgate...
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As of: 2009-06-09
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TONY LAJEUNESSE: Key strategies are useful in maximizing ...- Southgate News Herald, MI- Remember, Roth IRAs are significantly different than traditional IRAs and need proper planning, as well. Keeping current with tax laws is another essential ingredient for successful retirement planning. In fact, The Pension Protection Act of 2006 made ...- Planning for Retirement PR-Inside.com (Pressemitteilung)- Roth TSP available in 1 or 2 years Federal Times- all 13 news articles -
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Mutual fund launch a rare event in 2009 - Financial Post
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As of: 2009-06-09
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Mutual fund launch a rare event in 2009- Financial Post, Canada- New issues of Canadian mutual funds have fallen substantially through the first four months of 2009, but that hasn't deterred Pender Capital Management from launching two new funds into the Canadian market earlier this month. ... -
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Citadel Funds announce change of Administrators - Stockhouse
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As of: 2009-06-09
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Citadel Funds announce change of Administrators- Stockhouse, Canada- The Citadel Group of Funds announced today that 1472278 Alberta Ltd. (the "New Administrator"), a wholly-owned subsidiary of CH Fund Administration LP, has become the administrator of each of the Citadel Funds, other than CGF Mutual Funds Corporation, ...- Citadel Group of Funds - Citadel Funds provide further information ... Stockhouse- all 9 news articles -
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Forsake global equity funds at your peril - Globe and Mail
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As of: 2009-06-09
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Globe and Mail- Forsake global equity funds at your peril- Globe and Mail, Canada- A 15-year look back at annual mutual fund returns shows that Canadian equity funds were outperformed by global funds (most with significant US exposure) five times, including last year, when global funds fell an average 31.4 per cent and Canadian ... -
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Why are smart people dumb about money? - Canada.com
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As of: 2009-06-09
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Why are smart people dumb about money?- Canada.com, Canada- Dumb things such as sticking with mutual funds that consistently underperform or - my personal favourite - not knowing how much they pay their financial adviser and being too embarrassed to ask. He designed Moolala for capable people who hate to work ... -
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More funds for local projects - Standard Freeholder
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As of: 2009-06-09
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More funds for local projects- Standard Freeholder, Canada- Monday's Infrastructure Stimulus Fund announcement had Mayor Bob Kilger smiling about more than just Cornwall's new multi-sport facility. The city has also received $3.4 million for a new Emergency Medical Services headquarters building and $1.4 ... -
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Spring Fling makes an exciting splash - 100 Mile House Free Press
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As of: 2009-06-09
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Spring Fling makes an exciting splash- 100 Mile House Free Press, Canada- Forest Grove hall received the fire emergency call at 2:39 pm and, as Chief Bob Felker said, ?We hadn't gone very far before we realized it was big.? Before they arrived at the fire they had enlisted the help of 100 Mile House and 108 Mile House halls. ... -
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Book: Sharp money moves line and total for Game 3 - Covers
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As of: 2009-06-09
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Book: Sharp money moves line and total for Game 3- Covers, Canada- Also note, the Lakers have not lost three games in a row since acquiring Pau Gasol, making it even more daunting for the Magic to take all three games at home. Prop of the Game: Dwight Howard (Magic) Total Points ? (Must Start) 20.5 Howard averaged ... -
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