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INSURANCE NEWS -
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Flaherty urges Europe to test banks - Globe and Mail
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As of: 2009-06-12
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Globe and Mail- Flaherty urges Europe to test banks- Globe and Mail, Canada- Canada's Finance Minister suggested European leaders are resisting calls to subject their banks to rigorous tests of their financial health because they are content to let the United States do the heavy lifting required to pull the world economy out of ...- Canada calls on Europe to publish bank stress tests Reuters Canada- Flaherty urges talks on stimulus exit strategy Financial Post- `Glimmers of hope' evident for economic recovery: finance minister Canada.com- Reuters Canadaall 163 news articles -
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Rosy outlook for the big six banks - Financial Post
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As of: 2009-06-12
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Rosy outlook for the big six banks- Financial Post, Canada- The big six banks banks will enjoy average earnings growth of 17% between now and the second quarter of 2011, predicts National Bank Financial analyst Rob Sedran. A key assumption underlying that rosy outlook is a 20% average decline in loan loss ... -
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Banks lose Quebec lawsuits over credit-card currency-conversion fees - C...
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As of: 2009-06-12
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Globe and Mail- Banks lose Quebec lawsuits over credit-card currency-conversion fees- CBC.ca, Canada- Quebec Superior Court Judge Clément Gascon ruled Thursday that nine banks and the financial co-operative Desjardins were in ?flagrant violation? of a provincial law because of the way they charged the foreign-exchange fees. The judge agreed with the ...- Banks lose class action over credit card charges Globe and Mail- Quebec court orders banks to reimburse credit card customers Investment Executive- Financial institutions lose three class-action suits CTV Montreal- Financial Post - Canada.comall 51 news articles -
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G8 governments differ on stimulus direction - CBC.ca
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As of: 2009-06-12
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Boston Globe- G8 governments differ on stimulus direction- CBC.ca, Canada- With the global economy beginning to show signs of recovery after governments provided billions of dollars of support for banks, auto companies, other businesses and consumers, some leaders are suggesting it's time to develop an "exit strategy" for the ...- G8: economy stabilising, recovery uncertain Canada.com- G8 finance chiefs get ready for economic recovery CTV.ca- G8 nations consider exit from credit crisis Reuters Canada- Business News Network - CBC.caall 897 news articles -
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Commodities, China, inflation, banks, Iran ? Vialoux - National Post
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As of: 2009-06-12
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Commodities, China, inflation, banks, Iran ? Vialoux- National Post, Canada- US bank stocks could come under pressure this morning. Bank of America lowered earnings estimates of US banks that are paying back TARP funds. Banks are expected to begin paying back TARP funds next Wednesday. Blackrock has acquired Barclays Global ... -
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Too late to refinance your mortgage? - Globe and Mail
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As of: 2009-06-12
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Globe and Mail- Too late to refinance your mortgage?- Globe and Mail, Canada- The stunningly low interest rates have led many Canadians to break their existing mortgage and get in at a lower rate. Mortgage brokers say that despite the penalties associated with it, a massive chunk of their recent business has been refinancing ... -
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Company's Coming! And They're Bringing the Front Porch - Univers...
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As of: 2009-06-12
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Company's Coming! And They're Bringing the Front Porch- Universe Today, Canada- ?The team carefully reviewed the spacecraft to make sure nothing was overlooked since the launch comes only a few weeks after the end of the STS-125 Hubble repair mission. Moses said having the big crew on the station could be an interesting time. ... -
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Locations of high-risk coal ash sites kept secret - Maximum Edge
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As of: 2009-06-12
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Locations of high-risk coal ash sites kept secret- Maximum Edge, Canada- EPA officials said Friday the National Dam Safety Review Board, a collection of federal agencies, state agencies and one private industry representative, was notifying local governments and states, some of which regulate the structures like dams. ... -
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Coyotes bankruptcy judge praised as 'practical and savvy' - Glob...
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As of: 2009-06-12
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TSN.ca- Coyotes bankruptcy judge praised as 'practical and savvy'- Globe and Mail, Canada- He has nearly 40 years experience in commercial law, as a lawyer and a judge, and has worked on bankruptcy issues around the world. "He is well respected," said attorney Tom Salerno, who has known Baum for 27 years and is involved in the Coyotes saga. ...- Balsillie good bet to get team: prof Hamilton Spectator- Coyotes: Judge criticizes NHL, brings up relocation fees CBC.ca- Balsillie not fazed by relocation fee Canada.com- Globe and Mail - Globe and Mailall 827 news articles -
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Bank-card fraud hits dozens in NL - CBC.ca
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As of: 2009-06-12
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Bank-card fraud hits dozens in NL- CBC.ca, Canada- Dozens of people have fallen victim to a type of debit- and credit-card fraud called "skimming," police in St. John's say. "That's 45 incidents where bank cards were skimmed and money was taken from the accounts," Royal Newfoundland Constabulary Const. ... -
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Chapter 1 : Is a home a good investment? - Globe and Mail
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As of: 2009-06-12
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Chapter 1 : Is a home a good investment?- Globe and Mail, Canada- There are some very good reasons to invest in a home, but there are also reasons to think with care about taking this step, especially if this is your only investment. Why would I want to invest in a home? You are investing in something that has value: ... -
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Where do you find investing help? - Globe and Mail
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As of: 2009-06-12
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Globe and Mail- Where do you find investing help?- Globe and Mail, Canada- Plus: Keeping your emotions out of the investing process Globe and Mail Update, Friday, Jun. 12, 2009 01:03PM EDT If you're just getting started investing and are wondering how to go about it, follow along in our beginner investor mentor program. ... -
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BlackRock and Bank of New York compete to be world's biggest - Canad...
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As of: 2009-06-12
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China Daily- BlackRock and Bank of New York compete to be world's biggest- Canada.com, Canada- Barclays Global pioneered index funds and quantitative, or quant, investing beginning in the 1970s. Quant funds use mathematical models to make investment decisions. BNY Mellon's asset-management unit, which includes Dreyfus funds, is more focused on ...- BlackRock to pay $13.5-billion for BGI Globe and Mail- all 1,041 news articles -
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BMO's new ETFs: Timely addition or no big deal? - Globe and Mail
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As of: 2009-06-12
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BMO's new ETFs: Timely addition or no big deal?- Globe and Mail, Canada- If BMO is getting into ETFs, it's a serious endorsement of them as mainstream investment products. Now, let's look at these ETFs from the point of view of investors. Should you jump right in? The early take from a couple of investment advisers who are ... -
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Invest in the past - Portage Daily Graphic
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As of: 2009-06-12
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Invest in the past- Portage Daily Graphic, Canada- So often one hears, "Invest in the future," but what about investing in the past? Many cultures value the past, through such methods as oral storytelling, art and literature. Forgetting is the path of least resistance, and the progress of modernity is ... -
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Alan Jackson ticket sales cause controversy - Energeticcity.ca
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As of: 2009-06-12
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Alan Jackson ticket sales cause controversy- Energeticcity.ca, Canada- Hegalson says she had secured seats close to the stage, but she says a glitch in the system meant she never got her tickets. Instead, after trying her purchase numerous times, she earned a $32000 credit card bill. However, Encana Events Centre ... -
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Huntington's history an insurance hurdle - Globe and Mail
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As of: 2009-06-12
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Globe and Mail- Huntington's history an insurance hurdle- Globe and Mail, Canada- Frank Zinatelli, vice-president of legal services and associate general counsel at the Canadian Life and Health Insurance Association, expressed concern that this might be happening, but said that insurance companies have every right to include ... -
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Learning Curve: What is a CDO? - Morningstar Canada
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As of: 2009-06-12
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Learning Curve: What is a CDO?- Morningstar Canada, Canada- There are different types, but at its simplest a CDO is a basket of loans. Those loans could be almost anything: corporate debt, emerging market bonds, credit card receivables, or -- a popular choice -- residential mortgages. ... -
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Media advisory - Co-op leaders gather in Ottawa to celebrate a ... - Can...
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As of: 2009-06-12
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Media advisory - Co-op leaders gather in Ottawa to celebrate a ...- Canada NewsWire (press release), Canada- CCA provides leadership to promote, develop, and unite co-operatives and credit unions for the benefit of people in Canada and around the world. For further information: Donna Balkan, Communications Manager, Canadian Co-operative Association, ... -
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Pulp sector aid in works - Prince George Citizen
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As of: 2009-06-12
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Pulp sector aid in works- Prince George Citizen, Canada- The forest industry and unions like the Communication, Energy and Paperworkers have been calling for Ottawa to offer some help quickly because a complaint to the World Trade Organization would take too long. Canfor Pulp spokesman David Scott responded ... -
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Time for summer car cull - National Post
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As of: 2009-06-12
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Time for summer car cull- National Post, Canada- It seems silly that insurance companies don't have special policies that travel with the drivers from car to car so that you carry road hazard insurance on any car you own and are driving. Janice -- who knows and controls all things financial -- and I ... -
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Lawsuit filed against Winnipeg car thieves involved in fatal crash - CBC.ca
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As of: 2009-06-12
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Lawsuit filed against Winnipeg car thieves involved in fatal crash- CBC.ca, Canada- Manitoba Public Insurance has launched a lawsuit against 11 youths and a young man in connection with the death of a Winnipeg cab driver. Antonio Lanzellotti was killed instantly after a stolen Chevy Avalanche sped through a red light on Portage Avenue ...- MPI seeks damages from accused joyriding youths Winnipeg Free Press- all 4 news articles -
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No one will bet against the lightning Bolt - Globe and Mail
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As of: 2009-06-12
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Globe and Mail- No one will bet against the lightning Bolt- Globe and Mail, Canada- 12, 2009 07:36AM EDT They sell insurance on the capture of the Loch Ness Monster, a hole-in-one, injuries caused by falling satellites, and NHL journeymen suddenly filling the nets with pucks. But no insurer wanted to touch a bet that the fastest man ... -
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Your Money: Retirement Planning - The Ledger
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As of: 2009-06-12
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Your Money: Retirement Planning- The Ledger, FL- Building a successful retirement plan takes good planning, and as AP Personal Finance Editor Trevor Delaney explains, good communication with your spouse. E-mail your questions to yourmoney@ap.org (June 12) Building a successful retirement plan takes ... -
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Couples not seeing eye to eye on retirement planning - ConsumerReports.org
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As of: 2009-06-12
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Couples not seeing eye to eye on retirement planning- ConsumerReports.org, NY- ... conducted for Fidelity Investments, 60 percent couldn't agree on when one or the other of them should retire, 44 percent couldn't agree on whether to keep working in retirement, and 42 percent couldn't agree on the type of lifestyle to expect. ... -
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Why superstar funds can be wealth-destroyers - Morningstar.ca
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As of: 2009-06-12
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Why superstar funds can be wealth-destroyers- Morningstar.ca, Canada- Mutual funds have an important role to play, Phillips noted, as 2008 proved to be a very risky year. Last year, 2886 stocks out of 10691 in the US lost more than 75% of their value. In contrast, only one out of 15272 non-leveraged US stock funds lost ... -
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Province announces ongoing funding for rent assistance program - Peterbo...
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As of: 2009-06-12
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Province announces ongoing funding for rent assistance program- Peterborough Examiner, Canada- Peterborough city and county residents who have low incomes can apply for one-time grants from housing emergency funds at the resource centre to find or keep housing. Community Counselling and Resource Centre operates the Rent Bank program in the ... -
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Queen's Park helps families pay the rent - Mississauga
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As of: 2009-06-12
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Queen's Park helps families pay the rent- Mississauga, Canada- The funding, announced today at the Cawthra Emergency Shelter by Mississauga East-Cooksville MPP Peter Fonseca, will ensure low-income tenants facing eviction can stay in their homes by helping them with a few rent payments. Through the Provincial Rent ... -
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US Stimulus Fraud could hit $50B - MINA
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As of: 2009-06-12
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US Stimulus Fraud could hit $50B- MINA, Canada- "They are going to spend their time making sure that this money gets to being used in the way it's supposed to be used," Williams added. After 9-11, counterterrorism became the FBI's top priority, even as the agency grappled with corporate crime such ... -
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