Sun Life issues $500 million in notes
Proceeds to be used to raise capital and invest in subsidiaries
- By: The Canadian Press
- November 18, 2009 November 18, 2009
- 08:48
Proceeds to be used to raise capital and invest in subsidiaries
Each employee claim is unique, lawyer argues
JDRF Toronto Ride on track to raising $2.6 million
Specialty insurer says disposition of Lincoln was lawfully made
Expanding securities lending operation fits with BMO’s growth strategy
Barclays Capital launches coverage of ‘Big 6’ Canadian banks
Sales of long-term funds steadily increasing
Strong growth in trading income offsets lower interest rates
MD Insurance Agency to offer physicians the full line of Industrial Alliance insurance and annuity products
Proceeds will be used to replace short-term credit instruments with longer-term debt
Coffee, newspapers, fast food on Ontario’s harmonized sales tax exemption list
Higher loan losses at Canadian Tire Financial Services weigh on parent company profit
High loonie offsets stronger equity markets
Revenues soar on the increaed value of investments
Canadian funds still have considerable available capital to deploy
Richardson Group makes significant investment in GMP Capital
Pension manager had 34% of its assets in equities at the end of September
Targeted returns have remained unchanged or increased
Assets under management climb by over $1 billion
Sales and marketing teams of Mavrix and GrowthWorks will work collaboratively
Net income drop 15.8%
Accounting loss, severe weather batter P&C insurer
Earnings rebound despite drop in revenue
Fund firm books loss on sale of Blackmont division
Financial crisis has increased transparency, improved governance