The Mutual Fund Dealers Association of Canada has published a report on the design and operation of its contingency fund.The MFDA Investor Protection Corp. was established in 2002 and received the required approvals from the Alberta, British Columbia, Manitoba, Nova Scotia, Ontario and Saskatchewan securities commissions in May 2005.The terms and conditions of the approval […]
Fed decision on rates due
Decision based on small fund size
Toronto-based insurance and financial services company Sun Life Financial Inc. plans to buy back up to 2.55 million (0.46%) of its common shares in a private agreement with “an arm’s-length third-party” seller.Sun Life says it plans to make the purchase between December 11 and 31.The shares purchased for cancellation will be included in calculating the […]
Evaluations about current conditions and investments continue to decline
U.S. posts modest job gains
Homeowners bailout boosts U.S. markets