Source: The Canadian PressInsurance provider Great-West Lifeco Inc. (TSX: GWO) reported third-quarter net earnings of $275 million on Wednesday, down from a year-ago $445 million as it booked a big cash provision to cover the costs of a recent legal ruling against the company.Stripping out the effect of the one-time $204-million litigation provision related to […]
Source: The Canadian PressWestern Financial Group (TSX:WES) reported Wednesday a third-quarter profit of $5.1 million, up from a year-earlier $4.1 million, as revenue for the three months ended Sept. 30 jumped to $60.3 million from $40 million.The insurance and financial services firm based in High River, Alta. said its earnings amounted to six cents per […]
Q3 profit rises 14% to $75.5 million
Annual dividend hiked 114%
Market rebound sends Q3 revenue soaring
Residential permits up for a second straight month
Year-to-date earnings up 8%
Double-digit growth in premiums and deposits for the fourth quarter in a row
Ontario needs to ban the use of credit scoring to set home insurance premiums: IBAO
Source: The Canadian PressProposed legislation in Nova Scotia would allow credit unions in Atlantic Canada to merge under a centralized system.Finance Minister Graham Steele says amendments to the Credit Union Act will allow Credit Union Central of Nova Scotia to become Atlantic Central and acquire its counterparts in New Brunswick and Prince Edward Island.Steele says […]