Co-operators General Insurance Co. today reported a reduced profit for the second quarter ended June 30.Consolidated net income for the quarter was $40.6 million compared to $48.9 million for the same quarter in 2007. Earnings per common share were $1.88 for the second quarter compared to $2.29 for the same period last year.“The company’s underwriting […]
Record growth in mortgage originations in second quarter
Only 39% of Canadian equity active mutual funds outperformed the S&P/TSX capped composite index
U.S. rate decision on deck; Canadian dollar drops
Transaction will join all members of HSBC Group in Canada under one corporate structure
Northern Financial Corp. has sold eNorthern, its discount online brokerage business, to Questrade Inc.The company says eNorthern was a non-core division of Northern Securities Inc., a full service brokerage firm and wholly owned subsidiary of Northern. “eNorthern contributed an insignificant amount of revenue to the overall business of Northern Securities,” it says.Terms of the sale, […]
Fund manager brings 28 years of experience and a strong track record of performance
Both appointees have been a member of the board since its creation
TSX, Dow down following Nortel Network’s and General Motor’s reported losses
The property and casualty insurer raises gross proceeds of about $20.9 million