Bank of Nova Scotia announced Monday that it will purchase E*Trade Canada from U.S.-based parent E*Trade Financial Corp. Under the agreement, Scotiabank will purchase E*Trade Canada for US$442 million ($444 million), subject to regulatory approvals. The deal will double Scotiabank’s footprint in the Canadian online investing market.“Scotiabank’s agreement to purchase E*Trade Canada demonstrates our commitment […]
Advertising rules now require additional information about rates, monthly payments and other loan features
Foyston, Gordon & Payne replaces Howson Tattersall
Launches IA Clarington Target Click 2030 Fund
Brompton Funds today announced the completion of the merger of several funds.BG Advantaged S&P/TSX Income Trust Index Fund, BG Advantaged Equal Weighted Income Fund, Brompton Top 50 Compound Growth Fund, and BG Advantaged Corporate Bond Fund were merged into Brompton Advantaged Tracker Fund — the continuing fund — which has been renamed Brompton Advantaged VIP […]
Higher construction prices boost spending
U.S. bolsters mortgage giants; Anheuser-Busch agrees to takeover
Kingsway Financial Services Inc. today announced that prior to the end of July it intends to repay all amounts outstanding under its US$175 million three year revolving facility originally made with a syndicate of banks in June 2006.At March 31, 2008, the amount outstanding under this credit agreement was US$94.5 million, and as of June […]
Maximum amortization period will be set at 35 years