A new survey from Fidelity Investments Canada ULC finds that summer time is retiring time for Canadians. The third annual 2007/2008 Fidelity Canadian Retirement Survey shows that June, July and August are the months when the highest numbers of Canadians retire. However, this year’s survey shows that more retirees are finding retiring is getting harder.“Fidelity’s […]
Klick leads local team
U.S. markets end mixed
North West Company Fund announced at its annual and special meeting of June 11 that financial services executive Sandy Riley will succeed Ian Sutherland as chairman.Sutherland, a founding director of North West, will remain as a trustee. He had been chairman of North West for 11 years and prior to that was CEO of North […]
Griggs succeeds Beatty
Assets under management hit new high
A weakening U.S. dollar on Monday helped propel the price of oil to another record high.Oil for July delivery briefly touched US$139.89 US a barrel in morning trading on the New York Mercantile Exchange.Oil rose as the U.S. dollar fell against the euro, the British pound and the Canadian dollar. The U.S. dollar was lower […]
First loss for investment bank since going public
Advisory board member travels to China with trade delegation
Lehman Bros. posts US$2.8 billion loss