Canadian financial institutions have begun to slash their mortgage rates amid lower borrowing costs in the bond market and more competition for mortgage business.BMO Bank of Montreal was the first to announce lower rates. Effective Wednesday, a five-year closed mortgage will carry a posted rate of 6.65%, a drop of a little more than a […]
Samarasekera and O’Neill join board
The Toronto Stock Exchange has halted trading in shares of BCE Inc. until further notice.The exchange says “a trading message protocol issue this morning caused a service interruption in trading for approximately 45 minutes.”“This issue has created some data integrity concerns and therefore the decision has been to halt trading in this issue.”Shares of BCE […]
Three companies begin carbon reporting improvements
JovFunds Management Inc. today announced the successful closing of the CIBC Gartman Global Allocation Deposit Notes, Series 4.This is the fourth series of notes sub-advised by The Gartman Letter, L.C., the publisher of The Gartman Letter. Its author, Dennis Gartman, is a leading global markets commentator.“The strong demand across all series is a testament to […]
Fund to employ commodity investment strategies of BMO’s Coxe
Fund assests rise by $6.1 billion
Economists say oil prices will likely hit US$140 this year
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