Federal surplus comes in at $10.2 billion for fiscal 2008
Toronto stocks regained some of their earlier losses in afternoon trading but financial and energy stocks still pulled the market to close lower Friday.The S&P/TSX composite index fell 69 points, or 0.47%, to finish at 14,723.36, as just three of the 10 major TSX groups gained today.The financials group lost 0.58% for the day as […]
Derivatives, credit spreads and liquidity issues top of the list
Improving U.S. economy should boost resource sector profits in second half of 2008
Man Investments Canada has announced the launch of the CIBC Man AHL Diversified Deposit Notes, which provide exposure to Man’s AHL Diversified Programme.“AHL is one of the most established and longest-running managed futures programs in the world. In today’s volatile markets, the timing could not be better to introduce the Deposit Notes in Canada,” said […]
Median home price down 8% from a year ago
Urges IDA to adopt a flexible approach to performance reporting requirements
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