CIBC provides $1 million as founding sponsor
Compelling inducements found in four plans
Sharp downturn in motor vehicle manufacturing
Higher mortgage costs are expected to slow new home construction in 2008, but numbers will remain high by historical standards, Canada Mortgage and Housing Corporation said today.CMHC predicts residential construction will drop to 214,650 units in 2008 from 228,343 in 2007, and seven of the 10 provinces will register a lower number of housing starts.“Most […]
Fed chief to speak on risk management
Major correction is not in the cards
Alpha Alternative Trading System (ATS) has confirmed its intent to launch the ATS in September 2008. It also announced the fee strategy that will be adopted for trading, data and trade-through management (TTM) services.Alpha was established in May 2007. Its ownership group consists of BMO Capital Markets, Canaccord Capital Corporation, CIBC World Markets, CPP Investment […]
Q2 writedowns no surprise, analysts say
Company also terminating some mutual funds