BCE profit slumps in first quarter
Toronto stocks soar
Equitable Group Inc. today announced the appointment of John Ayanoglou as the company’s chief financial officer.Prior to joining Equitable, Ayanoglou’s business experience has included the role of CFO for two publicly-listed financial services firms. Most recently, he was the CFO and corporate secretary of Xceed Mortgage Corp. from 2004 to May 2008 and prior to […]
Standard Insurance Brokers Ltd. and Canada Brokerlink today announced an agreement that will see The Standard acquire Canada Brokerlink’s Northwestern Ontario offices in Kenora, Sioux Lookout and Red Lake, as well as the office in Dryden operating as Skillen-Squire. The acquisition is subject to certain conditions and the terms of the agreement have not been […]
Stanton Asset Management is portfolio manager
Manulife Investments today unveiled a new series of principal protected deposit notes. RBC Manulife Investments Global Balanced Plus Deposit Notes are issued and guaranteed by Royal Bank of Canada.The performance of the notes is tied to the performance of three funds: the Mawer World Investment Fund, the Manulife Strategic Income Fund and the Manulife Canadian […]
Declines in residential and non-residential sectors
Investment flows to manufacturing and oil and gas industries
Sun Life Financial Inc. today reported an increase in profit for the first quarter ended March 31, despite tough market conditions and the stronger Canadian dollar.The company reported a quarterly profit of $533 million, or 93¢ a share, up from $497 million, or 86¢ a share, a year earlier.“Difficult capital markets, global credit pressures and […]
Drop threatens Canadian living standards