Royal Bank of Canada has filed a final prospectus with Canadian securities commissions for the issuance of Innovative Tier 1 capital of the bank.RBC Capital Trust, a subsidiary of Royal Bank of Canada, will issue $500 million of RBC TruCS – Series 2008-1.The RBC TruCS – Series 2008-1 will be priced at $1,000 each and […]
TSX Group Inc. has finalized the schedule for the migration of Toronto Stock Exchange symbols to TSX Quantum. Thirty-six symbols currently trade on the new engine, and the remainder will be added by the end of the month. The migration will begin on May 9, with the nextset of symbols to begin trading May 12.Thomas […]
Province’s exports battered by high Canadian dollar and eroding U.S. sales
Retail sales slip in February: StatsCan
Toronto stocks closed lower on Tuesday, ending a six-session rally, amid disappointing earnings and comments from the Bank of Canada about the health of the Canadian economy.The S&P/TSX composite index closed down 54.82 points, or 0.38%, at 14,266.34 with all but two of its 10 main sectors on the downside.The central bank cut its key […]
Door remains open to further cuts, economists say
Locate, Tubtron distributed securities without fully complying with Alberta securities laws
UBS Global Asset Management (Canada) Co. today announce further specifics of the proposed merger of UBS Global Allocation Trust (GAT) and UBS Total Return Trust (UTR).The purpose of the merger is to provide unitholders of UTR with the opportunity to hold units of GAT that offers larger market capitalization and expected lower operating costs on […]
McIntyre named CIO