Surging utility demand to boost natural gas prices
Sliding loonie cushions fall for Canadian investors
CI Financial Income Fund today reported net sales of $452 million in March 2008, and assets under management of $65.8 billion and total fee-earning assets of $99.6 billion as of the end of the month.
The Office of the Superintendent of Financial Institutions has published a proposed new framework for setting capital requirements in the insurance industry.In a letter to the industry, OSFI explains that a working group comprised of the Autorité des marchés financiers, OSFI and Assuris was formed to update the current solvency framework in anticipation of the […]
Connor, Clark & Lunn Capital Markets Inc. announced today that CC&K 2008 Flow-Through Limited Partnership has completed the second and final closing of its initial public offering of limited partnership units.The partnership issued an additional 114,182 limited partnership units at $25 each for gross proceeds of $2,854,550. Including the first closing, the total gross proceeds […]
Group plan has more than $87 million in assets under management
Incentives matter when it comes to shaping both individual and corporate behaviour. Financial services firms — and their regulators — must absorb this truism and do a better job of ensuring they aren’t encouraging recklessness.Ever since the credit crunch took hold, regulators and policymakers have been trying to unpick the root causes of the crisis […]
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