Strong performance for 2007: StatsCan
Stocks may open mixed Friday as investors digest data on Canadian retails sales and earnings reports from Penn West Energy and Rogers Communications.Retail sales rose by 0.6% in December to an estimated $35.1 billion on the strength of sales by new car dealers. This was the third increase in retail sales in four months and […]
Credit default swaps boost revenue
Quebec’s public pension fund manager, Caisse de dépôt et placement du Québec, said today that it took a $1.9 billion provision in fiscal 2007 on its $12.6 billion of asset-backed commercial paper (ABCP) holdings.The provision, which amounts to 15% of the Caisse’s ABCP holdings, trimmed its overall return for the year ended Dec. 31 by […]
Recession worries drag U.S. markets lower
Montalbano to be CEO of combined PH&N and RBC asset management business
Scotiabank and Cidel will explore opportunities to provide cross referrals for products and services
Mutual recognition would make it simpler and more efficient for U.S. retail investors to trade shares TSX Group exchanges
Barclays Global Investors Canada Limited (Barclays Canada) announced today that the tax characteristics for all 2007 distributions for iShares Funds have been finalized and provided to CDS Clearing and Depository Services Inc. (CDS) for use by brokers in preparing tax reports, including T3 slips, for their clients.Today’s information replaces any estimated tax characteristics that were […]
Henley, Ledohowski and McGaw