U.S. markets rise despite subprime fallout
A one percentage point cut in the Goods and Services Tax that kicked in at midnight on January 1 will be one of the few new tax cuts Canadians should expect to see in 2008.The GST dropped from 6% to 5%.Further federal tax cuts are unlikely this year, as the economic outlook remains cloudy.Many economists […]
$14 billion margin funding facility arranged
Dow soars 205 points
A.M. Best Co. has affirmed the financial strength rating and the issuer credit rating of Co-operators General Insurance Co.The rating agency also has affirmed the financial strength rating and the issuer credit rating of Co-operators General’s wholly owned subsidiary, The Sovereign General Insurance Co. In addition, A.M. Best has affirmed the financial strength ratings and […]
Canadian markets closed Tuesday and Wednesday
Thow handed lifetime ban from B.C. capital markets
Unregistered offshore company offering seminars
Montreal Exchange Inc. announced today that it has reached an agreement to increase its ownership position in the Boston Options Exchange (BOX) from 31.4% to 53.2%, subject to regulatory approval.Under the terms of the agreement with the Boston Stock Exchange (BSE), a partner in BOX, MX will pay US$52.5 million in cash for the 21.9% […]
Dec. 24 last day for trading to settle in 2007