Cardholders made purchases in foreign currencies from 1986-2003
Merger intended to increase trading liquidity and lower operating costs
U.S. industrial production plunged in October by the largest amount in nine months, reflecting a big drop in utility output and continued troubles in autos and housing-related industries.The Federal Reserve said today that output at the country’s factories, mines and utilities fell by 0.5% last month, a much worse outcome than had been expected.The October […]
Mackenzie Financial Corp. today said it will change the name of Keystone Elliott & Page High Income Fund to Keystone Manulife High Income Fund, effective December 3.Mackenzie says the name change reflects Manulife Investment’s recently announced retirement of the Elliott & Page brand.Alan Wicks, vp and senior portfolio manager with MFC Global Investment Management (Canada), […]
Canadians plan to shell out $986 in holiday spending
Rules would require investors receive clear, concise summary of key fund information
When it comes to financial goals, more new immigrants to Canada include saving for their children’s education than saving for their own retirement or even paying down a mortgage.This is according to an RBC/Ipsos Reid survey that shows regardless of tenure or country of origin, new Canadians clearly have education on their minds.While most new […]
Bank to book $110 million gain on sale of Visa shares
Bank of Montreal taking $320 million in debt-market writedown
New M series offers lower fees, enhanced reporting