O’Leary Canadian Income Opportunities Fund has successfully issued an additional 385,000 trust units and 385,000 warrants after the syndicate of agents exercised their over-allotment option, O’Leary Funds Management LP said Thursday.Total gross proceeds are now $130,620,000. The trust units and warrants and now trade on the TorontoStock Exchange.The syndicate of agents was co-led by CIBC […]
The Basel Committee on Banking Supervision and the International Association of Deposit Insurers (IADI) issued the final version of a set of principles to guide countries’ deposit insurance systems.The principles, which were developed by a joint working group between the Basel Committee and IADI, address a range of issues including deposit insurance coverage, funding and […]
Canadian Western Trust Company has been appointed as trustee for all self-directed registered and education savings plans administered by investment dealer Raymond James Ltd., the company announced on Thursday.“We are thrilled to add a premier company like Raymond James Ltd. to our list of clients. This appointment supports our vision to be the recognized leader […]
Low proportion of women directors is no longer acceptable, IGPPO says
It will be the fall of 2010 before production gets back to pre-recession levels
High yield corporate bond fund, short-term government bond fund
BMO Income Trust Fund, BMO International Equity Fund
GMP Capital Inc. Thursday declared a cash dividend of 5¢ per common share, representing payment for the second quarter ended June 30, payable on July 15, to shareholders of record on June 30.Following the successful conversion of GMP into a corporation, the firm’s board of directors adopted a quarterly dividend policy of 5¢ per common […]
Gasoline prices fall, while food prices rise
Canadians still expect the economy to improve going forward