Food prices up 7% over last year: StatsCan
Sun Life Financial Inc. has successfully completed a domestic offering of $250 million of preferred shares, the company said Wednesday.The Class A Non-Cumulative 5-Year Rate Reset Preferred Shares Series 6R were offered at a price of $25 per share and yield 6% annually. The offering, initially for $200 million of Series 6R Shares, was increased […]
Canada’s composite leading indicator fell by 1.1% in April, Statistics Canada said on Wednesday.The rate of decline of the smoothed version of the leading indicator slowed from 1.5% in March, StatsCan said.However, the unsmoothed version of the index rose 0.5%, after seven straight declines.Both financial components increased in the month, as the money supply expanded […]
Seminars to cross Canada in May and June
Montreal Exchange Inc. has introduced a new Mini Futures Contract on the S&P/TSX Composite Index, the TMX Group Inc. announced Tuesday.TMX Group says the introduction of this new contract expands the product line of index futures contracts offered on the MX to include a smaller contract size, thus providing more diverse trading opportunities for portfolio […]
Group's mission is to promote high-quality international auditing standards for accountants
The federal government unveiled the Business Credit Availability Program (BCAP) website on Tuesday.“I would invite Canadian businesses who are looking for new credit solutions to visit the BCAP website,” said Finance Minister Jim Flaherty, in a release. “Ensuring access to credit is one of our main priorities in taking action on the Canadian economy.”The BCAP […]
Mortgage life and critical illness insurance can help protect homeowners from unexpected financial burdens
Fortis Global Equity Exposure Fund said Friday that BNP Paribas has indirectly acquired control of its manager and portfolio advisor.On May 12, BNP Paribas S.A., through a share contribution by the Federal Participation and Investment Co. (FPIC), an entity wholly owned by the State of Belgium, acquired control of Fortis Bank Belgium, the indirect parent […]
Existing home sales forecast to drop 18%