Editorial
Consumer delinquency rates increasing across the country
The financial services industry can debate the best strategy to deliver regulation, but no one debates the need for regulation. Credible markets require credible oversight. So, the question is: how well are Canadian regulators delivering on that proposition? Canadian investment dealers and mutual fund dealers all recognize the importance of a well-regulated marketplace. But how […]
Bank of Montreal is introducing a new lending product called Agri ReadiLine, which provides farmers with ready-access to funds without the need to reapply for loans throughout the year, the bank said Tuesday.“At this time of year farmers are getting ready for the growing season. They are looking at funding alternatives that best suit their […]
Immediate action needed to restore confidence in economy
Closed-end corporate bond fund advised by MFC Global Investment Management (Canada)
Sun Life Financial Inc. has sucessfully completed a domestic public offering of $500 million of subordinated unsecured debentures, the company said Tuesday.The Series 2009-1 Subordinated Unsecured 7.90% Fixed/Floating Debentures are due in 2019.The net proceeds will be used for general corporate purposes, including investments in subsidiaries, Sun Life said.IE
San Francisco-based WeatherBill has released a new technology solution that bundles branded third party weather insurance and weather derivative programs with a turnkey white label platform, the company said Tuesday.The WeatherBill White Label is a complete platform that automates weather coverage pricing, transaction processing, and risk management functions, and provides fully automated client, broker, and […]
$1.73 billion offer to to acquire communications infrastructure assets in UK and Australia
Manufacturing activity declines for sixth straight month