Wellspring and Springpay bilked investors out of $570,000
Job losses expected to extend into 2010
Premiums and deposits up 7% in 2008
Aggressive policy actions will foster recovery in 2010
Madoff to appear in court
Canadians’ perceptions of the state of the economy declined in March after a brief uptick in February, suggests the latest results from TNS Canadian Facts’ Consumer Confidence Index.The overall Consumer Confidence Index now stands at 83.7, which is down from 85.9 last month.“With the troubling economy continuing to dominate our news, it comes as no […]
Paul Dubé, Canada’s Taxpayers’ Ombudsman, is submitting his first interim report to Jean-Pierre Blackburn, Minister of National Revenue and Minister of State (Agriculture) in Ottawa Thursday.The Taxpayers; Ombudsman’s Interim Report describes the efforts the Ombudsman has undertaken since his appointment in February 2008 to set up his office, connect with Canadian taxpayers, address service complaints, […]
Ratification vote set for May 13
Sun Life Financial Inc. will provide its shareholders with an advisory vote on executive compensation at annual meetings, the company said Wedesday.The non-binding advisory vote will be submitted to shareholders beginning at Sun Life’s annual meeting to be held in 2010.On Tuesday, TMX Group said it would allow is shareholders to hold a non-binding vote […]
Bank of Montreal plans a domestic public offering of $200 million of preferred shares.The net proceeds from the offering will be used by the bank for general corporate purposes, BMO says.The Non-Cumulative 5-year Rate Reset Class B Preferred Shares Series 21 will be issued to the public at a price of $25 per share and […]