Yvon Charest has been named the 2008 Quebec Financial Person of the Year by the Finance et Investissement newspaper. This is the second time the president and CEO of Industrial Alliance heads the list of Top 25 economic and financial newsmakers for the year, as compiled by the Quebec financial newspaper. He was also awarded […]
Canada posts first trade deficit since 1976
Mackenzie Balanced Fund to merge into Saxon Balanced Fund
Board denies media allegations
Canada Mortgage and Housing Corp. has granted Pacific & Western Bank of Canada approved issuer status entitling it issue NHA Mortgage Backed Securities, the bank said Tuesday.
Judgment imposes permanent injunction
Bank of Montreal has launched a new 5 Year Variable Rate Closed mortgage product that allows customers to take advantage of record low lending rates with the flexibility to lock into a fixed rate closed mortgage at anytime, the bank said Tuesday.“Recently we’ve seen an increase in the number of customers choosing a variable rate […]
Verisign bows out of bid for Certicom
Two senior officers of the Caisse de dépôt et placement du Québec on Monday categorically denied allegations that a plan to replace a large portion of the members of the executive committee had been prepared or was in preparation.“These allegations are unfounded,” stated Pierre Brunet, chairman, and Fernand Perreault, president and CEO.“They are prejudicial to […]
The Alberta Securities Commission (ASC) has issued trading bans against Ontario-based Momentas Corp., its de facto officers and directors Howard Rash and Alexander Funt, its CEO and director Malcolm Rogers and its president, CFO and director Suzanne Morrison. An ASC panel decision reciprocates orders issued by the Ontario Securities Commission against the same parties on […]