Two new funds options added to Guaranteed Investment Portfolio
Ethics and integrity in Canadian financial markets rated higher by investment professionals outside the country
Province increases capacity of FSCO to oversee pension plans
Petroff to succeed Bertram
Creststreet Mutual Funds Ltd. is asking Canadian securities regulators to extend the period that Creststreet Resource Fund has to reduce the amount of private investments held by the fund, the company said Thursday.Creststreet is seeking an additional 180 days until May 17, 2009, to reduce the illiquid security component of the fund’s portfolio to below […]
The sale of units of Mavrix Explore 2008-II FT Limited Partnership raised total gross proceeds of $12.5 million.Mavrix Fund Management Inc., the manager and portfolio advisor, announced the final closing of the LP on Thursday.The LP will invest in a diversified portfolio of flow-through shares issued primarily by mining companies with exploration activities in Canada.The […]
The OECD area likely saw GDP fall for the first time in seven years, down 0.1% in the third quarter, the Organization for Economic Co-operation and Development reported Thursday.According to preliminary estimates, U.S. GDP fell by 0.1% in the third quarter, the first contraction since the third quarter of 2001. Japan’s GDP also declined by […]
Canadian corporate profits up 7.6% in third-quarter
Ottawa to work with provinces to put in place a common securities regulator to increase oversight
U.S. markets hit 5-year low