Investors may now open a Tax-Free Savings Account (TFSA) at Franklin Templeton Investments Corp., the company announced Wednesday.Canada’s financial institutions are stepping up competitive strategies to get Canadians on board ahead of the official TFSA launch in January 2009.Introduced by the Federal government and available at the beginning of 2009, the TFSA provides Canadians the […]
Least optimistic sectors are manufacturing and construction
Housing starts tumble for fourth straight month
Throne speech to focus on global financial crisis
Aegon NV, the Netherlands-based owner of Transamerica, announced that it is examining the possibility of acquiring a thrift in the United States, which may allow the company to qualify for the U.S. government’s bank bailout.The company said it has no need for additional core capital beyond the 3 billion euros (US$3.7 billion) secured from the […]
Decision made to protect funds’ NAV
Lee’s actions misvalued natural gas options
The Ontario Securities Commission has filed an application with the Superior Court of Justice seeking an order appointing a receiver and manager of all the property and assets of New Life Capital Corp. New Life is registered with the OSC as a Limited Market Dealer. The matter will be heard before the Superior Court of […]
OSC obtains court order
Target date fund starts with 75% equity weighting