U.S. Treasury secretary Henry Paulson and Federal Reserve Board chairman Ben Bernanke will continue to plead their case to congress on the U.S. US$700-billion bailout plan
But Canada's commodities- and energy-leveraged economy should benefit from the bailout
Canada’s inflation rate rises to 3.5% in August, the highest rate in five years
Survey also reveals that retirees only need 60% of their pre-retirement income
A resolution was also approved in which a fund’s method for calculation operating expenses is being changed
The buyout significantly increases the bank’s scale in the Canadian online investment market
This move brings the bank’s total insured mortgages to $169 million
The move is part of National Bank Financial’s strategy to invest in wealth-management across Canada
North American stock markets ended sharply higher last week after the announced bailout
Move follows similar actions taken by the U.S. Securities and Exchange Commission and Britain’s Financial Services Authority