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Topic & Comments
GDP Declines across Canada in 2009 by | 2010-05-01 1:56:15 AM

Canada's GDP declined by 2.9 per cent nationally in 2009 after an increase of 0.6 per cent increase in 2008 according to a Statistics Canada report.read more

Canadians not overly concerned with interest rates rising: survey by | 2010-04-22 5:01:00 AM

One-third of Canadian mortgage-holders are not concerned about their ability to make payments if interest rates rise, according to a recent survey by Investors Group, while four in ten respondents said it would take at least a three per cent rate hike before they began to worry.read more

Reforms will cause more mortgage securitization, Canadian banks warn by | 2010-04-22 1:59:46 AM

Proposals on global financial reforms by an international committee are raising concerns among Canadian bankers that lenders will be forced to resort to more mortgage securitization, according to a report in the Financial Post.read more

AIG United Guaranty comes under Canadian ownership, gets new name by | 2010-04-20 6:55:20 AM

The name AIG United Guaranty is no longer after the Ontario Teachers' Pension Plan, along with other investors, successfully completed the acquisition of the private mortgage insurer and renamed it Canada Guaranty Mortgage Insurance Company.read more