Canada's reputation as a refuge for bond investors during times of turmoil is being rekindled. The nation's sovereign debt has outperformed all its Group of Seven peers this year, according to Merrill Lynch index data.
National PostBank of Nova Scotia, Canada's third-largest lender by assets, also said Friday it plans to buy back up to 24 million shares, or about 2 per cent of its stock, within the next year.
Canadians are showing a strong ability to manage their debts even as housing prices rise, with arrears on CMHC mortgages at a low 0.34 per cent for the first quarter of this year, according to new figures from the federal housing agency.
Someday, LaGuardia Airport will be quite a bit less awful. The Port Authority of New York and New Jersey yesterday took a small but critical step toward relieving travelers of the New York airport as they know it.
CALGARY -- The Alberta Securities Commission is warning investors to beware of unregistered companies offering online trading services.