Industry News

Sheelagh Whittaker named director of Standard Life Canada

David Nish, chairman of The Standard Life Assurance Company of Canada, has announced the nomination of Sheelagh Whittaker as an independent director of Standard Life Canada and two affiliated companies, effective June 1, 2013.

By Staff |April 11, 2013

2 min read

Q1 consumer spending up 3.31%

Canadian consumer spending increased 3.31% during the first quarter, compared to the same period last year, according to Moneris Solutions Corporation, Canada's largest credit and debit card processor.

By Staff |April 11, 2013

2 min read

Gold markets rocked by Cyprus plan

Precious metal markets are jolted by Cyprus’ decision to shed its gold holding worth €400m (about $530 million) from its reserves. This is the first time a euro member has decided to sell its excess gold reserves as a result of the ongoing European debt crisis, triggering fears other euro nations may make similar moves, […]

By Staff |April 11, 2013

1 min read

Investors back U.S home builders

U.S. home building continues to reach new limits. In February, builders broke ground on 917,000 homes -- the highest level since pre-recession, finds the U.S. Commerce Department.

April 11, 2013

1 min read