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Desjardins Group Announces Changes in Residential Mortgage Rates - CNW Group
LEVIS, QC, Nov. 26 /CNW Telbec/ - Desjardins Group announces the following changes in mortgage rates for caisses in Québec and Ontario(*), effective on November 27, 2008. ----- Terms Rates ...

Mortgage rates chopped by 2 Canadian banks - CBC News
Two Canadian banks did their bit to unclog the country's constricted housing market Wednesday by cutting mortgage rates. The Royal Bank of Canada and the Bank of Montreal both chopped borrowing costs for people seeking to buy a home. RBC cut its ...

Two big banks cut mortgage rate - Edmonton Sun
TORONTO -- Two of Canada's big banks are cutting mortgage rates on a variety of terms, reflecting a drop in borrowing costs in the bond market, where banks finance their mortgage lending. The Royal Bank of Canada said yesterday it is cutting rates ...

Royal Bank profit falls 15% - Globe and Mail
annie (smith from ontario, Canada writes: Oh too bad, your profits fell 15% but royal bank still made money, but they are trying to cry the blues. They like to play with numbers no doubt. It must hurt the CEO,president and managers bonus payout is a ...

Uh they got most of that back buddy, try to keep up with events. That ... - Globe and Mail
Tony . from Waterloo, Canada writes: K. Anderson from Canada writes: 'I understand that the auto industry is a large part of the Ontario economy' You know, from all the talk you might think that vehicle manufacturing is the only thing Ontario does ...

Final hurricane tally: 60 gulf rigs destroyed - San Francisco Gate
This summer's back-to-back punches from hurricanes Gustav and Ike destroyed 60 oil and gas platforms in the Gulf of Mexico, but the structures represented only a minute percentage of the region's overall production, the U.S. Minerals Management ...

Flaherty's instinct to cut out of step with world - Globe and Mail
Richard Stanczak from Corunna, Ontario, Canada writes: Typical Flaherty. He is still seething over his provincial defeat by Dalton Mcguinty which exposed his mishandling of the Ontario budget, leaving Ontario with a large deficit contrary to his ...

Banking blues - Ottawa Sun
As the worsening economic crisis threatens to leave ordinary Canadian families jobless, if not homeless, let us all shed a tear for the unimaginable suffering of the nation's beloved Big Banks. The Royal Bank of Canada (RBC), for instance, announced ...

Investors facing slim pickings for their fixed-income options - Globe and Mail
This flight-to-safety theme in financial markets is murder on small investors. Have you checked out the return lately on federal government treasury bills, the closest thing there is to a risk-free investment? One-year T-bills offer yields of about 1 ...

U.S. agrees to massive Citigroup rescue - Edmonton Sun
WASHINGTON — Rushing to rescue Citigroup, the U.S. government agreed to shoulder hundreds of billions of dollars in possible losses at the stricken bank and to plow a fresh US$20 billion into the company. Regulators hope the dramatic action will ...