Industry

Briefly:

(June 3, 2008) SSQ General Insurance Company has shuffled its executive suite, naming a new chief executive officer and three new senior vice-presidents. Gilles Mourette has been named CEO, having served as senior vice-president of information technology at SSQ, Life Insurance Company since 1999. He succeeds Marie-Josée Blanchette, who has been CEO since 1998. “We […]

By Staff |June 3, 2008

2 min read

Resource spike drives strong returns: Morningstar

Skyrocketing energy prices helped the Morningstar Natural Resources Equity Index gain 8.5% last month. Crude oil, which peaked at a record $135 U.S. a barrel in May, finished the month at $127.35, up 12.2% from the end of April. Natural gas prices also rose, gaining 7.9 %. “Energy was the story for the month of […]

By Mark Noble |June 3, 2008

2 min read

Pension system requires government intervention: Lamoureux

Defined benefit (DB) pension plans will soon be a thing of the past for the majority of Canadians, and a national summit is needed to reform the country’s retirement savings system, according to the retired president and chief executive officer of the Ontario Teachers’ Pension Plan. In his first speech as special advisor to the […]

By Jody White |June 3, 2008

3 min read

On The Shelf: Scotia portfolios increase equity exposure and more of Monday’s product news

(June 2, 2008) Scotia Securities has revamped its Scotia Partners Portfolios, with a slightly larger allocation to equities and global markets. The portfolios will also introduce specialized asset classes and also hold more funds. “It is important that we continually revisit and reassess our investment offerings and look for ways to improve them,” said Glen […]

By Staff |June 2, 2008

2 min read