Tag: "Recession"

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Risk spread between several insurance firms; too early to say if passengers are avoiding trips

The capsizing of the Concordia in the waters off Italy comes at the start of a three-month period that is the busiest time of year for bookings, known in the industry as wave season

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Canadians have sound economics behind their belief country still in recession

Canada’s economic performance looks different when population growth is factored out

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Questions and answers about Europe’s debt crisis and its potential impact on the world

Why would countries want to jettison the euro and go back to their own currencies? What would happen if some countries left the eurozone?

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Weak economy not slowing down charitable donations by Canada’s wealthiest

While cash is still king for most charitable donations, many Canadians are giving stock, art, land, life insurance and other assets

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Canadian companies having difficulty attracting critical-skill employees

Towers Watson survey examines the post-recession workplace

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A record 35,000 jobs cut from financial services sector in September

“I think a lot of companies right now, especially financial, they know what’s going on worldwide, the debt situation, and they’re sitting tight,” Steven Cardwell

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Nearly 50 million Americans are without health insurance

U.S. Census Bureau reports in 2010, 9.8 percent of American children under 18 (7.3 million) were without health insurance

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Small life insurers weathered financial crisis with steady performance

Higher ratio of life premium to annuity premium, greater distributor productivity, investment performance of smaller companies outperformed those of larger companies: Conning Research

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Top ten content claims of 2010

Electronics top the list at 15.76% of all content claims filed with U.S. insurers

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Drunk driving laws, HST hit BC restaurants

Survey finds 88% of licensed restaurant and bar operators said the new .05 drinking and driving penalties resulted in a drop in liquor sales

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Green marketing could pay off for financial services firms in a post-recession world

Survey respondents feel good about working with financial services firms that invest in eco-friendly solutions, but cynicism remains

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Most Canadian millionaires are self-made

Only six percent of affluent Canadians inherited the majority of their wealth

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Despite official stats, Canadians still think country is in recession: poll

The official data shows Canada has long recovered from the recession. Canadians don’t appear convinced. A new Canadian Press Harris-Decima survey has 59 per cent of respondents saying we’re still in a recession that Statistics Canada declared dead over a year ago. Not only did they believe the country remains in a slump, but about [...]

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New Zealand says quakes will almost halve economic growth

Police cordons around the most devastated section of New Zealand’s earthquake-struck city of Christchurch were relaxed Sunday, allowing businesspeople and residents to salvage their valuables nearly two weeks after a temblor that killed at least 166 people. Meanwhile, the government forecast that last month’s quake, combined with a larger but less destructive one that hit [...]

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Half lacking family business succession plan

Family firms around the world are confident about their future prospects, but many aren’t doing enough to prepare themselves for the years ahead. Nearly half still don’t have a succession plan and of those that do, only 50% have decided who will take over the top job. These are just some of the findings of [...]

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How to retain key employees

As hiring across the globe is starting to pick up again, many companies could soon face a challenge they haven’t experienced in a few years — retaining the talented employees they need to move from recovery to growth, according to experts at Towers Watson, a global professional services company. Retaining key employees is one of [...]

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More Canadians were on move in 2010 and they were mostly headed West

A new report from the TD Bank suggests that Canadians are taking the phrase “Go West, young man” seriously. More Canadians were on the move last year as a percentage of the population than any year since 1998, the bank says. And most were headed West to take advantage of better job prospects and higher [...]

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Retiring at 65 could be a pipe dream for young Canadians

Canadians aged 25 to 34 fear that they will have to work longer into their golden years, according to a poll commissioned by Edward Jones. This is a concern that has increased over the past four years – in 2006, 28 per cent of Canadians aged 25 to 34 listed this as their top fear [...]

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Cost of living in Canada a top concern says RSA study

What worries Canadians? A recent study commissioned by global insurer RSA explores the most common and disparate fears felt in 2010 and shared by citizens of seven countries including Canada. When asked what our top five risks are, Canadians responded with the rising cost of living first, followed by climate change, damage to the natural [...]

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