Article Abstract:
Some investors purchase the life insurance policies of the terminally ill, paying between 50% to 85% of the policy's face value. Supporters of viatical settlements say they provide needed funds to people with AIDS or other terminal illness. There is a movement to legalize viaticals in Ontario.
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Article Abstract:
British Columbia Liberal Gordon Wilson opposes Canada's involvement with the Multilateral Agreement on Investment. He says the agreement could cost Canada thousands of jobs and let foreign firms gain too much control over Canada's economy. Prime Minister Jean Chretien supports the agreement.
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Article Abstract:
Industry experts attribute record 1996 bank profits to three factors: reduced loan losses; increased profits from investment banking and mutual fund sales; and expansion of international operations.
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