Transport and Logistics – Connecting Canada to the Global Economy

May 10th, 2012 No comments

Good morning. It’s a pleasure to be with you as you reflect on the challenges facing the North American transport and logistics industries in the current global economic environment. Your industries are inextricably linked with the wider economy: they enable other economic activity by connecting producers with their suppliers and markets elsewhere in Canada and around the world.

Throughout Canadian history, transport has played a critical role in the development of our nation, knitting together the economy over vast distances and forging strong trade links around the world. So as I speak to you today, I would first like to think back to the last great wave of globalization, a century ago. One of the giants of that time was Charles Melville Hays, whom Sir Wilfrid Laurier described as “the greatest railroad genius in Canada.” Hays, President of the Grand Trunk Railway, had a vision: to build a second transcontinental rail line across Canada with Prince Rupert as its western terminus, establishing a gateway to the Pacific.

Hays did not live to see his vision realized. One h

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Ally Bank Online Banking May 2012

May 6th, 2012 No comments

The Ally Bank internet banking is a unit of Ally Financial that is truly an internet bank. It does have its corporate headquarters in Midvale, Utah but there are no branch offices you can visit. This bank was created from the old GMAC Bank back in 2001.

The Ally Bank online banking services included everything you need to manage and conduct your financial matters online. This includes the viewing of your account balances, transferring funds and viewing your recent transactional history.

Since there are no branch offices, to deposit money into your account has to be done by electronic means or snail mail. The electronic means includes direct deposit, at any ATM in the nation of by scanning your check and submitting it to the bank via the portal on the website.

There are also numerous alerts that can be set up to help keep you apprised of your financial matters.

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Categories: Banking Glossary Tags: Ally Bank, Banking

Global Liquidity Is Having a Major Impact on Financial Stability and Economic Growth, Says Bank of Canada Governor Mark Carney

April 13th, 2012 No comments

London, United Kingdom –

Large, abrupt fluctuations in global liquidity are having a major impact on global financial stability and economic growth, Bank of Canada Governor Mark Carney said today in a speech to the Canada-United Kingdom Chamber of Commerce. “Over the medium term, the continuation of such extreme liquidity cycles could ultimately threaten open capital markets and a free trading system if not better addressed,” he warned.

Governor Carney described overall global liquidity conditions as the result of complex interactions among several factors, including macroeconomic policies (such as the monetary policy stance and exchange rate regime), microprudential regulations (such as capital and liquidity rules), financial market innovation and risk appetite.

Over the past five years, global liquidity has swung wildly from an “exuberant surge” to a “severe retreat” to a renewed flow of liquidity in response to massive monetary and fiscal policy stimulus, the Governor said. “Now the cy

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Transportation Alliance Online Banking March 2012

April 6th, 2012 No comments

The Transportation Alliance internet banking is being offered by the TAB Bank. This financial institution first started serving the public back in 1998 and is still helping those in the transportation industry, along with many other sectors of business today.  They specialize in assisting small and medium size business in the US and Canada.

The Transportation Alliance online banking has had a recent problem after their last upgrade of their system. If you have experienced any problems, they have a direct link to someone who can assist in resolving any issues you might currently have when you are using their online banking services.

The Transportation Alliance electronic banking is made easy and convenient with the choices they now offer their customers. A good example of this is their checking accounts. There is the MoneyCard Now and the MoneyCard Checking Now.

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Kaiser Federal Bank CD Rates March Review 2012

March 25th, 2012 No comments

This is a Kaiser Federal Bank CD rates March Review, 2012 in our continuing effort to keep you abreast on all the changes that are occurring in the financial sector of the business world. This will give you the data to make a more informed decision when investing your money.

Since our last visit just a few months ago, the CD rates being offered by Kaiser Bank have seen a reduction in the return they are creating for their customers. The amount of reduction is from 0.10% to 0.20% in the APYs.

The current bank CD rates include the 90 to 181 Days CD that is earning an APY of 0.20%. The 182 to 364 Days CD is earning an APY of 0.30%.

The 1 to 2 year CD is earning an APY of 0.50%. The 2 to 3 year CD is earning an APY of 0.60%. The 3 to 5 year CD is earning an APY of 1.20%.

Their best CD rate is from the 5 year CD that is earning an APY of 1.50%.

Any of these CDs can be opened either at your local Kaiser Federal Bank Branch office or online.

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Global Liquidity

March 22nd, 2012 No comments

It is a pleasure to be in London and an honour to speak in Drapers’ Hall.

This magnificent building was for centuries where merchants met to trade cloth. During the 15th and 16th centuries, the Drapers’ Company was one of the most important City companies. It had extensive powers to regulate the woollen cloth trade in the City of London—setting the standard measure by which all cloth was sold and controlling its sale at fairs held in the City. Dealers could only sell cloth to a freeman of the Company and, as their portraits on these walls attest, it was a very profitable monopoly for those on the inside. It was, however, decidedly less advantageous for those on the outside, and so the stranglehold of the Drapers’ Company eventually eroded.

By the 17th century, the trade began to move out of the City and the companies’ powers of regulation declined. Eventually, freed from the restrictions of the guilds, a highly competitive, global textiles industry became one of the foundations of the British Empire. While woo

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Categories: Banking Glossary Tags:

Suncoast Schools Federal Credit Union Online Banking March 2012

March 6th, 2012 No comments

The  Suncoast Schools Federal Credit Union internet banking is a service this credit union offers their customers now. This CU has been in business since 1934 serving the teachers of central Florida, especially Hillsborough County. This is the largest credit union in Florida and the 14th largest in the nation.

The Suncoast Schools Federal Credit Union online banking services has many of the standard features expected from the online banks. This includes the checking of your account balances 24 hours a day. You will also have instant access to your recent transactional history for up to 90 days in the past.

The Suncoast Schools Federal Credit Union electronic banking also makes it possible for you to reorder paper checks, view canceled checks and place a stop payment on a check online.

Your monthly statements can also be accessed online. You will be sent a notice when this is available each month.

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