Canadian government

• Why the U.S. penny won’t die like Canada’s

  By Staff Writer  |  February 5, 2013

  Canada will save $11 million a year by killing its penny; the U.S. could save $75 million a year by changing the metallurgical makeup of its penny.

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  Across the Globe, the Regulatory Vise Tightens

  By Warren S. Hersch  |  July 1, 2012

  During the 2012 annual meeting of the Million Dollar Round Table, held in Anaheim, Calif., June 9-13, editors of Summit Business Media’s LifeHealthPro group—Warren Hersch of National Underwriter Life & Health, Brian Anderson of Life Insurance Selling and Daniel Williams of Senior Market Advisor—met with MDRT members from New Zealand,...

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  Across the Globe, the Regulatory Vise Tightens

  By Warren S. Hersch  |  June 18, 2012

  During the 2012 annual meeting of the MDRT, members from Australia, Canada, the U.S. and the U.K. explored regulatory, practice management, and product issues and trends.

• Fact and Figures about Canada's Old Age Security (The Globe and Mail)

  By Staff Writer  |  March 30, 2012

  Canada expected to raise age requirement to collect retirement from 65 to 67.

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  Canada’s Proposed Ban on Banks Selling ‘Annuity-like’ Products Not Expected to Happen Here

  By Maria Wood  |  January 25, 2012

  Since 1999, U.S. banks have been permitted to sell annuities and experts here don’t expect that to change.

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  Canada Plans to Ban Banks from Selling Annuity-like Products

  By Maria Wood  |  December 20, 2011

  In recent years, several Canadian banks have introduced products that act like annuities, which is prohibited under current law in the country.

• Canada to Ban Bank Sales of Annuity-Like Products (Reuters)

  By Staff Writer  |  December 19, 2011

  The Canadian government will prevent the country's banks from selling financial products that function like life-insurer annuities, products that pay out predetermined returns regardless of market fluctuations.