This trashy asset class can take a lot more pain, says fund manager – CNET – ApparelGeek

Few assets have been immune to the financial market punches this year, and junk bonds have also been pretty, well, trashy. Since the beginning of the year, the SPDR Bloomberg High Yield Bond ETF JNK,-1.66%lost 16%, which is sure to be the worst performance since the 2008 financial crisis. Its spread to Treasuries has now … Read more

A fund to promote labor attraction in Abitibi-Témiscamingue

In effect for a period of three years, the program is financed by the Desjardins caisses in the region and aims to counter the effects of the labor shortage in Abitibi-Témiscamingue. It is the region’s Carrefours jeunesse-emploi that manage the fund and provide entry points for people wishing to benefit from it. Three-pronged incentives The … Read more