WINNIPEG — Great-West Lifeco Inc. says its base earnings for the third quarter were $950 million, up from $809 million a year earlier.
Great-West Lifeco says its net earnings attributable to common shareholders were $905 million in the third quarter, down from $987 million during the same quarter last year.The company says base earnings from its Canadian segment were $296 million, down from $340 million a year earlier. 'What are you, an idiot?': Kevin O’Leary says people are wasting 15 to 20% of their income on ‘stupid stuff’ like coffee and sandwiches — here’s what he wants you to do insteadAs Canada's economy enters a period of sluggish growth, the big banks are looking to fortify their balance sheets against rising bad debts, but instead of tapping shareholders for funds, the lenders are expected to sell non-core assets and cap dividends, fund managers and analysts said.
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