Canada

Accord Financial Corp., a North American provider of factoring and other asset-based financial services to businesses, has released its interim un-audited consolidated financial results for the three and nine months ended 30 September 2011.

The Bank of Montreal (BMO) is migrating M I Bank s trade business to its own trade services platform, CGI-hosted Trade360.

Scotiabank signs seven-year contract with CGI Group Inc. to implement its cloud-based software as a service (SaaS) technology.

Accord Financial Corp.

Mark Perna, President of Accord Financial Ltd. in Canada, provides an overview of the Canadian factoring market for the World Factoring Yearbook 2011, covering industry environment, market performance, supply and future trends.

Bibby Financial Services funds a group of automotive supplier companies

Summary of financial results for three months ended March 31 2011

Canadian factoring and forfaiting firm CrawfordChurchill has agreed a factoring facility in excess of $50 million Canadian dollars for LSI Private Holdings.

CrawfordChurchill announced today it has prepared credit facilities available to LSI Private Holdings against traditional factoring methods.

In 2010 Canadian business insolvencies fell by 22 per cent compared to 2009