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Phoenix Research and Trading Corp. was a Canadian hedge fund firm, based in Toronto, Ontario, that experienced catastrophic trading losses.The firm's fixed income trader, Stephen Duthie, accumulated losses in unhedged U.S. Treasuries that resulted in Phoenix losing approximately 75% of its assets in a month as the positions were unwound.
In 1851, the oldest predecessor of The Phoenix Companies, The American Temperance Life Insurance Company, was founded.The American Temperance Life Insurance Company was a part-mutual, part-stock company that insured only those who abstained from alcohol and was founded by a group of prominent Hartford businessmen as well as religious and civic leaders.
Phoenix is a former coal mining community between Nordegg and Rocky Mountain House in west-central Alberta, Canada. [ 1 ] A sawmill operated along the North Saskatchewan River near Phoenix in the 1920s to produce railway ties for the Burrows Lumber Company.
In 1936, W.E. McArthur leased the mine, extracting from the old workings. After buying the property, he operated intermittently until 1946. Repurchased by the Granby company in 1955, open-pit mining began in 1959. [12] Erecting a concentrator, Granby mined until 1976. Ore trucked across the border prolonged the plant operations a further two ...
Frederick Stephen Mannix was born on 3 February 1881 on a farm near Stonewall, Manitoba, to George Charles Mannix (1845–1934) and Frances Bunn (1849–1918).. Mannix's father, George Charles Mannix (1845 – 1934), was born in Courtmacsherry, County Cork, Ireland, and had come to Canada before Confederation with his two brothers.
It operated as an open-ended investment trust in Canada, and was one of the equities known as "Canroys" – short for "Canadian royalty trusts." [2] [3] In 2009 the Korea National Oil Corporation made a buyout offer for Harvest, which was accepted, with shareholder approval. The trust was delisted from the Toronto Stock Exchange and the New ...