February 7, 2012
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TORONTO, Feb. 6, 2012 /CNW/ - You've moved in together or chosen a sparkling engagement ring, but did you remember to pay off your maxed out credit card and set aside some money for your retirement? If not, "happily ever after" may be a little further away than you had originally anticipated. According to the TD Canada Trust Valentine's Day poll, 77% of Canadians say they would not marry someone who was bad at managing their personal finances or if they held excessive debt.
TORONTO, Feb. 2, 2012 /CNW/ - The Board of Directors of Davis + Henderson Corporation (TSX: DH) ("D+H" or the "Company") today announced that Gerrard Schmid, the Company`s President and Chief Operating Officer, has assumed the role of CEO and joined the D+H Board. This appointment is consistent with the Company's succession plan and follows the previously announced planned retirement of Bob Cronin. Mr. Cronin will serve as an advisor to the CEO through 2012 to finalize the transition.
Over the past two and a half years, the U.S. economy has been gradually recovering from the recent deep recession. While conditions have certainly improved over this period, the pace of the recovery has been frustratingly slow, particularly from the perspective of the millions of workers who remain unemployed or underemployed. Moreover, the sluggish expansion has left the economy vulnerable to shocks. Indeed, last year, supply chain disruptions stemming from the earthquake in Japan, a surge in the prices of oil and other commodities, and spillovers from the European debt crisis risked derailing the recovery.
Construction was down 0.3% as both residential and non-residential building construction decreased. Engineering and repair work was unchanged in November. In the residential sector, construction of single-family dwellings continued to decline. In non-residential building construction, the decrease in institutional and commercial buildings outweighed the increase in industrial buildings.

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Person to Person
VERICO TV Jan 2012
Welcome to 2012, another year has begun and we are well under way to an exciting, prosperous year.
In the Media
Michael Sjerven, VERICO Vidid Mortgage, speaks with CTV
With the Canadian housing market expected to cool in the coming year, the Bank of Montreal has lowered its five-year fixed mortgage rate to a record low. While the rate was slashed to 2.99 per cent Thursday, down half a point, it does come with a few hitches.
VERICO Announcements
The best of the best are here in the VERICO Network. Don't miss your chance to be recognized at the CMP Awards. Nominate your deserving peers!
"Richmond mortgage broker Chris Pughe said just one of the lenders she deals with, AGF, is offering 2.99 for a five-year fixed mortgage, but several are close. 'There are some with a four-year at 2.99 and a lot of the lenders are at 3.19 or 3.29 right now [for five years]," Pughe said."
Welcome to 2012, another year has begun and we are well under way to an exciting, prosperous year.
Start your year out right with a Business Plan! Register now for the online Business Planning workshop. 2012 promises to be another exciting year in the mortgage industry. Be prepared to make the most of this year by developing and implementing your own Business Plan!
Sabeena Bubber, VERICO Integre Mortgage Partners and Reed Harris of VERICO Manifest Mortgage Corp are interviewed about this unique market.
Le programme hypothécaire national AGF VERICO, offrant l’un des produits les plus novateurs et concurrentiels et l’une des meilleures rémunérations sur le marché, continue de gagner du terrain auprès des courtiers hypothécaires VERICO.
The AGF VERICO co-branded, national mortgage program, offering one of the most competitively priced and innovative products with industry-leading compensation, has been steadily gaining ground with VERICO Mortgage Brokers.
VERICO Acme Financial Inc. was recognized for Excellence within the industry at the Awards Gala dinner held during the CAAMP confernece on November 20, 2011. On behalf of VERICO Canada, we congratulate Shane Bruce, Mark Norman & Cheryl Stoyles-Sellars.
Elisseos Iriotakis, owner of VERICO Safebridge Mortgage Solutions was recently interviewed by CMP Broker News TV. Check out this video on Realtor incentives.
Canadian Mortgage Trends.com recently interviewed Geoff Parkin, co-owner of VERICO Select Mortgage Group in Surrey, BC. Parkin is also the current president of MBABC, a CFA and CGA. Read the full interview from Geoff on rates, compensation and service.
VERICO Canada has updated its automatic Rate Sheet. If you have been using this automated Rate Sheet, please update your current version with the new Rate Sheet found on the VERICO Intranet.

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