Health, education come out ahead in restrained Alberta budget
Total spending is forecast to rise by 3.9% increase from last year
- By: Bob Weber
- March 1, 2024 March 1, 2024
- 09:17
Total spending is forecast to rise by 3.9% increase from last year
The bank reported a first-quarter profit of $2.82 billion, up from $1.58 billion a year earlier
Company says fears of impaired loans in its U.S. office portfolio have also been sorted out
They want investment firms to be transparent about the use of AI and smart about mitigating risks
The bank's wealth management arm earned $606 million, down from $830 million a year earlier
Revenue for the quarter totalled $2.71 billion, up from $2.56 billion in the same quarter last year
Fraudsters take advantage of economic vulnerabilities, credit reporting agency says
Shift report downgrades CPPIB, gives AIMCo worst grade
The bank doesn't see a pickup in Canada until later this year
Wealth management earned $240 million, up from $159 million a year earlier
The platform also launched a cost base calculator
Targeted questions, simplified requirements are part of the changes
Firm announces bid to repurchase up to $85 million of its shares
Over time, the bank intends to reduce its controlling stake
Province's election budget boosts family benefits as deficit soars to $7.9B
Opposition calls for transparency
Agency confirms the interest rate Canadians must pay on overdue tax will remain 10%
CRA has indicated that employees who worked from home in 2023 by choice can claim employment expenses
Earnings per share were $2.46, up from $1.71 a year earlier
Also, Lester Asset Management launches Canada's first biodiversity fund
Hirees to work at eight different financial institutions
Employees need the form to claim home-office expenses this tax filing season
Net assets grew to $590.8 billion
Two people departed from Scotiabank, including veteran executive Jake Lawrence
In Canada, assets under management were up 3% in 2023