National Bank to buy SVB’s Canadian commercial loan portfolio
Much of the portfolio is focused on the technology and life science sectors
- By: The Canadian Press
- August 1, 2023 August 1, 2023
- 15:24
Much of the portfolio is focused on the technology and life science sectors
Toronto-based firm sold 20% stake in U.S. business in May
Companies aren't doing enough to align portfolios, engage with companies and policymakers
Setting up verification methods with clients can help prevent them from being fleeced
Trio was recognized with award of merit
At issue is the financing of fossil fuel expansion projects
The ninth straight increase aims to stamp out painfully high inflation
Former immigration minister takes on expanded housing portfolio that includes infrastructure and communities
A surge in female branch managers could help address industry stigma
Economists have been downgrading their probabilities of a U.S. recession
The case stems from the GoAnywhere cybersecurity incident in January
Canadians’ unused TFSA contribution room exceeded the market value of their plans at almost all income levels
U.S. critics continue to push for relief for Americans who own seasonal properties in Canada
Since the pandemic hit, U.S. employers have added jobs at a blistering pace
The banking regulator will confirm any changes to liquidity requirements in October
Research commissioned by FP Canada and IQPF measured Canadians' ability to get through financial hardships
The bank's financial results will be released Aug. 24
The boost is part of the province's $4.5 billion in family supports
Food and housing costs continue to rise
The focus is on serving younger, less knowledgeable clients
But Canadians continue to pay substantially higher prices for groceries
Index funds will be forced to adjust their weightings, but actively managed funds may not have to make as many changes
The bank is the farthest along in this process among the Big Six
Volatility is to be expected in thematic tech funds, says Morningstar expert
Agency had been directing taxpayers to contact a CRA official before speaking with their tax advisor