Costs related to layoffs totalled $223 million, though the bank didn't disclose the number of employees let go
Plus, Horizons makes changes to its asset allocation suite
The Federal Reserve will likely welcome Tuesday's data
The downturn in spending showed up in the earnings reports of many high-profile retailers
Many who remain skeptical may be using the technology already
Majority of Canadian businesses still see rising inflation as obstacle, according to a StatsCan survey
Bank earnings continue, with jobs and GDP data later in the week
Activists say banks aren't delivering on efforts against climate change
Former firm provided reps with improper incentives, regulator alleged
Whistleblower first reported suspected misconduct internally, regulator said
Her address followed a speech earlier Friday in Jackson Hole by Federal Reserve Chair Jerome Powell
Revenues for the period totalled $110.58 billion, up from $107.88 billion a year earlier
Targeted stimulus and consumer spending seen as keys to jump-starting economy
'Hot print' from Micron Technologies boosted enthusiasm for tech stocks, says portfolio manager
Central bank sees slowdown in wage gains from collective agreements
Rise in benchmark short-term rate to 0.75% is aimed at curbing inflation
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
Execs that previously pleaded guilty in fraud case accept regulatory sanctions
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
QAFP exam has one more sitting before title protection transition ends
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
Mutual fund, ETF AUM rose for the seventh consecutive month
Plus, other product launches and news, including more ESG fund terminations
More than 300 new products landed in 2025 — a new record