The deal for Banco Dominicano del Progreso will double Scotiabank’s customer base in the country
Loonie slips
Canada added 82,000 of the less desirable part-time positions in July while losing 28,000 full-time jobs
The recent results give the CPP Fund a real rate of return of 10.4% over five years and 6.4% over 10 years
U.S. markets were mixed on Thursday
Sun Life is concerned about “cautious” investors while Manulife moves forward on aggressive cost-cutting initiative
The company’s Q2 reported earnings of $729 million beat analysts’ expectations of $705.8 million
Core earnings were up in the firm’s Canada, U.S. and global wealth- and asset-management divisions while earnings slipped in Asia
Although about half of baby boomers plan to downsize, 56% said they consider the neighbourhoods they currently live in to be unaffordable
The source of the selloff is unclear, but it comes after Saudi Arabia has responded forcefully to criticism from Canada’s federal government