Companies paying down debt also reduce their deposits and outstanding loans, according to CIBC
Deal resolves claims over mortgage prepayment charges
FCAC charged with selecting single, external complaints body
Half of the Big Six have committed to racial equity audits in response to engagement from activist shareholders
Revenue growth across major business segments was outpaced by rising costs
CIBC and RBC economists analyze impact of recent rate hikes
A KPMG survey finds 88% of Black Canadian workers feel companies need stronger commitments and targets for hiring and promoting Black people
Canadian wealth management revenue dropped 4.6%, and AUM was down 3.9%
Knowledge about saving and investing is lacking, polls show
Household debt concerns put upward pressure on capital ratios