The notes will bear interest of 4.0% annually for the first five years
Taking population growth into account, CIBC says Canada's employment gap is around 650,000
The bank's year-over-year income rose nearly 50% in Q3
The mandates at the banks follow announcements by Sun Life Financial Inc. and others
Residential investment has far outpaced business investment
Only 35% of businesses are back to normal sales levels, the CFIB says
RBC's rating was lowered as a result of the sector's weaker assessment
ETF versions are expected in the coming weeks
Ex-rep admitted to misappropriating money and undisclosed borrowing from a client
The bank beat analysts' expectations by earning $1.65 billion in Q2