An inverted curve foretells a recession. But the arrival, duration and depth of that recession are another matter
Urban starts increased by 2% during the month
"You can't keep your blinders on," CIBC's Victor Dodig told a conference Wednesday
CIBC reported net income of $1.4 billion for the quarter ended July 31
Several analysts estimate the country's six biggest banks will see modest earnings-per-share growth
RBC and CIBC will kick off the earnings season for Canadian banks
Acquisition bolsters the bank’s presence in the U.S.
Jobs growth dominated by full-time, low-paying employment
Firm expects banks will build up their capital reserves — which already exceed the new minimums — even further
Profits rise along with credit loss provisions