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Former BoC senior deputy governor will serve as external member of U.K.'s Financial Policy Committee

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CIBC's CEO commented on Canada's heated housing market ahead of the bank's annual general meeting

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Dave McKay also spoke at the bank's AGM about the need for a more inclusive Canadian society

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Darryl White spoke at the bank's virtual annual general meeting

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The limit was raised last year alongside other measures designed to help financial institutions weather the pandemic

  • By: IE Staff
  • April 6, 2021 April 6, 2021
  • 16:13
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The bank's Caribbean presence now includes 41 branches supported by 3,000 employees

  • By: IE Staff
  • April 1, 2021 April 1, 2021
  • 16:02
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Systemic risk tied to banks has been reduced, but policymakers still spot gaps

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Accounting rule changes, less risky loans and government support measures have banks ready for possible loan losses

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Credit loss provisions accumulated during the pandemic should see the banks through 2021

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Banks are mostly sitting on households' extra cash, research finds