Companies paying down debt also reduce their deposits and outstanding loans, according to CIBC
Tighter credit standards are expected to be followed by a reduction in lending
Lack of data makes it tough to assess stability risks, Moody's warns
In another measure aimed at vulnerable Canadians, the CRA will pilot automatic tax filing in 2024
Sanctions softened to avoid putting bank out of business
Fed's next move comes into question as uncertainty intensifies
Russia, China drove surge in defaults last year
Certain fees were not disclosed to borrowers for almost 20 years, regulator alleged
Revenues were generally strong but earnings differed based on loan-loss reserves, Fitch said
Robert-Falcon Ouellette and Roland Bailey will lead the program