The bank also boosted its quarterly dividend by 3¢ to $1.27 per share
The change will save the insurer money and attract more clients by making the application process faster
Nasdaq hits record
Loonie flirts with US77¢
The loonie ends the day with a decline
Launched in late 2015, the remittance business has spread to more than 45 countries, including Pakistan, Sri Lanka, Vietnam and the U.S.
Finance minister meets with a dozen private sector economists
Higher interest rates and pro-growth policies on the U.S. economy would boost business
U.S. markets climb to new record highs
There were 1.948 million sales of light vehicles last year, an increase of 2.7% compared to 2015