Montreal-based bank raises quarterly dividend to $1.10 per share, an increase of four cents
Rating agency cites potential fallout from anti–money laundering deficiencies at the bank
Reichmann Segal Capital Partners says it plans to invest in new product development and expansion
However, StatsCan says its early estimate of the metric for April was a 0.7% increase
Regulator says homeowners could face payment shocks due to higher interest rates when they next renew their mortgages
Almost a third of Canadians believe the cause is grocery stores trying to increase profit margins
Net assets for year ending March 31 totalled $632.3 billion
Committee has set a date of June 13 for the chief executives of RBC, TD, CIBC, BMO and Scotiabank to appear
The cuts come as the bank continues to work through its turnaround plan
The seasonally adjusted annual rate of housing starts in Canada came in at 240,229 units for April, a drop of 1% from March