The announcement comes a day after Scotiabank said it was cutting 3% of its global workforce
Data reinforces the BoC's decision to hold rates, economist says
Total household debt reached $2.3 trillion in Q2, up 4.2% from last year
Many who remain skeptical may be using the technology already
Housing markets have settled down in recent months with prices moderating
Increases in bond yields helped reduce plan liabilities
Barclays analyst predicts Winnipeg-based insurer will deploy capital to strategic growth avenues
Rent and mortgage costs led to the first increase in the annual rate since it peaked at 8.1% in June 2022
The year-over-year sales decline was markedly smaller than the drops reported in recent months
Participating life helps drive Canadian insurance sales, but wealth sales drop 23%