The province has enough money to balance the 2022-23 budget, says Finance Minister Donna Harpauer
However, food prices at grocery stores rose at the fastest pace since August 1981
Participating insurance sales helped drive 32% premium increase in Canada
Wealth sales in Canada dropped 10% from a year ago
The think tank says it's not expecting an economic contraction in Canada, but the risks are creeping up
The bank's wealth management arm earned $169 million in the quarter, up 3% from a year ago
CIBC's Canadian commercial banking and wealth management business earned $480 million for the quarter
Net income for the bank's wealth management division increased to $750 million compared with $683 million a year ago
Assets under management in Canadian retail were $411 billion as of April 30, up from $397 billion at the end of Q2 2021
Insurers attribute performance in some areas to higher rates, lower equity markets