A hearing is scheduled for September to determine damages for unpaid hours
The acquisition would result in Canada's seventh-largest bank
StatsCan estimates the economy grew by 4.9% last year
The Bank of Canada warned Wednesday that rates will need to rise to bring inflation back to the central bank's 2% target
Accommodation and food services are among the sectors leading growth in Canada’s GDP, StatsCan says
The bank maintained its guidance that rates aren't expected to rise until sometime between April and September
The wealth management business earned $558 million, up from $546 million a year earlier
The bank reported a profit of $776 million, plus growth in AUA and AUM
The pandemic has made it harder to assess the job market and inflationary pressures
Fellow life insurers Manulife and Sun Life also announced dividend hikes this month