McCaughey says bank is preparing for further writedowns
U.S. markets drop on weak economic data
Small investors seen as potential stumbling block for restructuring plan
$4 million set aside for research and education centre
$750 million in business tax relief
Inflation in both at "uncomfortable" levels
DGI direct home and auto plans now on offer
Commodities selloff putting pressure on currency
Falling commodity prices weighed heavily on Toronto stocks Wednesday as mounting evidence of a recession south of the border cast doubt on U.S. demand. The Canadian dollar had its biggest single-day plunge in nearly 46 years, falling 2.19¢ against the U.S. dollar as a bleak outlook for the world’s economies also pushed down the price […]