CIBC Hikes Dividend After Q4 Earnings Beat
CIBC raises its quarterly dividend to $1.07 per share following a strong fourth quarter, with adjusted net income hitting $2.19 billion. Read the full analysis of the bank's performance.
CIBC raises its quarterly dividend to $1.07 per share following a strong fourth quarter, with adjusted net income hitting $2.19 billion. Read the full analysis of the bank's performance.
EQB Inc. has agreed to purchase the PC Financial business from Loblaw Companies Ltd. in a landmark transaction valued at approximately $800 million. The deal reshapes Canada's banking landscape.
Alberta cabinet ministers state financial considerations were central to the decision to invoke the Charter's notwithstanding clause in the teachers' dispute. Get the latest on this provincial political development.
Laurentian Bank CEO Éric Provost details the strategic $1.9 billion asset sale to National Bank and Fairstone Bank, marking a significant shift for the Canadian financial institution. Learn the details and implications.
National Bank of Canada reports increased fourth-quarter profit, driven by its wealth management division. Get the latest financial results and analysis.
Royal Bank of Canada announced higher fourth-quarter profits compared to last year and raised its dividend. Get the key financial details and market implications.
A bid by the Thomson and Weston families to acquire the historic Hudson's Bay charter is set to proceed without challenge, a source confirms. Explore the implications for Canadian heritage.
Laurentian Bank's sale to National Bank is finalized. Learn what this means for account holders, services, and the future of banking in Canada. Get the full details here.
The Thomson and Weston families' joint $18 million bid for the historic Hudson's Bay Company Royal Charter goes uncontested. The document will be donated to Canadian museums. Read the full story.
Scotiabank reported Q4 net income of $2.2B, beating analyst forecasts. Results were boosted by global banking, despite $373M in restructuring costs tied to workforce reductions.
Laurentian Bank of Canada has finalized its sale, with assets divided between Fairstone Bank and National Bank. Get the details on this significant shift in Canadian banking.
The Bank of Montreal will shutter its Melville, Saskatchewan branch in June 2026, following closures in Weyburn and Davidson. Learn what this means for local banking.
A Kitchener father explains his legal challenge against the Waterloo Region District School Board's mandatory land acknowledgments, arguing they violate Charter rights. Read the full story.
A British Columbia tribunal has resolved a complex dispute involving an unusual credit arrangement. Learn how the case unfolded and what it means for financial agreements in Canada.
As Canadian banks enter Q4 2025, they face immense market pressure. Explore the financial outlook and key challenges for Bay Street.
Waterloo Region District School Board faces legal action over compulsory land acknowledgments. Lawsuit claims violation of Charter rights. Get the latest details.
Morgan Stanley pays €101 million fine for Cum-Cum dividend tax evasion in the Netherlands. Learn about this major European tax enforcement case.
A new Regula study reveals biometric verification is the most attacked point in digital ID processes, prompting a strategic shift towards orchestrated systems for Canadian financial institutions.
Evan Siddall, ousted from AIMCo in 2024, has been appointed vice-chair of BMO's capital markets division following a reorganization. Learn about his Wall Street connections and career journey.
Ontario court approves Hudson's Bay Co.'s auction of its historic 1670 Royal Charter with protections ensuring it remains in Canada and publicly accessible. Read about the unique bidding process.
A Canadian court has approved Hudson's Bay Company's plan to auction its historic 1670 royal charter. This landmark decision could reshape Canadian retail history.
Westmount Charter School students staged a walkout protest against Alberta's Bill 9, declaring 'We're tired of sitting down' in defense of transgender children's rights.
Canada's banking regulator OSFI announces capital requirement changes to help banks increase lending to businesses and consumers. Learn how this affects the economy.
Canada's banking regulator OSFI proposes easing capital rules to free up $1 trillion in lending capacity while maintaining financial stability. New measures target SMEs and real estate.
The Alberta Teachers' Association is taking the provincial government to court over a labour and Charter dispute. Get the latest details on this escalating conflict.
Carlo Messina, CEO of Intesa Sanpaolo, has been honoured as European Banker of the Year 2024. Discover how his leadership combines profitability with social impact.
Alberta's Smith government invokes Charter's Section 33 to protect transgender youth legislation. Constitutional experts debate the clause's original purpose and increasing provincial usage.
Ontario's controversial Bill 33 grants the education minister sweeping powers, raising questions about the future of charter schools in the province. Explore the implications.
Scotiabank will pay nearly $34,000 after Consumer Protection B.C. found the bank harassed a client with over 100 collection calls. Learn your rights against debt collection harassment.
A British Columbia regulator resolves complaint after Scotiabank made over 100 contacts with a debtor. Learn about the resolution and banking regulations.