Category : Search result: provisions for credit losses


N.B. Auto Parts Store Loses $20K in Break-In

Napa Auto Parts in Petitcodiac, N.B., was burglarized on Nov. 20, 2025, suffering significant losses. Police are investigating the incident that highlights local business security concerns.

B.C. flood insured loss tally still weeks away

The Insurance Bureau of Canada states it will take weeks to calculate total insured losses from the devastating B.C. floods. Get the latest details on the recovery and financial impact.

Windsor Police Ask Public to ID Fraud Suspect

Windsor police release surveillance image of a man wanted for a $3,000 fraudulent credit card purchase. Authorities urge anyone with information to contact the financial crimes unit.

U.S. Jobless Rate Hits 4.6%, a Four-Year High

The U.S. unemployment rate rose to 4.6% in November, its highest point since September 2021, as job growth slows and manufacturing sheds positions. Key officials debate the causes.

Bank Card Fraud Scheme Stopped in LaSalle

LaSalle police have successfully disrupted a significant bank card fraud operation. Learn how the scheme was uncovered and what it means for local financial security.

How to Help Seniors Avoid Scams and Fraud

Expert advice from the Credit Counselling Society on safeguarding older Canadians from phone, online, and in-person fraud while preserving their independence and dignity.

Expert Tips for Picking the Right Canadian Bank Account

Financial expert Christopher Liew breaks down the key factors for selecting a bank account in Canada. Learn about fees, ATM access, and choosing between big banks, credit unions, and online-only institutions.

Major Canadian Banks Beat Q4 Earnings Expectations

TD, BMO, and CIBC surpassed analyst forecasts in Q4, driven by capital markets and wealth management. Despite economic uncertainty, credit loss provisions remained manageable. Get the full analysis.

Domtar Crofton pulp mill closure cuts 350 jobs

Domtar is permanently closing its Crofton pulp mill, eliminating 350 jobs weeks before Christmas. The closure, blamed on lack of affordable wood, deals a devastating blow to B.C.'s forestry sector.

B.C. pulp mill closure leaves 350 out of work

A British Columbia pulp mill is shutting down, resulting in 350 job losses. The closure highlights ongoing challenges in Canada's forestry and manufacturing sectors.

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