World's Biggest IPOs: Saudi Aramco to Alibaba
A look at the largest initial public offerings in history, including Saudi Aramco and Alibaba, and their impact on global markets.
Category : Banking Finance
Two Arrested in Mount Forest Drug Trafficking Probe
Wellington County OPP arrested two individuals in Mount Forest following a drug trafficking investigation. The suspects face multiple charges.
Bank Earnings Beat Forecasts, Yet Investors Remain Cautious
Canada's Big Six banks exceeded Q2 earnings expectations, but share prices fell or stayed flat due to high valuations and economic uncertainty, with CIBC and National Bank dropping 5.3% and 4%.
More Canadians turn to GoFundMe for bills: rising desperation
A growing number of Canadians are relying on online fundraising platforms like GoFundMe to cover basic expenses, highlighting deepening financial struggles.
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Weekly Economic Calendar: Key Reports and Earnings Ahead
A preview of major economic reports and corporate earnings for the week, including PMIs, employment data, and notable company results.
Barrie Restaurant Owner Wins Lottery for Third Time
Filippos Triantafillou wins big in the lottery for the third time, marking a remarkable streak of luck for the Barrie restaurant owner.
Canadian Banks Resilient Amid Sluggish Consumer Environment
Ernest Wong of Baskin Wealth Management discusses how Canadian banks maintain resilience despite rising valuations and a sluggish consumer environment.
Canada Enters Technical Recession in Q1 2026: StatCan
Canada's economy contracted in Q1 2026, meeting the technical recession definition. Statistics Canada reports stalled growth amid global uncertainties.
Windsor Police Seize $121K, Arrest Two Suspects
Windsor Police arrest two suspects after seizing $121,000 in cash and drugs. The bust highlights ongoing efforts to combat drug trafficking in the region.
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Peel Police Seek Suspects in Prolific Fuel Fraud
Peel Regional Police are searching for multiple suspects linked to a prolific fuel fraud scheme targeting commercial trucks at Brampton gas stations, resulting in significant financial losses.
RBC Q2 Profit Up 25%, Raises Dividend
Royal Bank of Canada reports a 25% increase in Q2 profit compared to last year, prompting a dividend hike. The bank's strong performance reflects robust earnings growth.
TD Bank Reports $4.25B Q2 Profit, Raises Dividend
TD Bank announced a $4.25 billion second-quarter profit, leading to a dividend increase. The strong performance reflects robust earnings growth.
TD Bank Beats Q2 Earnings Estimates, Hikes Dividend
TD Bank reported Q2 net income of $4.3 billion, beating analysts' expectations. Adjusted EPS of $2.38 topped forecasts, and the bank raised its dividend by four cents to $1.12 per share.
RBC Beats Q2 Forecasts, Hikes Dividend on Broad Profit Growth
Royal Bank of Canada reported Q2 earnings above expectations, with net income up 25% to $5.5B. The bank raised its dividend and set aside less for bad loans.
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US CEO Pay Rose Nearly 6% in 2025, Some Staggering
Median pay for U.S. CEOs increased by nearly 6% in 2025, with some compensation packages reaching staggering levels, according to a new report.
National Bank Beats Q2 Expectations, Hikes Dividend
National Bank of Canada reported Q2 net income of $1.2B, up 38%, beating estimates. The bank raised its dividend and cut loan loss provisions by more than half.
National Bank Q2 Profit Up, Dividend Raised
National Bank reports Q2 profit increase from last year and raises dividend. The bank's strong performance reflects growth in key segments.
BMO beats Q2 expectations, raises dividend
Bank of Montreal reported Q2 net income of $2.6B, up 34%, beating analyst estimates on strong capital markets and wealth management performance.
Scotiabank Tops Earnings, Raises Dividend
Scotiabank reported Q2 earnings above expectations, driven by capital markets and wealth management. Net income rose 28% to $2.65B, and the dividend was increased to $1.14 per share.
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Retiring at 55 with $7.2M: Is Part-Time Work Needed?
Andrew, 55, with a net worth of $7.2M, wants to retire early. Family finance analysis shows a 4% return could sustain $200K income, but part-time work may be wise.
Man Serving 2-Year Sentence for Robbery Wanted: Police
Saint John police seek Bernard Kellar, serving a 2-year sentence for robbery, after a warrant was issued for his arrest. He is considered wanted by authorities.
Warner Bros. Boosts Loan Sale to $13.75B, Repays Bridge
Warner Bros. Discovery increases loan sale to $13.75 billion, aiming to fully replace $15 billion in bridge financing ahead of its $110 billion merger with Paramount Skydance.
Wall Street Catches Up to Global Market Gains
Wall Street rallied to catch up with global market gains. Other news: Guilbeault may quit caucus, B.C. submarine investment, and heatwave records in Europe.
Canadian Insolvency Filings Hit Great Recession Levels
Insolvency filings in Canada reached highs not seen since the Great Recession, with homeowner insolvencies up 11% and non-mortgage debt rising sharply, according to Equifax.
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Canadian Bank Profits to Grow Amid Rising Insolvencies
Canadian banks face profit growth but rising insolvencies and weak housing market. Equifax reports insolvency volumes highest since 2009.
Insolvency volumes highest since 2009: Equifax
Equifax reports insolvency volumes in Canada reached their highest level since 2009, driven by financial strain among homeowners amid rising interest rates and inflation.
CIBC Mutual Fund Investors Eligible for Class-Action Settlement
CIBC mutual fund investors may qualify for a class-action settlement. Learn about eligibility criteria and how to file a claim.
Delivery Hero Surges on Hopes for Higher Uber Takeover Bid
Delivery Hero shares surge above Uber's €10B offer as investors anticipate a higher bid. Rival DoorDash eyes Middle East unit, while antitrust concerns loom.
77 Charges After 21 Handguns Seized in Winnipeg Apartment
Winnipeg police seized 21 handguns from an apartment, leading to 77 charges against a man. The investigation highlights ongoing gun violence concerns in the city.
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Toshifumi Suzuki, 7-Eleven Japan founder, dies at 93
Toshifumi Suzuki, who revolutionized convenience stores in Japan and built the 7-Eleven empire, has passed away at age 93. His legacy reshaped retail worldwide.
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