Category : Banking Finance


Canadian Banks Have $879M Exposure to Struggling Goeasy

Canadian banks hold approximately $879 million in loan exposure to Goeasy Ltd., which recently suspended dividends and reported $331 million in net charge-offs. Analysts suggest banks are protected from direct losses.

Bank of Canada Debates Oil Shock Inflation in Rate Deliberations

The Bank of Canada expressed concerns about soaring oil prices from the Iran war affecting inflation during recent rate decisions. Meanwhile, CRA denies disability tax credits, helium liquefaction plans advance, and critical minerals mining expands in Alb

KPMG Faces OSC Allegations Over Failed Audits

The Ontario Securities Commission alleges KPMG misrepresented audit quality for Bridging Finance funds, failing to properly value loans and harming investors, with penalties up to $40 million sought.

Ontario Budget Cuts Wrong Business Tax Rate: Analysis

The Ford government's 2026 budget reduces the small-business tax rate, but experts argue this widens the 'tax wall' that discourages growth. They recommend cutting the general rate instead to encourage expansion.

Judge Rejects CRA Motion in Tavares Tax Case

A federal judge has dismissed a procedural motion by the Canada Revenue Agency in its $8 million tax case against Toronto Maple Leafs star John Tavares, though the legal battle continues.

How Loans and Spending Affect Your Credit Score

An in-depth analysis reveals how personal loans, credit card usage, and spending patterns influence credit scores, offering insights for financial management and credit health improvement.

Bank of America Settles Epstein Lawsuit for $72.5M

Bank of America has agreed to pay $72.5 million to settle a lawsuit from Jeffrey Epstein's accusers, resolving allegations related to the bank's financial dealings with the convicted sex offender.

Page 10 of 34
Pickt mobile sticky banner — logo, tagline and CTA button