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The U.S. wants Venezuelan oil. Does that undercut Canada's leverage in trade talks? - CBC Jan 10th
The U.S. wants Venezuelan oil. Does that undercut Canada's leverage in trade talks? CBCCanadian oilsands producers lose $8B of stock market value in 4 days Calgary HeraldThe past and potential of Venezuela’s oil sector, and what it means for Canada CTV NewsVenezuel.... More »
Sun Life Financial swings to higher profits in third quarter as revenue falls + MORE Nov 9th
CEO Dean Conner says the quarter showcased its many examples of bringing client-driven strategies to life
.... More »
TSX rallies, while New York stocks head lower before late-day bounce + MORE Dec 27th
A day after Wednesday's dramatic rise, New York stock markets reversed course and headed downwards amid uncertainty over trade and U.S. growth, then had another change of direction in the final hour of trading and ended in positive territory..... More »
The best high-interest savings accounts in Canada for 2025 + MORE Mar 31st
Savings comparison tool
Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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Myths and facts of reverse mortgages + MORE Sep 30th
A reverse mortgage is exactly what the name implies: accessing the existing equity you have built in your home by granting a mortgage to a lender without the need to make monthly payments.
And yet, there are many misconceptions about this financial product, which allows Canadians to borrow up to 5.... More »
CIBC, Royal Bank on the defensive at annual meetings over sales practices
– canadianbusiness.com
Chief executives at two of Canada’s biggest banks highlighted their efforts to listen to client and employee feedback in the wake of news reports that alleged some employees at financial institutions broke the law in order to meet sales targets.
Royal Bank CEO Dave McKay says his bank surveys its employees and customers regularly and makes changes to its business practices based on the feedback it receives.
Questions about sales practices have dogged the chief executives of Canada’s biggest banks during this year’s shareholder meetings, following CBC reports in recent weeks that cited unnamed employees who allege they faced pressure from management to boost sales or risk losing their jobs.
Speaking at Royal Bank’s (TSX:RY) annual meeting in Toronto, McKay said that of the 2.4 million accounts the bank opened last year, less than 0.05 per cent of clients escalated a complaint about the way that the account was opened.
Meanwhile, CIBC chairman John Manley said the bank has received no complaints from employees or customers that related to the types of sales practices described in the reports…
Royal Bank CEO Dave McKay says his bank surveys its employees and customers regularly and makes changes to its business practices based on the feedback it receives.
Questions about sales practices have dogged the chief executives of Canada’s biggest banks during this year’s shareholder meetings, following CBC reports in recent weeks that cited unnamed employees who allege they faced pressure from management to boost sales or risk losing their jobs.
Speaking at Royal Bank’s (TSX:RY) annual meeting in Toronto, McKay said that of the 2.4 million accounts the bank opened last year, less than 0.05 per cent of clients escalated a complaint about the way that the account was opened.
Meanwhile, CIBC chairman John Manley said the bank has received no complaints from employees or customers that related to the types of sales practices described in the reports…
Former PM Mulroney back on Parliament Hill in role as NAFTA broker
– canadianbusiness.com
Brian Mulroney was back on Parliament Hill today _ and he’s not mincing words about the challenges Canada faces in renegotiating the North American Free Trade Agreement.
The former prime minister, a personal friend of Donald Trump and for many the grandfather of free trade in North America, has been helping Justin Trudeau’s government navigate the new U.S. administration.
He was meeting with members of the Liberal cabinet to brief them on the efforts so far and how NAFTA negotiations between Canada and the U.S. are likely to proceed.
“I think they’re going to be very challenging,” Mulroney said of the upcoming talks, citing the unpredictable nature of the U.S. administration and its comments on the trade file.
Following Trump’s fiery anti-NAFTA rhetoric, a meeting with Trudeau at the White House appeared to cool the U.S. president, who at the time seemed “to have adopted a pretty reasonable posture,” Mulroney said.
“Then the letter from the (U…
The former prime minister, a personal friend of Donald Trump and for many the grandfather of free trade in North America, has been helping Justin Trudeau’s government navigate the new U.S. administration.
He was meeting with members of the Liberal cabinet to brief them on the efforts so far and how NAFTA negotiations between Canada and the U.S. are likely to proceed.
“I think they’re going to be very challenging,” Mulroney said of the upcoming talks, citing the unpredictable nature of the U.S. administration and its comments on the trade file.
Following Trump’s fiery anti-NAFTA rhetoric, a meeting with Trudeau at the White House appeared to cool the U.S. president, who at the time seemed “to have adopted a pretty reasonable posture,” Mulroney said.
“Then the letter from the (U…
Six mind-blowing numbers about Toronto real estate and your personal finances
– theglobeandmail.com
These six numbers illustrate just how mind-boggling Toronto’s real estate market has become
