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Do you need market-neutral ETFs in your portfolio? Apr 23rd
In August 2025, I wrote about a concept that started gaining traction among financial advisors: the 40-30-30 portfolio. This allocation emerged in the aftermath of the 2022 bear market, when rising inflation and aggressive interest-rate hikes caused both stocks and bonds to decline at the same .... More »
New Brunswick focus on balancing books before paying down debt:minister + MORE Oct 1st
FREDERICTON – New Brunswick’s finance minister says the government needs to focus on balancing the books before it can begin paying down the province’s net debt.
Roger Melanson spoke Thursday following the release of the 2014-15 audited financial statements Wednesday.
The statement.... More »
Bill Gates: Windows Phone could have defeated Android - TechRadar Nov 7th
Bill Gates: Windows Phone could have defeated Android TechRadarBill Gates thinks Windows Mobile would have beaten Android without Microsoft’s antitrust woes The VergeBill Gates blames anti-trust lawsuit for Microsoft's big miss on mobile: 'Instead of using Android today, you .... More »
How much do children cost? The 'mommy tax' for women lasts at least 5 years, Royal Bank says + MORE Apr 1st
Having children comes at a "significant" cost for a woman's career, according to a recent report from the Royal Bank of Canada, which says women lose earnings for up to five years after giving birth..... More »
Why it seems like you can never get ahead (Hint: It’s not your streaming subscription) Mar 25th
“It’s the economy, stupid.” So said Clinton strategist James Carville in 1992 about the primary concern of American voters, but it could just as believably be about today’s Canadians. According to 2025 numbers by market research company Ipsos, 23% consider inflation and cost of living to be .... More »
Citizens Bank to pay $34.5 million in refunds, penalties over deposit credit discrepancy
– canadianbusiness.com
WASHINGTON – Citizens Bank has been ordered to pay $34.5 million in refunds and penalties for shortchanging customers on their full deposits.
Federal regulators said Wednesday the Providence, Rhode Island-based bank kept the difference when deposit slips and the actual amount of money transferred didn’t match.
The Consumer Financial Protection Bureau, FDIC and Office of the Comptroller of the Currency ordered Citizens Bank to pay $14 million in refunds to customers and $20.5 million in penalties.
Regulators say Citizens Bank only looked into discrepancies greater than $25 or $50. More than 475,000 business and consumer accounts were affected between January 2008 and November 2013.
Regulators called the bank’s actions unfair and deceptive.
Citizens Bank says it has corrected its system for handling mistaken deposit slips and has adequate reserves to cover refunds and fines.
The bank operates in 11 states.
The post Citizens Bank to pay $34.5 million in refunds, penalties over deposit credit discrepancy appeared first on Canadian Business – Your Source For Business News.
Federal regulators said Wednesday the Providence, Rhode Island-based bank kept the difference when deposit slips and the actual amount of money transferred didn’t match.
The Consumer Financial Protection Bureau, FDIC and Office of the Comptroller of the Currency ordered Citizens Bank to pay $14 million in refunds to customers and $20.5 million in penalties.
Regulators say Citizens Bank only looked into discrepancies greater than $25 or $50. More than 475,000 business and consumer accounts were affected between January 2008 and November 2013.
Regulators called the bank’s actions unfair and deceptive.
Citizens Bank says it has corrected its system for handling mistaken deposit slips and has adequate reserves to cover refunds and fines.
The bank operates in 11 states.
The post Citizens Bank to pay $34.5 million in refunds, penalties over deposit credit discrepancy appeared first on Canadian Business – Your Source For Business News.
Before the Bell: Stocks to rally in volatile market
– theglobeandmail.com
Our equities analyst looks ahead to the investment day
Cineplex gets box-office bump from Avengers, Jurassic and Furious sequels
– canadianbusiness.com
TORONTO – The owner of Canada’s largest chain of movie theatres says its second-quarter revenue hit a record-high $345.5 million, after rising 6.8 per cent from last year.
Cineplex Inc. (TSX:CGX) says it saw increases from all its sources of revenue, which include sales of tickets, food and drink, amusement games, advertising and alternative programming.
Its top three box office draws were the latest instalments of the Avengers, Jurassic and Furious movies, accounting for 43.5 per cent of all ticket sales during the quarter.
It says “The Avengers: Age of Ultron,” “Jurassic World” and “Furious 7″ are ranked in the top 10 of all time in terms of sales.
Box office revenue per patron slipped by four cents to $9.19 but concession revenues increased by 5.7 per cent to a record high $5.35 per patron, from $5.06 in last year’s second quarter.
Cineplex says its net income grew 9.8 per cent to $25.5 million and its earnings per share rose to 40 cents from 37 cents…
Cineplex Inc. (TSX:CGX) says it saw increases from all its sources of revenue, which include sales of tickets, food and drink, amusement games, advertising and alternative programming.
Its top three box office draws were the latest instalments of the Avengers, Jurassic and Furious movies, accounting for 43.5 per cent of all ticket sales during the quarter.
It says “The Avengers: Age of Ultron,” “Jurassic World” and “Furious 7″ are ranked in the top 10 of all time in terms of sales.
Box office revenue per patron slipped by four cents to $9.19 but concession revenues increased by 5.7 per cent to a record high $5.35 per patron, from $5.06 in last year’s second quarter.
Cineplex says its net income grew 9.8 per cent to $25.5 million and its earnings per share rose to 40 cents from 37 cents…
Canadian Tire revenue, profit edge higher in second quarter
– theglobeandmail.com
Retail posts earnings per share of $2.15 in the latest quarter, up from $2.12 a year earlier
