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Rogers doubles financial award for Writers’ Trust Fiction prize + MORE Sep 26th
(iStock)
This morning the Writers’ Trust of Canada and Rogers Communications announced that the telecommunications and media giant was doubling its annual financial commitment to the Rogers Writers’ Trust Fiction Prize, one of the country’s three major national literary awards. This year’s w.... More »
How to calculate capital gains and losses on rental property Apr 16th
Q. I am selling my rental property, which I lived in for six years before renting it out the last five years. I do not own another home and I am selling this one for less than market value because some horrible renters caused the property to become run down. My mortgage principal is $263,000 and I.... More »
How to Choose the Broker for Forex Trading + MORE Dec 5th
When you decide to start trading within the forex market, naturally, there are many important factors to consider. These are likely to include setting your trade budget, and figuring out exactly what markets you wish to trade in when you are getting started. The very first port of call however, shou.... More »
Market jitters lead to more declines as investors face growing risks Oct 23rd
North American benchmark stock indexes saw more big declines on Tuesday — an occurrence that's becoming all too familiar — and analysts say the list of risks facing investors is growing..... More »
Morneau leaning toward 'targeted measure' to boost corporate investment - not tax cut + MORE Sep 13th
The federal government's fall economic update is likely to include targeted tax measures to boost the country's competitiveness instead of a cut to the country's corporate tax rate, according to a senior government official familiar with the Department of Finance's work on the issue..... 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
