Skip to content

National Business

CIBC reports Q4 profit down from year ago as expenses, provisions and margins weigh

CIBC reports Q4 profit down from year ago as expenses, provisions and margins weigh

TORONTO — Higher expenses, lower interest margins and more money set aside for potentially bad loans all weighed on CIBC's earnings which declined in the fourth quarter from a year ago.
TD Bank Group reports earnings up as it sees growth in margins and loans

TD Bank Group reports earnings up as it sees growth in margins and loans

TORONTO — TD Bank Group saw earnings climb in the fourth quarter, despite setting aside more money for potentially bad loans, as it benefitted in part from higher interest margins on its loans.

German parliament votes to approve EU-Canada trade pact

BERLIN (AP) — German lawmakers on Thursday approved a free-trade deal between the European Union and Canada, moving the accord a step closer to taking full effect.
Tips to deal with shrinkflation at the mall as some shoppers question discounts

Tips to deal with shrinkflation at the mall as some shoppers question discounts

At first glance, it might seem like the deals have never been better as posters in store windows and online ads trumpet a steady stream of holiday sales.
An inflation gauge tracked by the Fed slows to still-high 6%

An inflation gauge tracked by the Fed slows to still-high 6%

WASHINGTON (AP) — A measure of inflation that is closely monitored by the Federal Reserve eased but remained at an elevated level in October, likely reinforcing the Fed's intent to keep raising interest rates to cool the economy and slow the accelera
Applications for jobless benefits decline last week

Applications for jobless benefits decline last week

WASHINGTON (AP) — The number of Americans applying for unemployment benefits came back down last week, hovering near levels suggesting the U.S. labor market has been largely unaffected by the Federal Reserve's aggressive interest rate hikes.
Jacynthe Côté to become chair at Royal Bank of Canada next year

Jacynthe Côté to become chair at Royal Bank of Canada next year

TORONTO — Royal Bank of Canada says Jacynthe Côté will be appointed as chair of the bank's board of directors next year.

Cruzilles brand fruit jellies recalled over undeclared milk

The Canadian Food Inspection Agency has issued a recall for Cruzilles brand Acid Mini Pastille – Fruit Jellies because the candy contains milk which is not listed on the label.
Ontario Securities Commission appoints new chair in Kevan Cowan

Ontario Securities Commission appoints new chair in Kevan Cowan

TORONTO — Ontario says it has appointed former board member Kevan Cowan as the new chair of the Ontario Securities Commission.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,453.26, up 175.85 points): BlackBerry Ltd. (TSX:BB). Technology. Down three cents, or 0.46 per cent, to $6.52 on 33.