National PostBank of Nova Scotia, Canada's third-largest lender by assets, also said Friday it plans to buy back up to 24 million shares, or about 2 per cent of its stock, within the next year.
Canadians are showing a strong ability to manage their debts even as housing prices rise, with arrears on CMHC mortgages at a low 0.34 per cent for the first quarter of this year, according to new figures from the federal housing agency.
Someday, LaGuardia Airport will be quite a bit less awful. The Port Authority of New York and New Jersey yesterday took a small but critical step toward relieving travelers of the New York airport as they know it.
TORONTO May 29 Canada's main stock index ended lower on Friday, capping a 1.2 percent decline for the week, as investors shied away from heavyweight financial stocks amid evidence of a shrinking economy.
CALGARY -- The Alberta Securities Commission is warning investors to beware of unregistered companies offering online trading services.