TORONTO - Canadian Imperial Bank of Commerce (TSX:CM) has become the latest Canadian bank to trim its head count as it looks for ways to improve efficiency at a time when all of the country's top lenders face a slowdown in consumer borrowing.
Canada's housing market is already seeing the impact of falling interest rates, with nearly half of Canadians telling a new survey that they are planning to buy a home in the next five years and more than 15 per cent saying cheaper mortgage rates will allow ...
The federal government ran a small surplus in November and is on track to post a significantly smaller deficit for the current year than the year before.
TORONTO - The Toronto stock market was lower Friday amid an unexpected decline in Canada's economy in November and a rating downgrade covering many of Canada's big banks.
The International Monetary Fund has cautioned Ottawa to go easy on its deficit-fighting zeal, in light of the growing risks to Canada's economic health.