CIBC has cut more than 500 jobs in the last two weeks, according to a report by the Wall Street Journal. next play/pause pre 1/1. Hamilton Spectator.
The fall in oil prices was supposed to boost manufacturing, but manufacturing output has fallen even further than the energy sector, according to Statistics Canada.
SURREY - Many customers who took a risk on a variable interest rate on their mortgage or have line of credit which are based on the Bank of Canada (BOC) prime rate are angry that the major banks have decided not to pass on the full rate cut by the BOC.
TORONTO - A published report says the Canadian Imperial Bank of Commerce (TSX:CM) has cut more than 500 jobs over the past two weeks.
B.C.'s new liquor laws are supposed to kick in on April Fool's Day. Big grocery stores can start selling liquor, a new one-size-fits-all wholesale pricing model takes effect, and government liquor stores can open on Sundays and sell cold beer and wine.