Ottawa is launching consultations with the financial industry that could see lenders shouldering as much as 15 per cent of the costs of losses on defaulted mortgages that have government-backed insurance.
Getty ImagesA year after commodities producers dragged the S&P/TSX Composite Index to its worst result since the financial crisis, companies that mine metals and produce oil and gas have fueled a 14 per cent surge in the benchmark for Canadian equity ...
Canadian stocks opened flat on Friday after a drop in Canadian retail sales in August and cooler-than-anticipated annual inflation in September reinforced speculation the Bank of Canada may lower interest rates again.
Within Royal Bank of Canada's upper echelons, there is an unwritten, but widely-respected rule: Never be late for chief financial officer Janice Fukakusa's meetings.
THUNDER BAY, ON, Oct. 21, 2016 /CNW/ - Today, a Memorandum of Understanding (MOU) between Thunder Bay Hydro Electricity Distribution Inc. (Thunder Bay Hydro) and Kenora Hydro Electric Corporation Ltd.