Iconic Canadian brand Canada Goose, known for its popular luxury outerwear, said Thursday it plans to open its first retail stores this autumn.
TORONTO (Reuters) - Canada's main stock index rose to a fresh nine-month high on Thursday as mining stocks rallied, while stronger-than-expected earnings from the country's biggest bank by market value helped financials edge higher.
The impact of low oil and gas prices hit Canada's banks in the second quarter, notably Canadian Imperial Bank of Commerce, which reported a spike in provisions for credit losses tied to the oil and gas sector, as well as increased write-offs tied to ...
CIBC saw its second-quarter profit grow to $941 million, up 3.3 per cent from the same period last year despite an increase in provisions for soured loans to the oil and gas sector and writeoffs in its personal lending portfolios.
It is difficult trying to discern what Bank of Canada Governor Stephen Poloz really thinks about the exchange rate. Officially, he is agnostic.