Royal Bank is backing away from a plan to charge customers transaction fees for loans, mortgage payments and debit transactions on some kinds of accounts.
U.S. stocks fluctuated near records after data showed inflation firming, and Federal Reserve Chair Janet Yellen said she expects to raise interest rates this year, though the pace of further increases will be gradual.
TORONTO (Reuters) - Canada's main stock index retreated on Friday, weighed down by cooling energy and financial stocks, with investors taking some profits after making gains in four of the previous five sessions.
TORONTO - The Toronto stock market was moderately lower near midday as crude oil prices and the financial sector pulled back. The S&P/TSX composite dropped 15.16 points to 15,203.61.
BlackBerry chief executive John Chen took a major pay cut last year after receiving millions in company shares. The head of the Waterloo, Ont.