TORONTO - A published report says the Canadian Imperial Bank of Commerce (TSX:CM) has cut more than 500 jobs over the past two weeks.
The Canadian economy's disappointing step backward in November has strengthened the case for the Bank of Canada to cut interest rates further to stanch the bleeding.
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TORONTO, Jan 30 (Reuters) - Canada's main stock index edged higher on Friday as a jump in oil and bullion prices pushed up gold-mining and energy shares, overcoming a decline in financial stocks following sluggish U.S.
Tim Hortons was back in the news this week, first denying, and then admitting that it was laying off hundreds of head office workers.