The Royal Bank is backing off on its plan to charge customers a fee to make credit card, loan and mortgage payments under certain circumstances.
Federal Reserve Chair Janet Yellen said she still expects to raise interest rates this year if the economy meets her forecasts, with a gradual pace of tightening to follow.
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.
A second annual survey of Canada's two largest condominium markets found that the financial health of owners might be, on average, better than some bleak headlines have suggested.
Microsoft Corp (MSFT.O) and Salesforce.com Inc (CRM.N) held "significant talks" this spring but could not reach a deal over pricing, CNBC reported, citing people familiar with the matter.