Canadian Imperial Bank of Commerce reported a healthy third-quarter profit stemming from solid results across its core divisions. Profit at Canada's fifth-largest largest lender rose to $921-million, or $2.26 per share, up 5 per cent from the year prior.
Tim Hortons Inc.'s stock on Wednesday had its biggest one-day fall in more than a year as a number of analysts downgraded their ratings following the announcement of Burger King Worldwide Inc.'s takeover.
TORONTO, Aug. 28, 2014 /CNW/ - Ontario's housing affordability improved slightly in the second quarter of 2014, but not enough to reverse mild and ongoing deteriorating affordability trends, according to the latest Housing Trends and Affordability Report ...
Toronto council approved nearly 7,000 condo units to be built in the downtown core this week, adding to the already 70,000 that are waiting to be built.
(Adds details of release, background). OTTAWA Aug 28 (Reuters) - Canada's current account deficit in the second quarter narrowed slightly to C$11.87 billion ($10.89 billion) on stronger investment income, Statistics Canada said on Thursday.