TORONTO - Canadian Imperial Bank of Commerce (TSX:CM) has become the latest Canadian bank to trim its head count as it looks for ways to improve efficiency at a time when all of the country's top lenders face a slowdown in consumer borrowing.
The Canadian government says it posted a budgetary deficit of $3.3 billion over the first eight months of the 2014-15 fiscal year - a considerable change from the $13.4 billion shortfall over the same period in 2013-14.
Canadian bank stocks are on track for their worst start to the year in a quarter century as a plunge in crude oil and overstretched consumers dim their profit outlook.
(Bloomberg) -- Eldorado Gold Corp. said it's continuing to develop a mine in Greece after a minister in the country's new government expressed opposition to the project, sending the company's shares tumbling the most in six years.
A panel of geotechnical experts appointed by the B.C. government to investigate the catastrophic collapse of a tailings dam at the Mount Polley copper/gold mine has concluded the accident occurred because of a design failure, and it happened so suddenly ...