1 week ago Bank of Canada hearing less ‘catastrophic’ tariff talk from businesses

OTTAWA — The Bank of Canada says trade-sensitive businesses are talking less these days about their “worst-case” scenarios from the trade dispute with the United States. The central bank held its benchmark interest rate steady at 2.75 per cent for a second consecutive decision yesterday as it gathers more data related to the tariff disruption. […]

Economics

2 w. ago WWE U.S. Champ Jacob Fatu talks first year in WWE, stealing Yokozuna’s belt, The Bloodline and more

WATCH BELOW: On the latest episode of No Holds Barred, Postmedia wrestling writer Jan Murphy and Postmedia’s Rob Wong speak with WWE United States Champion Jacob Fatu. They touch on his first year with WWE, his first wrestling memory, carrying the weight of his family’s name, the chance to qualify for Money In The Bank […]

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2 w. ago RBC Earnings Miss Estimates as Bank Prepares for Souring Loans

Royal Bank of Canada missed estimates after setting aside more money than expected to cover possible loan losses amid a faltering economy even as income rose across most business lines.

Economics

3 w. ago Scotiabank profit dips as it prepares for potential turbulence ahead

TORONTO — Cautious borrowers and a worsening economic outlook pushed Scotiabank earnings slightly down in the second quarter from last year as the bank put aside more money for potentially bad loans ahead. The bank reported a net income of $2.03 billion, compared with $2.09 billion a year earlier, as its provisions for credit losses […]

Other

3 w. ago Scotiabank reports Q2 profit down from year ago, provisions for credit losses up

TORONTO — Cautious borrowers and a worsening economic outlook pushed Scotiabank earnings slightly down in the second quarter from last year as the bank put aside more money for potentially bad loans. The bank reported a net income of $2.03 billion, compared with $2.09 billion a year earlier, as its provisions for credit losses rose […]

Economics

3 w. ago Scotiabank reports Q2 profit down from year ago, provision for credit losses up

TORONTO — The Bank of Nova Scotia reported second-quarter net income of $2.03 billion, down from $2.09 billion a year earlier as it put aside more money for bad loans. The bank also raised its quarterly dividend Tuesday to $1.10 per share, up from $1.06 per share. The increased payment to shareholders came as Scotiabank […]

Economics

3 w. ago Scotiabank Misses on Higher Credit Provisions as Tariffs Bite

Bank of Nova Scotia missed estimates after setting aside more money than expected for bad credit as tariffs hit its Canadian and Mexican operations.

Economics

3 w. ago Things to do in Calgary in May: Circus | Video game market | Calgary Stampeders

Calaway Park and Heritage Park Historical Village are both celebrating opening day this weekend

Other

3 w. ago Money in the bank: FP Video looks at what the markets may bring

Watch an economist and CFO on the Bank of Canada's next move, and what the Big Six can tell us about the economy

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