Scotiabank buying U.S. commercial bank MapleMark
Scotiabank has signed a deal to buy the parent company of MapleMark Bank, a U.S. commercial bank.
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Tax on trailer fees adds insult to injury for mutual fund investors: Dale Jackson
The Canada Revenue Agency (CRA) ruled this week to force mutual fund dealers, advisors and fund managers to charge GST/HST on mutual fund trailing commissions starting January 1, 2028.
Laurentian reports loss as it works to complete deal with Fairstone and National Bank
Laurentian Bank of Canada reported a loss of $20.6 million in its latest quarter as it worked to complete its deal to be split in two and sold in a pivot to become a specialty commercial bank.
10 stocks that actually make money: Jon Erlichman
In the latest episode of Ticker Take on YouTube, I spoke with Driscoll, President of Liberty International Investment Management. He first started paying attention to ROIC in the 1990s at the credit rating agency DBRS, where he found that the companies with the highest returns on invested capital also tended to be the best long-term investments.
Big Six banks see reasons for optimism while navigating ‘period of volatility’
Canada’s major banks say they’re cautiously optimistic after earnings beat expectations, with executives confident to handle potential risks in the economy.
Investor Outlook: BRP cuts profit forecast as U.S. tariffs raise costs
BRP cut its profit outlook as U.S. tariffs raise costs, despite stronger sales and resilient demand for recreational vehicles.
Hot Picks: Biotech stocks gain momentum on M&A activity
Biotech stocks are attracting investors as M&A activity, valuations and upcoming catalysts help drive sector momentum.
Investor Outlook: Salesforce struggles to ease AI disruption fears
Salesforce shares faced pressure after weak guidance renewed concerns about AI disruption across the software industry.
TD Bank says anti-money laundering steps coming along as it reports $4.25B Q2 profit
TD Bank Group says it has made progress on implementing measures meant to combat money laundering risks as it expects to spend upwards of $500 million this year on those efforts.
Market Outlook: Fed hike bets ease after softer U.S. GDP data
U.S. GDP and consumer spending data are shaping expectations for Federal Reserve policy amid persistent inflation concerns.
Market Outlook: AI spending drives U.S. earnings despite slower GDP
AI investment continues to support U.S. earnings and equities despite softer GDP data and growing concerns about consumers and inflation.
CIBC signs deal to sell CIBC Caribbean for US$1.6B, reports Q2 profit up
CIBC announced a deal to sell its 91.67 per cent interest in CIBC Caribbean to the Bank of N.T. Butterfield & Son for a total of US$1.6 billion in cash and stock as it reported its second-quarter profit rose compared with a year ago.
RBC reports Q2 profit up 25 per cent from year ago, raises dividend
Royal Bank of Canada raised its quarterly dividend as it reported its second-quarter profit rose 25 per cent compared with a year earlier.
Hot Picks: Power and pipeline stocks positioned for long-term growth
Canadian energy infrastructure stocks are benefiting from LNG expansion, rising power demand and growing export opportunities.
Market Outlook: Canadian banks face questions after strong earnings
Canadian banks posted strong quarterly earnings as investors weighed economic risks, rates and long-term growth concerns.