Industry News

CIBC reports $1.73 billion Q1 profit as mortgage concerns ease

Industry News

CIBC reports $1.73 billion Q1 profit as mortgage concerns ease

Company says fears of impaired loans in its U.S. office portfolio have also been sorted out

By Ian Bickis, Canadian Press |February 29, 2024

3 min read

Investors wary of AI for investment decisions: survey

Industry News

Investors wary of AI for investment decisions: survey

They want investment firms to be transparent about the use of AI and smart about mitigating risks

By Jonathan Got |February 29, 2024

3 min read

FSRA pegs ‘stranded’ pension plans at more than $3 billion

Regulation

FSRA pegs ‘stranded’ pension plans at more than $3 billion

Regulator says there are almost 200,000 pension plan members in the province who have lost track of their plans

By Sammy Hudes, The Canadian Press |February 29, 2024

3 min read

Closet indexing class action rejected — again

Regulation

Closet indexing class action rejected — again

B.C. court dismisses case for a third time, citing confusing claim

By James Langton |February 28, 2024

2 min read