Industry News

Decorative pattern

Industry

Canadian banks to focus on growth, spending and buybacks after strong second quarter

Government relief diminished the need for banks’ massive loan loss reserves

By Tara Deschamps, The Canadian Press |June 1, 2021

3 min read

Decorative pattern

Industry

Scotiabank reports $2.5B second quarter profit, beats expectations

The bank’s loan loss provisions fell to $496 million compared with $1.85 billion a year ago

By Tara Deschamps, The Canadian Press |June 1, 2021

2 min read

CSA warns of fraudsters posing as well-known financial firms

Industry

CSA warns of fraudsters posing as well-known financial firms

Scammers set up fake websites that look nearly identical to the real company’s

By Staff |May 31, 2021

1 min read

Decorative pattern

Industry

Desjardins buys Montreal boutique firm Hexavest

Terms of the deal, which is expected to close on Sept. 1, were not disclosed

By Staff |May 31, 2021

1 min read