Industry News

Industry moves this week Industry moves this week

Industry News

Industry moves this week

Alex Besharat to retire, prompting shuffle at Scotiabank’s Canadian wealth management division

By Alisha Hiyate |February 28, 2025

2 min read

Ottawa posts $21.7B deficit for April-to-December period Ottawa posts $21.7B deficit for April-to-December period

Policy

Ottawa posts $21.7B deficit for April-to-December period

The result compared with a deficit of $23.6B for the same period a year earlier

By The Canadian Press |February 28, 2025

1 min read

Laurentian Bank reports $38.6M Q1 profit Laurentian Bank reports $38.6M Q1 profit

Industry News

Laurentian Bank reports $38.6M Q1 profit

The bank's profit amounted to 76 cents per diluted share for the quarter ended Jan. 31

By The Canadian Press, with files from Advisor.ca |February 28, 2025

2 min read

Big banks report earnings beats ahead of potential tariff tempest Big banks report earnings beats ahead of potential tariff tempest

Industry News

Big banks report earnings beats ahead of potential tariff tempest

Consumers and businesses hold off on big spending decisions ahead of expected U.S. tariffs

By Ian Bickis, The Canadian Press |February 27, 2025

3 min read