Banking industry

Revised bank recovery dividend to net $1B less Fallback Image Decorative pattern

Tax News

Revised bank recovery dividend to net $1B less

The Parliamentary Budget Officer updated its revenue projections for the Canada Recovery Dividend and the surtax on banks and insurers

By Melissa Shin |September 22, 2022

2 min read

Canadian banks look to newcomers as key source of client growth Canadian banks look to newcomers as key source of client growth

Industry

Canadian banks look to newcomers as key source of client growth

Banks are building trust by becoming general resources for clients

By Ian Bickis, The Canadian Press |September 19, 2022

4 min read

BMO Capital Markets cutting jobs amid challenging market conditions BMO Capital Markets cutting jobs amid challenging market conditions

Industry

BMO Capital Markets cutting jobs amid challenging market conditions

The cuts come a few weeks after BMO reported a drop in earnings

By The Canadian Press |September 15, 2022

1 min read

Global banking’s resilience could be tested by downturn, high inflation Fallback Image Decorative pattern

Industry

Global banking’s resilience could be tested by downturn, high inflation

Evolving financial conditions require vigilance

By James Langton |September 15, 2022

1 min read