Earnings

CIBC raises dividend, Q4 profit rises by 20% CIBC raises dividend, Q4 profit rises by 20%

Industry

CIBC raises dividend, Q4 profit rises by 20%

CIBC reports $931-million of net income in its fourth quarter, up 20% from $778 million in the same time last year.

By Staff, with files from The Canadian Press |December 1, 2016

1 min read

Why more Canadians are making less than average wage Fallback Image Decorative pattern

Economic Indicators

Why more Canadians are making less than average wage

Canada has seen a steady decline in job quality over the last 20 years, says new report from CIBC.

By Staff |December 1, 2016

2 min read

TD grows fourth-quarter profit by 25% to $2.3 billion Fallback Image Decorative pattern

Industry

TD grows fourth-quarter profit by 25% to $2.3 billion

TD Bank Group's fourth-quarter earnings are $2.3 billion, up 25% on a reported basis and 8% on an adjusted basis compared with the same quarter last year.

By Staff, with files from The Canadian Press |December 1, 2016

2 min read

In the advisory world, size matters Fallback Image Decorative pattern

Industry

In the advisory world, size matters

On average, retail revenue rose about 6% annually from 2011 to 2015, outstripping annual operation cost increases, which are only about 2% per year, says new letter from the IIAC.

By Staff |November 17, 2016

2 min read