Banking

• A long-awaited change to Canadian banking is coming. What to know

  Change is in the works that will give Canadian consumers and businesses significantly more control over their financial data, in what’s known as open banking. 

  Money

  Mar 10
  
• Canada’s banking regulator lays out final guidelines on protecting against foreign interference

  The formalized expectations cover everything from ensuring the "good character" of board members to managing who has access to buildings, servers and other key infrastructure.

  Canada

  Jan 31
  
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• Desjardins to axe 30% of service centres, ATMs in next 3 years

  Desjardins says that by the end of last year its 669 service counters accounted for just one per cent of transaction volume, while its 1,559 ATMs accounted for three per cent.

  Money

  Jan 31
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• Federal probe angers one of Canada’s largest mortgage broker networks 

  The Competition Bureau is investigating Dominion Lending Centres Inc. , a company whose franchise network includes 7,981 brokers working in 10 provinces through 544 franchises.

  Investigations

  Sep 19, 2023
• Risk of ‘hard landing’ for global economy has ‘risen sharply,’ IMF warns

  The IMF has dimmed its outlook for the world economy this year amid high inflation, rising interest rates and uncertainties resulting from the collapse of two big American banks.

  Economy

  Apr 11, 2023
• Quebec lifts freeze on joint bank accounts between spouses in case of death

  The new Quebec law aims to make it easier for co-holders of a shared bank account to access their share of the balance if their spouse or ex-spouse dies.

  Economy

  Dec 7, 2022
• Making rising interest rates work in your favour, according to experts

  While there are concerns about the impact on people's bottom lines, one financial advisor says the hikes can present an opportunity for some.

  Consumer

  Sep 16, 2022
• Only bank in Grand Manan, N.B. closes up despite efforts of residents

  Travelling to the next nearest branch is no simple task, and will force residents into a 90-minute ferry ride, a $50 ticket and a drive to St. George, N.B. 

  Canada

  Aug 24, 2022
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• How can tech companies grow amid sector downturn? Experts weigh in

  One of the best-performing sectors during the pandemic, the technology sector is now facing a challenging time as a reversal in fortunes has companies tightening their belts.

  Tech

  Aug 14, 2022
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• Laurentian Bank reports first quarter profit up from year ago

  Revenue totalled $247.4 million, up from $238.7 million in the year earlier quarter.

  Canada

  Mar 3, 2021