CIBC
Many Canadians see tax refund as ‘windfall’ but money was theirs all along: CIBC poll
The poll found that 63 per cent of respondents view the money as a bonus, rather than their own money being paid back to them. Continue reading
Man, youth charged in connection with string of Ontario bank robberies: police
A man and a youth have been charged in connection with a bank robbery in Barrie’s south end, police say. Continue reading
Winnipeg man rolls up the rim to win $5K prepaid gift card
By Marek Tkach Reporter
The lucky Winnipegger plans to buy a new bedroom set with his winnings. Continue reading
U.S. judge dismisses antitrust lawsuit against 9 big banks, including 6 in Canada
U.S. District Judge Analisa Torres rejected racketeering and antitrust claims by the lead plaintiff, the Fire & Police Pension Association of Colorado. Continue reading
Police seek 2 suspects after bank in Barrie reportedly robbed
Officers say the CIBC located on Yonge Street in Barrie’s south end is closed while officers investigate. Continue reading
‘Insanity.’ How one crypto expert calls Quadriga’s search for missing millions
The Vancouver-based exchange owes $70 million in currency and an additional amount of cryptocurrency valued at approximately $180 million to roughly 115,000 users. Continue reading
Midday police shooting shocks witnesses in Kelowna
A witness says she heard a “bang and a lot of commotion” outside the CIBC branch. Continue reading
Big banks poised to follow suit as RBC trims 5-year fixed mortgage rate
Canada’s main financial institutions were expected to lower their five-year fixed rates because of a decline in the government bond market. Continue reading
76% of Canada’s national wealth is wrapped up in real estate, and the market is slowing: data
By Jesse Ferreras Online Journalist
Analysis of data from the U.S. Federal Reserve indicates that this is a higher share of national wealth than real estate takes up in the United States. Continue reading
Husky Energy’s hostile takeover bid for MEG Energy now expected to succeed as proposed
A CIBC oil and gas analyst says the recent deterioration in crude oil prices makes it unlikely that a better offer will emerge to force Husky Energy Inc. to sweeten its hostile takeover bid for an oilsands rival. Continue reading