National Bank Of Canada

• National Bank clears big hurdle in bid to buy Canadian Western Bank

  National Bank's plan to takeover Canadian Western Bank still requires approval by the Office of the Superintendent of Financial Institutions and the minister of finance.

  Money

  Sep 26
  
• National Bank to buy Edmonton-based Canadian Western Bank in $5B deal

  The deal will see each Canadian Western Bank share, other than those already held by National, exchanged for 0.45 of a common share of National Bank.

  Consumer

  Jun 11
  
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• Canada needs immigration reform to escape ‘population trap,’ economists say

  Economists argue Canada does not have the infrastructure or "capital stock" to both bring in the amount of people currently planned, while also improving our standard of living.

  Canada

  Jan 16
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• Canada’s housing affordability sees significant ‘deterioration,’ report says

  The banking institution pointed to rising interest rates as part of the cause, and combined with a surge in home prices, the ability to afford a home is a difficult prospect.

  Economy

  Nov 1, 2023
• Mortgage stress looms over Canada’s big banks. What they — and consumers — can do

  Earnings season from Canada's biggest banks show stretched amortizations persist among lenders' mortgage books. Here's what to know if your mortgage is up for renewal.

  Money

  Aug 31, 2023
• National Bank buying SVB’s Canadian commercial loan portfolio

  National Bank of Canada says it will acquire the Canadian branch of Silicon Valley Bank's commercial loan portfolio. The deal is expected to close in the coming weeks.

  Money

  Aug 1, 2023
• Housing affordability in Canada just saw the biggest improvement in almost 4 years

  Canadian homeowners and prospective buyers saw a second consecutive quarter of improvement in housing affordability, but the market hasn't returned to pre-pandemic levels.

  Money

  Jun 2, 2023
• Canada’s banks brace for possible wave of loan defaults. Why that matters

  Canada's big six banks all reported this week that they're putting more money aside for possible loan defaults. Here's what to know about the outlook for Canadian credit.

  Money

  Mar 4, 2023
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• National Bank reports third quarter profit down from 1 year ago

  National Bank said its personal and commercial banking business earned $335 million, up from $303 million in the same quarter last year.

  Canada

  Aug 24, 2022
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• Some Canadians struggle to enter housing market as costs rise: ‘Nothing we can do’

  Prospective homebuyers being shut out of Canada's hot housing market are giving up, pausing or shifting their searches as affordability continues to erode.

  Money

  Mar 18, 2022