Sentences with phrase «canadian banks on»

The law firms of Roy O'Connor LLP («RO»), Sotos LLP («Sotos») and Goldblatt Partners LLP («GP» - formerly Sack Goldblatt Mitchell LLP), along with a national team of law firms, represent plaintiffs in two certified class actions against Canadian Banks on behalf of current and former non-management employees for compensation for alleged unpaid overtime.

I still have TD among other Canadian banks on my watch list for Feb..

RBC is the only Canadian bank on the U.S. dollar LIBOR panel.

Not exact matches

TORONTO, May 1 - The Canadian dollar fell to a four - week low against its U.S. counterpart on Tuesday before paring its decline, as Bank of Canada Governor Stephen Poloz said the outlook for the domestic economy is good despite the overhang of high household debt.

«I don't have a lot of confidence that the Canadian banks wouldn't impose some restrictions on my fund that I'm not interested in having,» he says.

Canadians also shouldn't bank on negotiations at the World Trade Organization to improve the situation.

«We do not see an imminent turning point in commodity prices and thus forecast further negative repercussions on the Canadian economy next year,» Sebastien Lavoie, assistant chief economist at Laurentian Bank Securities in Montreal, said in an analysis of the Bank of Canada's latest policy statement.

YELLOWKNIFE, Northwest Territories, May 1 - Bank of Canada Governor Stephen Poloz said on Tuesday that the view of the Canadian economy is quite good despite record levels of household debt, and he was confident the central bank can manage the risk of that debt even as interest rates rBank of Canada Governor Stephen Poloz said on Tuesday that the view of the Canadian economy is quite good despite record levels of household debt, and he was confident the central bank can manage the risk of that debt even as interest rates rbank can manage the risk of that debt even as interest rates rise.

Many on Bay Street and Wall Street actually prefer the Canadian central bank's commitment to talking with one voice, compared to the mixed messages sent by the Fed's freewheeling policy makers.

The Bank of Canada will likely stand pat during their next key interest rate decision on September 9th, so a further cut would suggest extreme weakness in the Canadian economy.

As a bonus, the GDP reports also contain data on personal consumption expenditure; the benchmark for Canadian exports of travel services, another segment the Bank of Canada expects to lead the export recovery.

(One recent report on compensation at Canadian banks calculated the CEO - to - employee ratio at roughly 135:1 in 2012.)

«A notable increase in global protectionism remains the most important source of uncertainty facing the Canadian economy,» the central bank said in its quarterly report on the economy.

Thousands of Canadians crossed a milestone off their bucket lists on May 6, the day of the Bank of Montreal Vancouver Marathon.

Last week, Benjamin Tal, an oft - cited economist at Canadian Imperial Bank of Commerce, kept things going with a note on what could be done to restrain international demand.

Over the summer, Gordon and Stanford separately devoted columns to the most under - reported Canadian business story of 2016: within a few months, Finance Minister Bill Morneau and Bank of Canada Governor Stephen Poloz will agree on the parameters the central bank will follow for the next five yeBank of Canada Governor Stephen Poloz will agree on the parameters the central bank will follow for the next five yebank will follow for the next five years.

It would be folly to look too far into the future of Canadian monetary policy, and the Bank of Canada offered no guidance on what it will do next.

Royal Bank economist Paul Ferley says now is the time for Canadian exporters to aggressively pursue opportunities to sell in the U.S. «[Where] they may have found they were getting outbid earlier on... they may find now that they're more competitive, given the weakening of the Canadian dollar,» he says.

The Bank blamed disappointing growth in the global economy for a reduction in Canadian exports, with knock - on effects for the rest of the economy.

The deployment of such technology is the latest move by a Canadian bank to beef up its digital capabilities as customers increasingly conduct their banking on mobile phones and computers, rather than over the phone or in a brick - and - mortar branch.

Of the 246 companies on the index, 12 are Canadian, including Royal Bank of Canada (TSX: RY), Canadian National Railway (TSX: CNR) and Telus Corp. (TSX: T).

David Dodge stepped down as governor of the Bank of Canada on January 31, and Canadian CEOs had more than a few kind words for him in a web poll conducted by COMPAS Inc..

Some in the Canadian banking establishment regarded its generous interest rates on deposits — they began at 4 %, at least double that offered by Canada's dominant Big Six banks — as risible folly.

Canadian house prices were up on a month - to - month basis in April (0.8 %) and March (0.5 %), according to the Teranet - National Bank National Composite House Price Index released today (May 30).

Other Canadian banks have either been testing or rolling out chatbots on Facebook and Twitter as well.

«Tangerine and the new visual identity exemplify everything ING Direct has represented since its start in Canada in 1997, specifically its continued focus on being an innovative and progressive alternative for Canadians who embrace forward banking and banking in a direct way,» president and CEO Peter Aceto said in a statement.

The central bank also released its latest quarterly report on the economy, which says, «export growth will be limited by the recent appreciation of the Canadian dollar, alongside that of the U.S. dollar, vis - à - vis most other currencies.»

«The Canadian banks are not on the cusp of another golden era, a period which has definitely ended,» he wrote.

Assuming you'll need a million bucks Many financial advisers will tell you it's impossible to retire without a million dollars in the bank, but the truth is that most Canadians retire on much less.

CNBC is reporting that RBC and auto lender Ally are on the verge of a deal to sell the latter's Canadian operations to the bank for about $ 4 billion.

A recent survey from the Canadian Bankers Association found that nearly 70 per cent of Canadians do most of their banking on their computer or mobile device — up almost 15 percentage points since 2015.

Needless to say, with no clear indication that interest rates will change any time soon, everyday Canadians are banking on the fact that they're right.

A survey done by TD Bank in February found that a full 20 % of Canadians are counting on a lottery win, an inheritance or government payments to provide a comfortable retirement — rather than money saved in an RRSP.

The Canadian Mining Association could form a similar partnership with Canadian banks, providing training on sustainable practices to Burmese natural resource firms while leveraging the trillions of dollars raised on the TSX for projects that give environmental groups and local residents a say.

The day before shareholders voted 99.8 % in favour of the merger, Canadian Business sat down for an exclusive interview with the power brokers behind Bay Street's most recent high - profile partnership to discuss the deal, investment banking, the economy and life on the Street.

With a new $ 92 - million glass tower on the U of T campus, a program that typically leads the Canadian pack in global MBA rankings and a dean whose C.V. includes a stint as senior deputy governor at the Bank of Canada, it's not surprising that Rotman has a great reputation.

As luck would have it, a similar study from BMO Bank of Montreal, also released on Monday, found that only 29 % Canadian businesses are successfully using social media.

If you're bearish on real estate — as we at Canadian Business have been for some time — the results of the latest Teranet - National Bank House Price Index, released today, may give you some grim satisfaction.

(PwC claims that based on the European experience, quarterly reports for Canadian banks might grow 40 % longer.)

«The value of the Canadian dollar went up too much, too fast over the last few weeks,» Luc Vallée, chief strategist at Laurentian Bank Securities, said on July 17, when the exchange rate was around 78 U.S. cents.

Much of the effectiveness of Canadian monetary policy depends on the Bank of Canada's credibility: managing expectations for the future is at least as important as setting short - term interest rates.

Two of the three banks also placed well on another recent list: Canadian Business «ranking of Canada's Best Brands.

The Canadian bank finished the quarter with $ 81 million in US equity capital markets revenue, according to data from Dealogic, jumping four spots to sixth on the league table.

However, the Bank of Canada was able to maintain this level of monetary growth post-2002 thanks to the deflationary pressures put on the Canadian economy as a result of the high dollar.

«How banks feel that they're going to achieve above - average growth levels by pursuing capital intensive strategies in a market that is as slow as the Canadian market is a mystery to us,» says Brad Smith, an analyst with Stonecap Securities in Toronto, who has an Underperform rating on the stock.

Bank of Nova Scotia, National Bank and the Canadian Imperial Bank of Commerce are also mixing things up, but so far eschewing the high - tech lip gloss, arguing its better to focus on becoming a better partner for consumers.

As John Manley, president of the Canadian Council of Chief Executives and former deputy prime minister, noted in a speech last fall on «Canada's Decade of Opportunity,» much of what the protesters fought for — from higher taxes on the rich to more jobs to reining in of banks — has already been achieved here.

The Bank of Canada said in October that uncertainty about who would replace Barack Obama in the White House causing Canadian companies to hold off on new investments.

He also said the chief technology officers at all the major Canadian banks are working in conjunction with the Bank of Canada and the federal banking regulator on cybersecurity.

Carney, a Canadian, will become the head of the Bank of England on July 1.