Five Canadian business stories to watch this week
More bank earnings BMO Financial Group releases its fourth-quarter and year-end results on Tuesday and National Bank of Canada reports its results on Wednesday to
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Bank of Montreal
Canadian banks look to in-house hackers to improve and test cybersecurity
Hackers are targeting Toronto-Dominion Bank’s internal systems at all hours using cutting-edge techniques, but the bank’s head of cybersecurity isn’t losing sleep over them –
Scotiabank, BMO Q1 earnings beat expectations on international lift
International growth continues to be a boon for Canadian lenders as Bank of Nova Scotia and Bank of Montreal’s first-quarter earnings beat expectations, helped by
Ottawa researchers look into what’s holding back Canada’s female innovators
The traditional definitions of innovation – the ones that revolve around new technology and disruptive models – are holding back Canada’s female innovators, according to
Six Canadian banks manipulated an interest rate benchmark, U.S. lawsuit alleges
A class-action lawsuit filed in a U.S. court alleges six Canadian banks and three others conspired to increase the profitability of their derivatives trading business
Five things to watch for in the Canadian business world this week
Trans Mountain melee continues: Oral submissions continue next week as the National Energy Board considers a motion from Trans Mountain Pipeline ULC, which argues that
Canadian tax evasion fight zeros in on transactions involving Israeli bank
The Canada Revenue Agency is seeking information from three Canadian banks about customer transactions linked to a major Israeli financial institution as part of a
Canada’s GDP shrinks 0.1% in August
The Canadian economy hit reverse in August, its first monthly pullback since October last year. “The amazing run of amazing Canadian economic data is officially
Scotiabank, BMO hopeful about economic growth following strong Q3 results
Two of Canada’s major banks are mighty optimistic about the prospects for North America’s economic climate after talking to the companies they lend money to.
Bank earnings begin with BMO Q2 net income up 28%
The Bank of Montreal saw second-quarter profits from its U.S. personal and commercial banking business dip from a year ago, but it still increased its
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