Bank bosses strike cautious tone on earnings calls as trade uncertainty lingers
The tone was more cautious than doom-and-gloom this week as executives at Canada’s big six banks released third-quarter…
Young Canadians face ‘recessionary’ job market as key barriers pile up
A record 54,000 people signed up for a summer job fair held in Toronto this July. (Nick Lachance/Toronto…
Canada’s CIBC third-quarter profit rises on strength in capital markets unit
(Reuters) -Canadian Imperial Bank of Commerce reported a rise in third-quarter profit on Thursday, driven by robust performance…
CIBC bullish on Canada’s ‘wanna be’ oligopolies
CIBC Capital Markets analyst Ian de Verteuil and his colleagues revisit their “land of oligopolies” stock market thesis…
Housing market might need a mindset shift, not another Bank of Canada rate cut, say experts
Mortgage broker Ron Butler says that for middle-class families, the half-a-percent rise in fixed mortgage rates in recent…
Shopify’s AI strategy its “biggest potential driver of profitability”: Analyst
In April, Shopify CEO Tobi Lütke shared an internal memo on X, stating that “reflexive AI usage is…