Stories

December 2022

Bank Bonuses Rise 1.9% in Canada as Firms Look Past Slowdown
Mortgage Machine Slows in Canada as Rate Hikes Hit Banks’ Growth
Canada Banks’ Lending Margins in Spotlight as Economy Slows
Mortgage-Qualifying Rate in Canada May Top 8% After Latest Hike

November 2022

How Bad Will Housing Get? The Chill Gripping a Once-Hot Market Offers a Test
Bank Bonuses Rise 1.9% in Canada as Firms Look Past Slowdown
RBC Boosts Canada Lead With ‘Once-in-a-Generation’ HSBC Deal
Finance Billionaire Smith Bets Canada’s Housing Slump Won’t Last

October 2022

Manulife Redoubles Asia Ambitions in a World of Uncertainty
Scotiabank Cuts Asia Capital-Markets Jobs in Shift to Americas
RBC Counts on Technology for UK Wealth Growth After Brewin Deal

September 2022

Royal Bank of Canada Cuts 1% of US Investment-Banking Team
Scotiabank’s CEO Pick Spurs Debate Over Whether Changes Loom
BMO Capital Markets Said to Cut Jobs Amid Downturn in Business
Sun Life’s $255 Billion Alternatives Arm Takes Aim at US Wealthy

August 2022

Economic Gloom, Market Woes Cast Pall on Canadian Bank Earnings
Loan Caution May Give Canadian Banks First Profit Drop Since 2020
Banks’ Crypto Exposure Capped by Canadian Regulator in New Rules
Royal Bank of Canada Asks Workers to Come to the Office More
Canaccord CEO Sees Central Banks Starting to Ease Late This Year
TD to Buy Cowen for $1.3 Billion to Bulk Up Capital Markets

July 2022

Power’s Portage Closes $655 Million VC Fund as Tech Values Fall
BMO Raises Minimum Pay for US Workers to $20 in Fight for Labor

June 2022

CIBC’s Dodig Pushes His Strategy as Recession Fear Hits Bank Sector
Brookfield Props Up a Canadian M&A Market That Is Beating the US
Bankers See Tumult Paving Rocky Road for Canada Equity Deals
Banks in Canada Hire at Rapid Clip, Defying Tight Labor Market

May 2022

RBC Joins TD in Betting a Softer Economy Won’t Spur Defaults
Banks in Canada Face Weak Profit Gains Before Rate Hikes Kick In
RBC Spends $155 Million to Keep Staff in Tight Labor Market

April 2022

Canada’s First Female Bank CEO Leads With Young Self in Mind
Banks’ Net-Zero Lending Ambitions Hit Snags in Oil-Rich Canada
RBC Hires Three Citi Retail Investment Bankers in Expansion
Inflation Is Draining Consumers’ Savings, National Bank CEO Says
Scotia CEO Planned to Blast Tax, But Missed Meeting With Covid
BMO CEO White Sees Savings, Job Gains Buffering Emerging Risks

March 2022

CIBC Tackles Developer Shortage With Hackathons, Skill Training
RBC Capital Plans Aggressive Hiring Amid Fierce Competition
Bank CEOs’ Pay Climbs 28% in Canada as Profit, Shares Rise
BMO Aims to Cut Emissions From Energy Loans in Net-Zero Push

February 2022

TD’s $13.4 Billion Deal Revs Up Canadian Banks’ Growth Abroad
Scotiabank to Open Its Offices March 14 and Start a Full Return in April
CIBC to Start Bringing Workers Back to Office on March 21
M&A Boom to Thrive on Supply Constraints, Canaccord CEO Says
Trudeau Trucker Crackdown Has Banks Guessing on Enforcement

January 2022

RBC’s McKay Calls for ‘Rapid Action’ on Rates to Tame Inflation
RBC CEO McKay Sees War for Talent Topping List of 2022 Concerns
U.S. Is Open as Canada Shuts Down. The Difference? Their Health Care Systems
Canada’s Bruised Energy Patch Eyes Dealmaking Revival With Crude’s Rebound
War for Canadian Bank Talent Spurs Accelerating Pay Gains

December 2021

BMO’s White Unloads War Chest in Record Deal by Canada Bank
BMO Is Said to Express Interest in BNP Paribas’s U.S. Banking Unit
Scotiabank CEO Porter Sees Years of Upheaval Finally Paying Off
Bank Bonuses Rise 18% in Canada on Boom-Time Talent Battle

November 2021

Canadian Banks Buoyed by Mortgage Boom Look to Spur Other Loans
Sun Life Targets Asia for M&A After Deal Spree in U.S., Europe
Toronto Bankers Trickle Back Downtown, Echoing Wall Street Peers

October 2021

Wealthsimple Adds Crypto Portfolios to Group-Retirement Plans
Bank Dividends in Canada Could Rise 25% When Restrictions Lifted
Education Firm D2L Aims for Canada Unicorn Status in IPO

Bloomberg Businessweek Features
Can Oil Sands Pay Off at Just $50 a Barrel?
Canada’s Oil Capital Turns to Amazon and Airlines to Make Up for Price Plunge
Canada Is Missing Out on the Global Oil Recovery