Canada needs more efficient financial system: Bank of Canada ...
29927
TORONTO (CP) - There is a perception in international financial circles that Canadian markets are the &quot;Wild West&quot; and it hurts Canadian companies when they try to raise money abroad, Bank of Canada governor David Dodge said Thursday.
551080
The Bank of Montreal said second-quarter profit rose 3 percent as higher fees from mutual funds and stock sales offset a big loss in commodities trading. Net income climbed to 671 million Canadian dollars ($618 million) from 651 million Canadian dollars a year earlier, the bank said. Record mutual fund sales and rising demand for loans contributed to a 24 percent increase in consumer banking profit, countering the commodities losses, which were related to natural gas trading. The bank said on May 17 that it would report a pretax trading loss of 680 million Canadian dollars. Bank of Montreal said profit was 1.31 Canadian dollars a share excluding the trading loss and other one-time items, an increase of 3.1 percent from a year ago. Revenue in the quarter, which ended April 30, rose 2.7 percent, to 2.57 billion Canadian dollars from 2.5 billion Canadian dollars.
553724
We need to do a better job of managing our retirement accounts.
633887
The finance office of the C.D.C is plagued with inefficiency, consultants have concluded.
672878
Federal Reserve Chairman Alan  Greenspan said on Tuesday that better management of banking  risk and new rules on capital hold the promise of a stronger  banking system contributing more to economic growth.
451821
OTTAWA (CP) - It may be a bit early to take this promise to the bank, but Finance Minister Ralph Goodale says he wants to bring in more personal and business tax cuts.
665604
Toronto-Dominion Bank said that its profit rose 19 percent in the second quarter, helped by a strong performance in all business lines except its retail banking unit in the United States. Toronto-Dominion reported profit of 879 million Canadian dollars ($814 million), up from 738 million Canadian dollars a year ago. Revenue in the period, which ended April 30, rose to 3.5 billion Canadian dollars, from 3.1 billion Canadian dollars. In the United States, TD Banknorth, its New England retail bank, reported lower profit as job cuts and branch closings raised costs. Banknorth earned 23 million Canadian dollars in the quarter, down 61 percent.
709331
TORONTO (CP) - Canada&#39;s big banks, reporting year-end results over the next two weeks, will show a definite deceleration in growth, but analysts say they are still poised to ring up double-digit profit increases.
154196
Toronto-Dominion Bank , Canada's second-largest lender, plans to make ''major acquisitions&quot; in the United States over the next few years after completing its proposed $3.1 billion purchase of a majority stake in Banknorth Group Inc. , chief executive Edmund Clark said.
195035
&quot;The cycleâs peaking. Weâre not going to have growth like we had the rest of the year.&quot; - APJIT WALIA, ANALYST, RBC CAPITAL MARKETS.
705379
CALGARY (CP) - Loaded with new holographic stripes, ghostly portraits and see-through numbers, the country's new security-enhanced bills should slow down the blossoming counterfeit trade but Canadians must also be vigilant, the governor of the Bank of Canada said Wednesday.
554907
(CP) - It's time for Canadians to stop paying lip service to climate change and start paying cash in the form of higher bills to tank up their cars and heat their homes, says a Senate report released Thursday.
150669
Hobbled by rising expenses and lower US earnings, the Royal Bank of Canada reported that third-quarter profit fell 5 per cent. For the quarter ended July 31, net income for the biggest bank in Canada dropped
341515
By Tim Catts, Daily News, New York  Mar. 5--A cruel Internet scam is promising help with debts, but then  steering victims into a costly con run out of Canada, the Better Business  Bureau has warned.
222822
Central bank joins with counterparts in other countries to get funds into the financial system.
326719
Canada needs to invest $1 billion over the next five years to reverse its serious shortage of doctors and ensure there will be enough health-care providers in future to reduce long waiting lists plaguing hospitals, the Canadian Medical Association says.
78161
Tougher funding standards are needed to prevent a repeat of money market turmoil, the FSA says.