Canadian Banks Target US as Springboard to Success
544507
Frustrated in a domestic market that offers them little chance to grow, many a Canadian bank has ventured south to the US market in a hunt for the prize asset that will vault them into the Big Time.
30471
Canadian control of Banknorth Group Inc. is likely to be good for consumers on this side of the border, an analyst said yesterday after confirmation that TD Bank Financial Group is to become majority shareholder in Banknorth Group Inc.
454588
Canadians are expressing pride in their economy but might be more inclined to go on shopping sprees in the U.S. after the Canadian dollar reached parity with the U.S. dollar for the first time since 1976
261799
Canada&#39;s bonds rose after Bank of Canada Governor David Dodge said the Canadian dollar&#39;s rise to a 12-year high may curb economic growth, indicating the bank may not raise interest rates next month.
543101
The Bank of Canada left interest rates unchanged, saying the economy remained on track despite slower growth and the increased risk posed by a downturn in the United States housing market. The central bank left its key overnight rate at 4.25 percent for the second consecutive time after raising rates seven times between September 2005 and May of this year. Markets had widely expected the bank to hold rates steady. In a statement, the bank was not as dovish as had been expected, leaving analysts less sure about its next moves.
267873
The Bank of Canada rate will hit four per cent by late next year, an economist predicts. OTTAWA -- The Bank of Canada raised its key policy interest rate yesterday while hinting that this could be the start of a new upward trend in borrowing costs.
431207
With Canada saturated, the doughnut chain Tim Hortons is looking to the U.S. for growth, despite past difficulties faced by other Canadian retailers.
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.
699535
OTTAWA (CP) - If the US dollar continues to fall amid lingering global weakness, Canada&#39;s economic growth could eventually be hurt, the central bank warned Tuesday as it kept its key policy interest rate stable.
615619
The record surge in the value of the Canadian dollar is going to test the Canadian economy, financial analysts here warned. The Canadian dollar, after briefly rose above 85 US
591503
Business & money: US pension fund backs demands for changes Bank insists share price shows strategy is right
238939
NEW YORK : Toronto-Dominion Bank said it would pay 3.8 billion dollars for a controlling stake in Maine-based Banknorth Group as the Canadian lender moved to take its first foothold in US branch banking.
441633
TORONTO - Canada&#39;s economy will expand at average annual rate of 3.5 per cent over the rest of this year and next, before cooling to slightly more than 3 per cent in 2006 - growth that will put pressure on inflation and interest rates, a TD Bank
735855
OTTAWA (CP) - Although oil prices, the loonie and interest rates are all headed higher, Canadian consumers are keeping their chins up, says the Bank of Canada.
412323
Canada&#39;s dollar surged past 83 US cents to a new 12-year high as a higher-than-forecast jobs report added to speculation the central bank needs to keep lifting its target interest rate.
24419
Toronto Dominion Bank will acquire 51 percent of US-based Banknorth Group Inc. in a $3.8 billion cash and stock deal that will allow TD to expand its reach in the Northeastern United States, TD said Thursday.
173033
The banking company is holding up in a tough market.