Bank of Montreal Misses Forecast; Loan-Loss Set-Asides Grow
Bank of Montreal posted a surprise drop in fiscal second-quarter profit as it set aside a larger provision
2023-05-24 20:16
BMO, Scotiabank Earnings Miss as Loan-Loss Provisions Increase
Bank of Montreal and Bank of Nova Scotia missed earnings estimates after both Canadian banks reported higher loan-loss
2023-05-24 19:54
Sabia to Be Named Hydro-Quebec CEO, Leaving Finance Role
Quebec’s government has chosen former financial executive Michael Sabia as the next chief executive officer of Hydro-Quebec, according
2023-05-24 08:27
Asian Stocks to Fall as Debt Impasse Fuels Caution: Markets Wrap
Asian stocks were poised to decline Wednesday as negotiations over raising the US debt ceiling remained at an
2023-05-24 07:15
Wildfires in Western Canada Recede, Energy Output Resumes
The number of fires burning in Canada’s top energy-producing province of Alberta declined in recent days, allowing some
2023-05-24 06:55
Canada Watchdog Rejects Call for Inquiry on China Meddling
Canada should hold hearings on foreign meddling in elections, but shouldn’t start a formal public inquiry into allegations
2023-05-24 01:49
Oil Edges Higher as Traders Track Talks to Head Off US Default
Oil rose after US House Speaker Kevin McCarthy said he and President Joe Biden had a productive talk
2023-05-23 08:29
Asia Stock Futures Edge Up in Shadow of Debt Talks: Markets Wrap
Asian equity futures showed small gains while contracts for US benchmarks inched higher as investors awaited word from
2023-05-23 06:25
Oil Steadies After Loss as US Debt Talks Take Center Stage
Oil steadied after a two-day drop as investors tracked stop-start negotiations in the US to strike a deal
2023-05-22 06:57
Meloni and Trudeau Spar on LGBTQ Rights in Unusual G-7 Disunity
The prime ministers of Italy and Canada took potshots at each other over LGBTQ rights, an unusual display
2023-05-21 12:16
Alberta Wildfires Persist as Outages Weigh on Canadian Oil Stockpiles
The number of wildfires in Canada’s top energy-producing province of Alberta held mostly steady on Friday, while the
2023-05-20 06:46
Vale Moves Ahead With $2.7 Billion Amazon Mining Expansion in Clean-Steel Bet
Vale SA is plowing ahead with a $2.7 billion investment to expand iron output in Brazil’s Amazon, betting
2023-05-19 21:56