Savings rate drops as consumption growth outpaces income gains
This week's earnings are the first since Canada's banking regulator lifted pandemic restrictions
Leo Salom becomes CEO of TD Bank in U.S. as part of broader executive shakeup at TD
Announcements follow commitments made in 2020 to support the Black community
The bank was fined $400,000 after it overcharged seniors $31 million
Virus variants and supply shortages weigh on short-term outlook
The advocacy group calls for action to preserve competition and protect investors
Mortgage borrowing jumps amid low rates, tougher rules
Net income in the Canadian retail business was up 68% year over year
The mandates at the banks follow announcements by Sun Life Financial Inc. and others