The hold reflects OSFI's view that risks facing the financial system remain generally stable
The Canadian bank announced in August a plan to acquire a 14.9% stake in KeyCorp
The bank says it will put out its year-end results in mid-December
The banks reported mixed results this week
The company bought back the 20% stake in the business that was owned by Scotiabank in 2023
The bank's profit level is up about $10M from the same period last year
The bank has also raised its quarterly dividend
The bank's quarterly dividend per share has also gone up
The S&P TSX bank index is up about 12% since last quarter’s results
Net-zero pledges are contingent on factors banks can’t control, research found