Consumer spending rose 0.4% in February, though the gain was just 0.1% after adjusting for inflation
“I don't envy Governor Macklem’s situation,” says Carleton University professor
Canada made the top 10 with $8.1 million in total fines
Invesco’s Rene Reyna is (kind of) all in on AI, Chinese tech, U.S. defence and big American banks
Alex Besharat to retire, prompting shuffle at Scotiabank’s Canadian wealth management division
The bank's profit amounted to 76 cents per diluted share for the quarter ended Jan. 31
The bank's wealth management and capital markets businesses helped push the profit up from $1.29B a year ago
The bank's Q1 profit was down from a year ago
The U of T economics professor will work with the bank in a part-time role
The bank is looking for ways to simplify its holdings and chart a path forward: CEO