Higher revenues offset by rising program expenses and debt charges
Dave McKay said commercial clients are deferring investments
Preliminary figures for February point to a 0.4% decline
Private equity, real estate investments weighed on returns despite strong overall performance
Small firms brace for uncertainty as hiring plans weaken
Actual home sales in February were down 10.4% year over year
Annual pace of housing starts dropped 4% compared to the previous month
Net assets totalled $123 billion at year-end, up from $112.6 billion in 2023
A spokesman said the changes are not related to the bank's $13.5-billion acquisition of HSBC's Canadian operations
CRA continues to 'assess its financial position,' committed to 'high-quality service': spokesperson