The Canadian bank will pay a total of about US$2.8 billion for a 14.9% stake in the company
RBC announced on April 5 it had fired Nadine Ahn, Ken Mason after an internal review
Rents for residential properties in July averaged $2,201 per month, up 5.9% from last year
Canada's largest condo market facing most significant test since 1991 recession: report authors
Divergence with Federal Reserve could put pressure on Canadian dollar
Federal government passed new rules and incentives for EOTs in June
Insurer has been working to shed assets with a low return on equity
Canada's biggest banks face criticism for not moving fast enough on climate targets
The move continues consolidation in the Canadian banking industry
Most banks lowered their prime rates to 6.95% following the announcement