Industry News

Scotiabank profits weighed down by bad loan provisions, layoff charges Fallback Image Decorative pattern

Industry

Scotiabank profits weighed down by bad loan provisions, layoff charges

Employee numbers were down about 1,500 from the previous quarter, about halfway to the bank's 3% reduction target

By Ian Bickis, The Canadian Press |November 28, 2023

3 min read

OSC warns fund managers over misleading yields OSC warns fund managers over misleading yields

Regulation

OSC warns fund managers over misleading yields

Regulator's compliance reviews find issues with performance reporting

By James Langton |November 28, 2023

2 min read

B.C. court rejects challenge to regulator’s summons Fallback Image Decorative pattern

Regulation

B.C. court rejects challenge to regulator’s summons

Duty of fairness to witnesses at investigative stage is minimal but it has been met in this case, court finds

By James Langton |November 27, 2023

2 min read

Banks set to report earnings strained by economic slowdown Banks set to report earnings strained by economic slowdown

Industry

Banks set to report earnings strained by economic slowdown

Banks are slowing the pace of new lending and setting aside more money for bad loans

By Ian Bickis, The Canadian Press |November 27, 2023

3 min read

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