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CIBC reports profits up as potential loan losses down, raises dividend

CIBC reports profits up as potential loan losses down, raises dividend

TORONTO — Canadian Imperial Bank of Commerce raised its quarterly dividend as it reported a rise in revenue and earnings while its provisions for potentially bad loans dropped.
BMO posts big miss on earnings expectations as bad loans weigh

BMO posts big miss on earnings expectations as bad loans weigh

TORONTO — BMO Financial Group boosted its provisions for potential bad loans in the fourth quarter, but the bank said Thursday it expects loan performance to improve next year. The bank reported a fourth-quarter profit of $2.
Man killed, another injured in Brampton, Ont., shooting

Man killed, another injured in Brampton, Ont., shooting

Police say they are investigating a shooting outside a home in Brampton, Ont., that left one man dead and another injured. Peel Regional Police received reports of a shooting in the area of Odeon Street and Concorde Drive just after 11:30 p.m.
Former cabinet minister Randy Boissonnault tells committee: 'I am not Indigenous'

Former cabinet minister Randy Boissonnault tells committee: 'I am not Indigenous'

OTTAWA — Randy Boissonnault, whose shifting claims to Indigenous identity cost him his job as employment minister, told a House of Commons committee today that he is not Indigenous.
Former Japan youth international Aoi Kizaki becomes fifth player on AFC Toronto squad

Former Japan youth international Aoi Kizaki becomes fifth player on AFC Toronto squad

TORONTO — Former Japan youth international Aoi Kizaki is the latest soccer talent to join AFC Toronto of the new Northern Super League.
Statistics Canada reports merchandise trade deficit narrowed in October

Statistics Canada reports merchandise trade deficit narrowed in October

OTTAWA — Statistics Canada says the country's merchandise trade deficit narrowed to $924 million in October as exports rose for the first time since June. The agency said Thursday the result compared with a deficit of $1.3 billion in September.
Trudeau, ministers and opposition leaders address AFN gathering in Ottawa

Trudeau, ministers and opposition leaders address AFN gathering in Ottawa

OTTAWA — Prime Minister Justin Trudeau fell short of committing to a national inquiry on systemic racism in policing this morning even as he acknowledged the pain of First Nations mothers who have had to bury their children following an interaction w
Toronto Tempo revealed as handle for new WNBA team as leak accelerates unveiling

Toronto Tempo revealed as handle for new WNBA team as leak accelerates unveiling

TORONTO — Canada's new WNBA franchise will be called the Toronto Tempo, a handle officially unveiled with some haste Thursday morning after it was leaked the previous day.
Ticats name longtime Bombers executive Ted Goveia as general manager

Ticats name longtime Bombers executive Ted Goveia as general manager

HAMILTON — The Hamilton Tiger-Cats have named Ted Goveia as general manager, the CFL club announced Thursday.
Tariffs on Chinese EVs, aluminum and steel to raise federal revenues by $473M: PBO

Tariffs on Chinese EVs, aluminum and steel to raise federal revenues by $473M: PBO

OTTAWA — The parliamentary budget officer estimates Canada's tariffs on Chinese electric vehicles, aluminum and steel will increase federal revenues by $473 million over five years.