TD Bank fined $122M by US consumer regulator for pushy tactics selling overdraft service

This post was originally published on this siteBank will reimburse 1.4 million customers who were signed up for service they didn’t want or know about. Pete Evans · CBC News ·

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Barbados offers work visa program to encourage Canadians to work from home, from Barbados

This post was originally published on this siteIsland nation launches one-year working visa giving foreigners right to live, work in Barbados during pandemic. Pete Evans · CBC News

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Canada added almost 1 million jobs in June but still almost 2 million down from pre-COVID-19 level

This post was originally published on this siteCanada’s economy added almost one million jobs last month, as businesses reopened after COVID-19 shutdowns. Statistics Canada reported Friday

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Royal Bank and BMO profit cut in half as loan loss provisions spike by 500%

This post was originally published on this siteProfits at Royal Bank and Bank of Montreal were cut in half from last year in the fiscal second quarter, the banks reported Wednesday, as both said

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Canada’s inflation rate turned negative in April for first time since 2009

This post was originally published on this siteCanada’s inflation rate fell to an annualized –0.2 per cent in April, as the COVID-19 pandemic pushed down consumer prices to their

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Canada’s economy was slowing down even before COVID-19 hit, February GDP numbers suggest

This post was originally published on this siteCanada’s economy was slowing down even before the COVID-19 pandemic hit, new data from Statistics Canada suggests. The data agency says

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TSX shuts itself down via ‘technical halt’ as stock markets sell off

This post was originally published on this siteThe company that owns and operates the Toronto Stock Exchange says it has ordered a “technical halt” to all trading on Canada’s

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Why worries about the coronavirus are pushing mortgage rates down

This post was originally published on this siteEconomists are busy trying to calculate the potential economic toll of the coronavirus outbreak that’s currently making its way around the

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Air Canada to buy Transat for $13 a share

This post was originally published on this siteThe company that owns Air Transat has agreed to be taken over by Air Canada for $13 a share, following up on last month’s announcement they

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