Alberta BMO customer on the hook after almost $10K disappeared from her account
An Alberta woman says she has to repay almost $10,000 — plus interest — after her line of credit was drained and the money transferred out of her Bank of Montreal …
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BMO raises dividend, even as profits slump and loan loss provisions increase
BMO Financial Group raised its dividend as it reported its fourth-quarter profit fell compared with a year ago. The bank said Friday it will now pay a quarterly dividend of …
Bad loans piling up at big banks as TD, Royal and CIBC reveal quarterly numbers
Three of Canada’s biggest lenders posted quarterly earnings on Thursday, and as was the case at Scotiabank earlier in the week, they’re all putting a lot more money aside to …
Scotiabank profit falls as bank sets aside almost $1.3B to cover bad loans
The Bank of Nova Scotia said its profit slumped in the fourth quarter for a variety of reasons, but a major one was a more than doubling in the amount …
Israel-Gaza war: Muslim group takes credit for Thai hostages’ release after Hamas talks
A Thai Muslim group that spoke directly with Hamas said its efforts were key to ensuring that Thai hostages were among the first to be released in Gaza during a …
The new Canadian Mortgage Charter explained
In the Fall Economic Statement (FES), the Liberal government unveiled an initiative it calls the Canadian Mortgage Charter. According to the statement, the charter builds on “existing guidance and expectations” regarding how …
Toyota Hit With $60 Million Penalty For Scamming Buyers Into Pricy Product Bundles
Photo: Brandon Bell (Getty Images) Toyota’s in-house financing unit is being hit with $60 million in fines and restitution in an effort to settle charges from the Consumer Financial Protection …
Scathing ethics report concludes embattled U.S. lawmaker George Santos ‘cannot be trusted’
The U.S. House ethics committee in a scathing report Thursday said it has amassed “overwhelming evidence” of lawbreaking by Rep. George Santos of New York that has been sent to …
Data on 267,000 Sarnia patients going back 3 decades among cyberattack thefts at 5 Ontario hospitals
Patients’ information — including the reasons for their visits — going back three decades from Bluewater Health in Sarnia, Ont., and its predecessor hospitals is among the data confirmed stolen in the cyberattack on five southwestern Ontario …
Ivanka Trump denies involvement in father’s financial statements
Ivanka Trump testified Wednesday that she had no role in her father’s personal financial statements, echoing her adult brothers about documents central to the civil fraud trial that could reshape …