TSX:NA - Toronto Stock Exchange - CA6330671034 - Common Stock - Currency: CAD
National Bank of Canada’s chief executive officer called for a “complete overhaul” of the country’s economic and industrial policies just days before Canadians are set to vote in the federal election.
Canada-listed exchange-traded funds brought in a record C$13.6 billion ($9.5 billion) in March, beating the high set in December by 28%.
The trade war is set to plunge Canadian provinces into deeper deficits, revitalizing a sleepy corner of the credit market.
Royal Bank of Canada has followed Toronto-Dominion Bank and Bank of Montreal in leaving the banking industry’s largest climate-finance alliance.
With US tariffs looming and growing protectionism south of the border, National Bank of Canada’s Chief Executive Officer Laurent Ferreira is calling on the country to respond with its own nationalist reforms, including a “Buy Canada Act.”
The rally in Canadian bank equities is at risk from a potential trade war that would quickly cause a surge in unemployment and loan defaults, analysts at National Bank of Canada said.
Bank of Nova Scotia is the latest major bank to walk away from the industry’s biggest climate-finance alliance, following a mass exodus led by Wall Street.
Assets in Canadian exchange-traded funds surpassed C$500 billion ($346 billion) for the first time in 2024, a year that smashed records for inflows and new fund launches.
National Bank of Canada received the final government approval needed to proceed with its acquisition of Canadian Western Bank.
Mentions: CWB.CA
Canada’s largest banks all are poised to pay their employees more in variable compensation for 2024, with stock-market favorites Royal Bank of Canada, Canadian Imperial Bank of Commerce and National Bank of Canada increasing bonus pay the most.
National Bank of Canada is leaning into its domestic focus, with Chief Executive Officer Laurent Ferreira saying that “Canada’s our playground.”
Mentions: CWB.CA
National Bank of Canada won the first of three government approvals for its takeover of Canadian Western Bank after receiving clearance from the country’s antitrust regulator.
Mentions: CWB.CA