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Canada Needs New Friends: CIBC

CIBC Sends Letter To Man To Inform Him He's Dead

Toronto’s Economy At Risk: CIBC


CIBC To Pay Up In Lehman Bankruptcy Case

CIBC To Pay Up In Lehman Bankruptcy Case

The Canadian Press  12.31.2012
TORONTO - CIBC (TSX:CM) has agreed to pay US$149.5 million to settle a claim with the Lehman Estate, which was set up after the collapse...
2013 Will Be A 'Mediocre' Year For Growth: CIBC

2013 Will Be A 'Mediocre' Year For Growth: CIBC

Hugh McKenna, The Canadian Press  12.19.2012
TORONTO - CIBC is predicting "very mediocre" growth for Canada next year, citing a weak world economy and an absence of key economic drivers...
No More Room For Canadian Oil?

No More Room For Canadian Oil?

Lauren Krugel, The Canadian Press  12.17.2012
CALGARY - Two major banks are warning that increased pipeline capacity is badly needed to bring Canadian oil to market.In a report released...
LOOK: Canadian Bank Bonuses Soar

LOOK: Canadian Bank Bonuses Soar

12.11.2012
Banks around the world are slashing bonuses and laying off staff this year, but not so in Canada, where profits at many of the largest...
Another Rip-Roaring Earnings Report From A Canadian Bank

Another Rip-Roaring Earnings Report From A Canadian Bank

The Canadian Press  12. 6.2012
TORONTO - CIBC (TSX:CM) earned $852 million in the fourth quarter, an increase of nearly $100 million from the same time last year that...
Our Housing Crash Won’t Be Like America’s: CIBC

Our Housing Crash Won’t Be Like America’s: CIBC

10.30.2012
TORONTO - The news out of Canada's real estate market isn't good, but the country will avoid a U.S.-style real estate meltdown, CIBC said...
Canadian Banks Headed For Downgrade?

Canadian Banks Headed For Downgrade?

Craig Wong, The Canadian Press  10.26.2012
Concerns about consumer debt and home prices in Canada prompted Moody's Investors Service to place the long-term ratings of six Canadian...

What Canadian Banks' Huge Profits Can Buy You In The Real World

Daniel Tencer  08.30.2012
Boy did the analysts get it wrong this time. After predictions rolled in that Canada’s Big Five banks would see their earnings come...
CIBC Sees Massive Profit Spike

CIBC Sees Massive Profit Spike

The Canadian Press  08.30.2012
TORONTO - CIBC (TSX:CM) says its net income in the quarter ending July 31 was $841 million, compared with net income of $591 million for...
Canadians Are Missing Out On This Tax Break

Canadians Are Missing Out On This Tax Break

The Canadian Press  08.27.2012
TORONTO - Nearly half of Canadians are ready to put money away with their Tax-Free Savings Accounts, but a new survey finds that doesn't...
Will Demographics Rescue Canada From Housing Armageddon?

Will Demographics Rescue Canada From Housing Armageddon?

LuAnn LaSalle, The Canadian Press  08.23.2012
A downturn in the housing market may not be as bad as feared because the important 25-34 age group will continue to buy houses — some...
CIBC Abandoning Consumer Lending?

CIBC Abandoning Consumer Lending?

08.23.2012
When reports began to emerge back in February that Canadian Imperial Bank of Commerce wanted to sell its FirstLine mortgage brokerage business,...
Nearly Half Of Canadians Have No Emergency Funds: Survey

Nearly Half Of Canadians Have No Emergency Funds: Survey

The Canadian Press  08.13.2012
TORONTO - A new poll for one of Canada's big banks says 45 per cent of those surveyed said they had no fund set up to deal with emergency...

CIBC Calls For MORE Stimulus From Ottawa

Julian Beltrame, The Canadian Press  07.30.2012
OTTAWA - The economic clouds gathering beyond Canada's borders are so ominous that at least two bank economists recommend Canadian governments,...
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