Cheap Oil Good For Canada And The World, Scotiabank CEO Says

Cheap Oil Good For Canada And The World, Scotiabank CEO Says

CP  08.28.2015
TORONTO — Concerns about the prolonged decline in the value of crude have left a dark cloud hanging over the banks, but the chief executive...
Canadian Stocks ‘In Severe Correction Territory'

Canadian Stocks ‘In Severe Correction Territory'

Daniel Tencer  08.20.2015
If your savings are tied up to any degree in Canadian stocks, you may want to take a look at your stock portfolio. Soon. Canada’s stock...
Commodity Prices Hit 8-Year Low

Commodity Prices Hit 8-Year Low

CP  02.23.2015
TORONTO — Scotiabank's monthly index of commodity prices has plunged to its lowest since January 2007. The bank says global economic...
Now We Find Out What The Oil Price Collapse Is Doing To Canada's Banks

Now We Find Out What The Oil Price Collapse Is Doing To Canada's Banks

CP  02.22.2015
TORONTO - Canada's top lenders are expected to report a decline in their investment banking profits when they release their first quarter...
Canadian Banks Made $31.7 Billion In Profit In The Past Year

Canadian Banks Made $31.7 Billion In Profit In The Past Year

CP  12. 5.2014
TORONTO - Canada's top banks saw their fourth-quarter profits edge higher this year, but they warned that a slew of headwinds — including...
Scotiabank's Profit Tanks

Scotiabank's Profit Tanks

CP  12. 5.2014
TORONTO - Scotiabank's fourth-quarter net income fell 14 per cent from last year to $1.438 billion as it recognized severance expenses...
Massive Cuts At Scotiabank

Massive Cuts At Scotiabank

CP  11. 4.2014
TORONTO - Widespread cost reductions at Scotiabank, which include plans to cut 1,500 jobs, could be a sign of changes to come in Canada's...
Banks Lose Supreme Court Of Canada Battle Over Credit Card Fees

Banks Lose Supreme Court Of Canada Battle Over Credit Card Fees

CP  09.19.2014
OTTAWA - Canada's top court has restored a Quebec trial judge's decision that penalizes several of the country's big banks for failing...
Scotia To Pay For Unpaid Overtime

Scotia To Pay For Unpaid Overtime

CP  07.24.2014
TORONTO - Scotiabank (TSX:BNS) has agreed to settle a class-action lawsuit seeking unpaid overtime with some of its retail branch bank...
Scotiabank Slaps $7,000 Mortgage Fee On Injured Afghan War Vet

Scotiabank Slaps $7,000 Mortgage Fee On Injured Afghan War Vet

CBC  06.24.2014
A decorated soldier who fought in Afghanistan is going public about how Scotiabank slapped him with a $7,000 fee for breaking his mortgage,...
This Is What Spiking Energy Costs Are Doing To Canadians

This Is What Spiking Energy Costs Are Doing To Canadians

Daniel Tencer  06. 9.2014
A report from Scotiabank confirms what most households already knew: Rising energy costs are eating into the rest of our spending. Economist...

Scotiabank Lights Up Mortgage Rate Market

CP  05.28.2014
TORONTO - Scotiabank (TSX:BNS) is the latest lender to create waves in the mortgage market after lowering its special fixed five-year rate...
B.C.-Based Photographers Nab Major Wins

B.C.-Based Photographers Nab Major Wins

04.30.2014
A photographer based in both British Columbia and California has won the prestigious 2014 Scotiabank Photography Award. Mark Ruwedel,...
Scotiabank: Canada's Long Housing Boom Is Coming To An End

Scotiabank: Canada's Long Housing Boom Is Coming To An End

Daniel Tencer  04.16.2014
Canada’s long housing boom is coming to an end, and because of the country’s growing reliance on real estate-related jobs, that will...
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