Cibc

Alamy

No More Room For Canadian Oil?

CALGARY - Two major banks are warning that increased pipeline capacity is badly needed to bring Canadian oil to market.In a report released Monday, TD Economics calls pipeline expansion a "national pr...
CP

CIBC Sees Massive Profit Spike

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 the same period last year.Diluted earnings per share in the qua...
Alamy

CIBC Abandoning Consumer Lending?

When reports began to emerge back in February that Canadian Imperial Bank of Commerce wanted to sell its FirstLine mortgage brokerage business, many analysts chalked it up to a desire by the bank to b...
Alamy

How Low Can They Go?

OTTAWA - New private sector forecasts see Canada's economy struggling to maintain momentum in the next two years, held back by weak job growth and vulnerable to both external and internal shocks.Under...