S Finance
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National Bank to accelerate domestic growth with the acquisition of Canadian Western Bank
June 11, 2024 Not for distribution to U.S. news wire services or for dissemination in the United States Aligned with National Bank’s strategic plan to accelerate growth across all its business lines in Canada Provides customers an expanded product and service offering nationally, extensive banking centre network and common customer experience culture Maintains branch footprint […]
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Intact doubles down on its Municipal Climate Resiliency Grants program
TORONTO, June 10, 2024 – Intact Financial Corporation (TSX: IFC) announces the launch of its enhanced 2024 Municipal Climate Resiliency Grants program. Intact is doubling its investment by providing $2 million over two years to support practical solutions that help municipalities, registered charities, and Indigenous communities address extreme weather events including flooding and wildfire. “As […]
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Funding for New Safety Prevention Resources
June 05, 2024 An expanded IWK Health program will help keep more children safe from injury at home and on the road, with support from a provincial grant. “Supporting safety resources for parents and families will help keep infants and young children safe during their developing years,” said Brian Comer, Minister of Addictions and Mental […]
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B.C. introduces pay transparency reporting tool
June 5, 2024 VICTORIA – A new, online reporting tool has been created to support B.C. employers with an efficient way to prepare pay transparency reports. Pay transparency reports are a requirement under B.C.’s Pay Transparency Act, which passed into law May 11, 2023. The pay transparency reporting tool allows employers to upload unidentifiable data on […]
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Improvements to Income Assistance and new Income Assistance for Seniors and Persons with Disabilities program come into effect
June 4, 2024 The Government of the Northwest Territories (GNWT) is pleased to announce that improvements to the Income Assistance program and the new Income Assistance for Seniors and Persons with Disabilities program will come into effect July 1, 2024. As previously announced, improvements made to Income Assistance and the creation of the Income Assistance […]
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Bank of Canada reduces policy rate by 25 basis points
June 5, 2024 The Bank of Canada today reduced its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%. The Bank is continuing its policy of balance sheet normalization. The global economy grew by about 3% in the first quarter of 2024, broadly in line […]
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Moose Cree FN – OFNLP Funding
Moose Cree First Nation is accepting application submissions for OFNLP funding. Applications will be accepted between Saturday, June 1st, 2024 at 8:30 am and Friday, June 28th, 2024 at 12:00 pm. As per the Ontario First Nation Limited Partnership Agreement, the purpose of the funds are for capital and/or operating expenditures in respect of: Community […]
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Plus: Toronto’s lead over other Canadian cities widens in startup ecosystem rankings – Betakit
June 3, 2024 There’s disappointment from all sides of the industry about the lag to get the Real-Time Rail payments system running. That’s what audience members at the Payments Canada Summit heard Ron Morrow, an executive at the Bank of Canada responsible for payments oversight, say Thursday. FinTechs seeking access to RTR—once it’s live for […]
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CIBC receives Indigenous Reconciliation Award and Innovation Award from Canadian federal Labour Program for the second year in a row
TORONTO, June 3, 2024 – CIBC today announced it has received the Indigenous Reconciliation Award and the Innovation Award as part of the 2024 Employment Equity Achievement Awards (EEAA) organized by the Minister of Labour and Seniors for the second consecutive year. The EEAA program recognizes employers who demonstrate outstanding achievement in implementing employment equity […]
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CWB reports second quarter 2024 performance
Edmonton, May 31, 2024 – CWB Financial Group (TSX: CWB) (CWB) announced financial performance for the three and six months ended April 30, 2024, with quarterly common shareholders’ net income of $76 million and adjusted earnings per common share(1) (EPS) of $0.81 both up 9% from the prior year. Pre-tax, pre-provision income(1) increased by 15% […]
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