scotiabank

Nearly 5.4 million Canadians are receiving emergency federal aid, with hundreds of thousands more claims waiting to be processed, the federal government said on Monday, April 13, 2020, providing another snapshot of the economic fallout from COVID-19.

First Nations leaders from Yukon are meeting with bankers in Toronto this week to try to persuade them not to invest in energy development on the range of a vital caribou herd.

Scotiabank’s announcement came on the same day the European Investment Bank said it would end its own fossil fuel financing by 2022.

The improved economy is expected to give the Trudeau government more fiscal room than anticipated in next week's pre-election budget — but a wobbly economic finish to 2018 means conditions could look much different as the October vote approaches.

Two of Canada's biggest banks warned on Monday, May 28, 2018, that "fraudsters" may have accessed certain personal and financial information of up to 90,000 customers.

Will Canada lead the world in the transition to a more sustainable financial system?

The head of the government's new development finance institution says he's determined to make it a player in the world's poorest countries where it can do the most good.

Canada's "big five" banks are the largest backers of Kinder Morgan's Trans Mountain pipeline project, according to the company's financial documents.

Canada’s big banks defended their business practices Monday before a parliamentary committee that’s been exploring allegations of questionable sales methods at major financial institutions.

Kinder Morgan's plan to raise money for its Trans Mountain expansion through an initial public offering could not come at a more awkward time.

The 2014 oil crash doesn't seem to have had much effect on research to shrink the environmental footprint of the oilsands, according to an industry alliance.

The review comes after CBC reported some employees from Canada's five biggest banks alleged that they felt pressured to upsell, trick and even lie to customers to meet unrealistic sales targets.

Barclays Capital calculated that Canada's Big Six banks — CIBC, Royal Bank, Scotiabank, TD Bank, BMO and National Bank — took $1.3 billion in energy industry loan loss provisions over five quarters.

When the project was proposed to potential shippers in 2013, TransCanada anticipated oil would start flowing in 2017. That's looking increasingly unlikely.