BMO and CIBC-owned Simplii were apparently targeted.
BMO, Bank of Nova Scotia, CIBC, National Bank of Canada, Royal Bank of Canada, TD named in the action.
This step prepares the way to establishing a panel for litigating the dispute.
Would reduce Canada’s share of the US market to 28% over several years from its 31.9% share last year.
Scotiabank, RBC say their decision to cancel existing relationships with marijuana-related business are the result of risk management procedures.
Poll reveals scant improvement in new orders compared to last year; energy slump blamed.
Looming bequests to impact economy, housing market and exacerbate wealth inequality.
Low loonie to stimulate investment in machinery and equipment spending.
Decision comes as the federal government claims its budget will include big-ticket spending to give the economy a boost.
41% investing for retirement will invest mainly outside Canada, 15% in emerging markets.
Nervousness over market volatility keeping Canadians from taking the investment plunge.
Lower interest rates for variable rate mortgages, lines of credit and other loans could boost consumer spending.
Lower oil prices will continue to drag on performance.
Alberta, hard hit by trouble in the oilpatch, is now the least positive region in the country.
Victor Dodig believes eventual growth will be driven by tech-savvy entrepreneurs for all sectors of the economy.