TD
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US lawsuit alleges 6 Canadian banks manipulated an interest rate benchmark
BMO, Bank of Nova Scotia, CIBC, National Bank of Canada, Royal Bank of Canada, TD named in the action.
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Deficit will be $5B higher than predicted: TD
Cumulative deficit is likely to be $16.5 billion higher than forecasted in the last budget over a five-year span.
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Alberta downturn worst for economic growth in decades
Will contract 6.5% over 2015 and 2016, widely exceeding the 2.7% retreat of previous downturns.
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‘Technical recession’ will be short lived: economists
TD forecasts third quarter growth in the 2% to 2.5% range.
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TD’s chief economist to join C.D. Howe Institute
Craig Alexander will become the think-tank’s vice-president for economic analysis in September.
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Economy shows strong growth in Q3: 3.5%
The latest numbers form Statistics Canada suggest the economy sprang back to life in Q3 with a 3.5% gain in GDP, but there is troubling news buried in the stats.
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Canada a victim of US ‘super committee’ pratfall: analysts
Canada’s economy and jobs performance could become a victim of US politics, analysts say.
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Manufacturing profits are up
Operating profits for Canadian corporations continued to grow in the first three months of this year, but at a slower pace than in recent quarters, as the economic recovery loses momentum.