Personal borrowing surges but credit cards slow
Businesses that pay back their loans by the end of the year are eligible to have up to one-third of their loans forgiven
OSC, AMF consult on new Term CORRA to help ease demise of CDOR
Credit ratings, outlooks under pressure as challenges mount for U.S. commercial property sector
Companies paying down debt also reduce their deposits and outstanding loans, according to CIBC
Deposits appear to have stabilized but profits face pressure from tighter financial conditions
Latest Federal Reserve data show small banks' deposits stabilizing
Rate to rise for the fourth consecutive quarter
In another measure aimed at vulnerable Canadians, the CRA will pilot automatic tax filing in 2024
The increase represents the fourth consecutive quarter that the rate has climbed