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Bank has about $52 billion of variable-rate mortgages with monthly payments that aren't even covering interest Canadian Imperial Bank of Commerce chief executive Victor Dodig said the accommodations his bank is making for variable-rate mortgago...

In 2020, Jonathan Atwin and his partner jumped on the personal finance wagon, teaching themselves all about money and how to manage it better. “At the time, we were carrying some debt, so we wanted to try to tackle that,” said Atwin. It started with Tik...

The luxury retail sector may be battling with inflation risks, but one analyst says consumer savings and a younger clientele should contribute to its reliance. In an interview with BNN Bloomberg’s Amber Kanwar on Tuesday, Oliver Chen, senior research analy...

The stock market halted a four-day rally amid a selloff in banks. Treasuries climbed as data on job openings bolstered bets the Federal Reserve is about to wrap up its tightening campaign. A gauge of financial heavyweights like Wells Fargo & Co. and Citigr...

Hap Sneddon, founder and chief portfolio manager, CastleMoore Inc. FOCUS: Technical analysis  MARKET OUTLOOK: Markets are exhibiting some bottoming behaviour or “green shoots,” particularly in technology or growth securities, as the march of intere...

Generational wealth gap at root of contrasting experiences Millennials and immigrants are bearing the brunt of the Bank of Canada’s aggressive interest-rate hikes. But baby boomers who own their homes outright aren’t likely to be feeling the pi...

Investors are turning cautious on the TD's U.S. acquisition strategy TORONTO — Toronto-Dominion Bank should abandon or renegotiate its US$13.4-billion acquisition of U.S. lender First Horizon Corp. as the regional banking crisis has unearthed u...

Companies behind Sayona Quebec see a bright future for lithium, four years after original owner shuttered mine Get the latest from Gabriel Friedman straight to your inbox Sign Up Anyone looking for evidence of the green economy in Can...

Watch Desjardins' Marc Desormeaux on the state of the economies of Canada's provinces Desjardins economist Marc Desormeaux talks with Financial Post’s Larysa Harapyn about the looming recession and the state of the economies and budgets of Cana...

Worries about TD’s exposure to Canada's housing slowdown and ties to U.S. market Turns out, the biggest short in the banking industry anywhere in the world isn’t in Switzerland or Silicon Valley, but rather, in the relatively tame financial cen...