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The Canadian Imperial Bank of Commerce is adding gender affirmation coverage to its benefits program and enhancing existing offerings such as paid parental leave and fertility treatments. The gender affirmation benefit will cover specific gender transition surgeries and procedures not covered by provincial programs to an annual maximum of $10,000 and a lifetime maximum of $25,000, according to […]

  • By: Staff
  • May 12, 2022 June 1, 2022
  • 09:00
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All fully-vaccinated office-based employees with the City of Toronto are set to be back in the workplace, at least some of the time, starting on Jan. 4, 2022. In a press release, the city said, as of Nov. 30, each of its office buildings will be open to the maximum occupancy possible, based on physical […]

  • By: Staff
  • December 3, 2021 December 2, 2021
  • 09:00

The Bank of Canada sought Wednesday to temper economic excitement about a sharper-than-expected rebound from the depths of the coronavirus crisis, pointing to worrying trends that signal all is still not well. In a statement, the central bank’s governing council said the bounce-back activity in the third quarter looks to be faster than it anticipated […]

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Economists say there is no doubt that Canada is experiencing a recession, but the exact criteria determining one is underway can be fraught with confusion. Broadly speaking, a recession is a period of business contraction where economic activity declines. But what exactly constitutes a decline, and over what time period, is the subject of much […]

The Canadian economy suffered its worst three-month stretch on record in the second quarter as the economy came to a near halt in April before starting to recover in May and June. Statistics Canada said Friday real gross domestic product contracted at an annualized rate of 38.7 per cent for the quarter, the worst posting […]

Statistics Canada says first quarter GDP worst showing since 2009

Canada’s economy had its worst quarterly showing since 2009 through the first three months of 2020 owing to the novel coronavirus, Statistics Canada said Friday, warning an even steeper drop may be coming. Gross domestic product fell at an annualized rate of 8.2 per cent in the first quarter, including a 7.2-per-cent drop in March […]

Expand CPP: CIBC Chief

McCaughey surprises with comments about Canada's retirement challenges.

  • By: Staff
  • February 21, 2013 September 13, 2019
  • 12:50