This big bank taps cannabis industry growth

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While some of Canada’s banks were initially reluctant to participate in cannabis company financing, this institution has actively helped to facilitate large industry deals. At the same time, a key U.S. acquisition lets the bank benefit from the strong U.S. economy. In… Read More

Good time to buy Canada’s big banks

The shares of Canada’s big five banks have moved down recently, mainly due to fears that a slowing economy and rising interest rates will cut demand for new loans. However, each of the five continue to lower their costs and expand outside of Canada. That… Read More

CIBC extends a key airport deal

CANADIAN IMPERIAL BANK OF COMMERCE $114 (Toronto symbol CM; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 442.4 million; Market cap: $50.4 billion; Price-to-sales ratio: 3.0; Dividend yield: 4.8%; TSINetwork Rating: Above Average; has extended its exclusive alliance with Toronto’s Pearson International Airport, which handles… Read More