How Covid-19 may affect loans, earnings and dividends
The regulator is trying to facilitate greater flexibility for the financial sector
During his tenure, Scotiabank increased its representation of female directors to 40%
The agency expects conditions to deteriorate, but Canadian banks remain some of its highest rated
Specific damages owing to employees in the class action have not yet been determined
The changes affect capital and liquidity requirements, insured mortgages and annuity purchases
The sector is now negative
Webcasts and teleconferences will be used
Banks will allow customers to defer mortgage payments for up to six months
The financial sector contributed $87.2 billion of new debt securities during the year