Announcements follow commitments made in 2020 to support the Black community
Untapped loan-loss provisions provide support alongside stable revenues
Robert-Falcon Ouellette and Roland Bailey will lead the program
The launch comes months after the Liberals first laid out the plan last September
A lack of detail and standards makes assessing banks' exposure to commercial real estate difficult
Damage from the Covid-19 crisis is likely not as bad as the financial crisis, a forecast suggests
Companies must show a year-over-year revenue drop of 50% or more over three months
Earnings face continued challenges in 2021, according to Fitch
Mortgages and car loans drove debt levels in Q3
Canada Revenue Agency confirmed a more flexible approach at the Canadian Tax Foundation conference