Canada's major banks RBC, CIBC and Toronto-Dominion Bank released their financial results on Thursday. Royal Bank of Canada has reported a fourth-quarter profit of 4.13-billion dollars up from 3.88-billion dollars a year earlier. Revenue totaled a bit more than 13-billion dollars in Q-4, up from 12.6-billion dollars in the same quarter last year. Meanwhile, the bank's provision for credit losses jumped to 720-million dollars, up from 381-million dollars a year earlier. CIBC has reported a 1.48-billion dollar profit for its fourth quarter ended October 31st.That's compared with a profit of ne

Canadian Security Intelligence Service employees who say the agency’s British Columbia office is a toxic workplace have faced a series of hurdles in speaking out, including a law against identifying themselves or colleagues. The Canadian Press has published an investigation into claims by the covert officers, including two who say they were sexually assaulted by the same senior colleague while on duty. A rookie surveillance officer with Canada’s spy agency and another officer decades her senior were tracking a person in British Columbia in the summer of 2019 when they lost sight of their

Statistics Canada says the economy shrank 1.1 per cent on an annualized basis in the third quarter. A decrease in international exports and slower inventory accumulation by businesses were partially offset by increases in government spending and housing investment. StatCan also revised up its reading for real gross domestic product in the second quarter. It says the economy didn't shrink, but instead grew by 1.4 per cent on an annualized basis.

Prime Minister Justin Trudeau says it's inappropriate to draw a link between government actions and the death of a British Columbia boy who killed himself last month after falling prey to online sextortion.NDP Leader Jagmeet Singh referred to the death of the 12-year-old in Prince George, B.C., during question period today as he asked Trudeau when the Liberal government will table long-promised legislation designed to mitigate online harms.Trudeau first promised to introduce legislation tackling hate speech, terrorist content and sexual abuse material in the 2019 federal election campaign.He m

Foreign Affairs Minister Mélanie Joly said little Wednesday about the unfolding murder-for-hire plot and its echoes of a similar investigation in Canada.When it comes to what’s happening in the U.S., I won’t comment directly because of course, I respect the work that the American law enforcement agencies are doing and I respect also the independence of their legal system," she said.We stand by our own credible allegations that there was the killing of a Canadian, on Canadian soil, linking to Indian agents."Public Safety Minister Dominic LeBlanc deflected a barrage of questions about the

American prosecutors say a man allegedly involved in a murder plot against a Sikh activist on U.S. soil also discussed the killing of Canadian Hardeep Singh Nijjar, just hours after Nijjar was gunned down outside a British Columbia temple.The murder-for-hire indictment against Nikhil Gupta, 52, says he told an undercover officer who he thought was a hit man that Nijjar "was also the target," and because he was dead, there was "no need to wait" on the next killing.The indictment says Gupta was recruited by an Indian government employee to orchestrate the killing of the activist, who isn't name

U.S. authorities announced murder-for-hire charges Wednesday against a man from India who they say plotted to pay an assassin $100,000 to kill a prominent Sikh separatist leader living in New York City after the man advocated for the establishment of a sovereign state for Sikhs. U.S. Attorney Damian Williams announced the charges against Nikhil Gupta, an Indian national who had lived in India, as an indictment was unsealed in Manhattan federal court. "As alleged, the defendant conspired from India to assassinate, right here in New York City, a U.S. citizen of Indian origin who has publicly ad

Chilly nights and snow-covered slopes may not be easy to come by in much of Canada during the first part of the winter season, according to the winter outlook from one of Canada's prominent forecasters. The Weather Network predicts El Niño conditions will lead to above-average temperatures and lower-than-normal precipitation levels in much of the country, particularly in Western and Central Canada. While that trend is expected to hold throughout the winter in British Columbia and the Prairie provinces, the network said areas further east may see more variable conditions as the season progres

The federal Liberal government has reached a deal with Google over the Online News Act, following threats from the digital giant that it would remove news from its search platform in Canada. A government official confirmed that news to The Canadian Press under condition of anonymity, because they were not authorized to speak publicly about the deal. source is reporting, that the agreement would see Canadian news continue to be shared on Google's platforms in return for the company making annual payments to news companies in the range of $100 million. A formula in the government's draft re