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Canadian covered bonds find harbour in troubled times

By Bill Thornhill 12.00 PM The Covid-19 pandemic caused severe disruption to financial markets in 2020-2021. During this difficult time, the Bank of Canada and the Office of the Superintendent of Financial Institutions took a number of actions to build resilience and improve the stability of the Canadian financial system. Federally regulated financial institutions were, among other things, permitted the privilege to pledge covered bonds with the central bank, which provided access to long-term repos and benefited from preferential regulatory treatment of loans subject to payment deferrals. Recent first quarter results have shown that the Canadian banks have so far managed the crisis admirably. However, the pandemic has left some key questions regarding their balance sheets.

Equitable Bank is one of the Top 50 Best WorkplacesTM in Canada for 2021

Equitable Bank is one of the Top 50 Best WorkplacesTM in Canada for 2021 News provided by Share this article Share this article TORONTO, April 14, 2021 /CNW/ - Equitable Bank has been recognized as one of the top 50 organizations on this year s Best Workplaces ™ in Canada List.   As Canada s Challenger Bank ™, Equitable Bank – along with its digital-only offering EQ Bank – push the boundaries of what smart banking looks like for Canadians. It is that same driving spirit to bring about real change that permeates through the workforce. At the core of Equitable s challenger ethos is an inclusive, welcoming, and pride-inducing workplace. From an employee-first focus on wellness to a strong sense of community, Equitable maintains an unwavering focus on engaging with employees, celebrating milestones, meaningfully recognizing diversity, and executing everything in an atmosphere of fairness.

Got $1,000? 3 Top TSX Stocks to Buy Right Now

Got $1,000? 3 Top TSX Stocks to Buy Right Now
fool.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.ca Daily Mail and Mail on Sunday newspapers.

Canada calling? Hong Kong residents shift billions abroad after clampdown

Canada calling? Hong Kong residents shift billions abroad after clampdown
swissinfo.ch - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swissinfo.ch Daily Mail and Mail on Sunday newspapers.

Canada calling? Hong Kong residents shift billions abroad after clampdown

Canada calling? Hong Kong residents shift billions abroad after clampdown
metro.us - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from metro.us Daily Mail and Mail on Sunday newspapers.

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