For the sixth year in a row, the World Economic Forum has ranked Canadian banks the soundest in the world in a report released. The Canadian Bankers Association (CBA) welcomed this news as the fifth anniversary of the start of the global financial crisis approaches. "Having a strong and profitable banking system is the backbone … Read more
The Canadian Bankers Association said that increasingly violent bank robbers have been removed from the streets in Montreal and Vancouver, thanks to the outstanding work of this year's Canadian Banks' Law Enforcement Award (CBLEA) recipients. Senior constable Francois Clavel and constable Bryan Brown of the Montreal Police Service and Detective Constable Dean Wells of the … Read more
The Canadian Bankers Association (CBA) welcomed the decision by the Competition Tribunal dismissing the Application filed by the Commissioner of Competition and upholding the consumer-friendly rules of Visa and MasterCard. "We are very pleased that the Competition Tribunal has upheld the consumer-friendly rules of Visa and MasterCard. This decision means that Canadians can continue to … Read more
Canada's nine largest banks have increased the amount of credit available to businesses in Canada since the beginning of the global financial crisis, according to data released today by the Canadian Bankers Association (CBA). In a report titled "Banks Increasing Credit to Businesses in Canada," the CBA has compared data on credit authorized to businesses … Read more
The Canadian Bankers Association welcomed the tabling of the federal budget and the federal government’s continued commitment to strengthening our economy and maintaining Canada’s financial sector advantage internationally for the benefit of all Canadians. The CBA applauds the federal government for maintaining the corporate income tax cuts and said it is important that businesses small … Read more
In a luncheon address to the Toronto Board of Trade, newly-appointed President and CEO of the Canadian Bankers Association Terry Campbell highlighted the importance of maintaining Canada's strong banking system for the benefit of all Canadians, in light of increasing global and domestic financial regulation. The full release is available online. Call 416-362-6093 ext. 220.
The Canadian Bankers Association welcomed the federal budget's continued commitment to strengthening the economy, enabling Canadians to save for their future, and taking steps to improve financial literacy. The full release is available online. Call 416-362-6093 ext 220.
The Executive Council of the Canadian Bankers Association announced the appointment of Terry Campbell as President and Chief Executive Officer of the CBA, effective March 1, 2011. Mr. Campbell succeeds Nancy Hughes Anthony, who announced her retirement in September 2010 and has been in this role for nearly four years. Call 416-362-6093, ext. 220.
The association has filed a factum with the Supreme Court of Canada supporting the federal government's move to create a national securities regulator through the Canadian Securities Act. Call 416-362-6093, ext. 220.
As Canada moves to new International Financial Reporting Standards (IFRS) in 2011, there will be a number of changes to how banks and other publicly-traded companies report their quarterly and annual financial results. It is important that analysts and investors understand the changes and, to help them do so, the Canadian Bankers Association (CBA) hosted … Read more
