Category : Search result: record bank fine


Toronto Bids for New International Defence Security Bank

Toronto, backed by Premier Doug Ford and Mayor Olivia Chow, officially launched its campaign on December 17, 2025, to become the headquarters for a new international Defence, Security and Resilience Bank. Learn about the city's strategic push.

Toronto vies for defence bank HQ, 3,500 jobs at stake

Toronto officially launched its bid to host the new Defence, Security and Resilience Bank, competing with four other Canadian cities for a project that could create up to 3,500 local jobs. Discover why Ontario's leaders are confident.

Financial Crime Auditors Visit Canada After Major Fine

Global financial crime auditors conducted a three-week review of Canadian banks and government agencies in November. This follows a record penalty for a major Canadian bank. Learn the details and implications.

Alberta Companies Fined for Workplace Injury

Two Alberta companies and a supervisor face significant fines following a serious injury at an oil and gas site. Read the full details of the court's decision and its implications for workplace safety.

B.C. man gets $50K fine, 10-year hunting ban

A British Columbia man faces severe penalties, including a $50,000 fine and a decade-long hunting prohibition, after being convicted of illegal wildlife hunting. Learn the details of the case and its implications for conservation.

New Downtown Calgary Food Bank Offers Grocery Store Experience

The Calgary Food Bank has launched a new downtown location modeled after a grocery store, allowing clients to choose their own food using a points system. The pilot project aims to address urban food insecurity with dignity and autonomy. Learn how this in

Calgary Food Bank Opens New Downtown Location

The Calgary Food Bank has officially launched a new downtown facility to provide more accessible food support to residents in need. Learn more about this vital community expansion.

Toronto company fined $1M for illegal building

A Toronto-based company has been ordered to pay a $1 million penalty by Ontario's construction regulator for constructing homes without the required permits. Learn the details of the enforcement action.

U.S. Waives $33M of Southwest Airlines Fine

The U.S. Department of Transportation has waived a significant portion of a Biden-era penalty against Southwest Airlines for 2022 holiday meltdown. Discover the details and implications.

EU fines X $140M for DSA breaches

The European Union has fined X 120 million euros for violating the Digital Services Act, citing deceptive blue checks and ad transparency failures. Read the full details.

CIBC Hikes Dividend After Q4 Earnings Beat

CIBC raises its quarterly dividend to $1.07 per share following a strong fourth quarter, with adjusted net income hitting $2.19 billion. Read the full analysis of the bank's performance.

Laurentian Bank sells $1.9B portfolio in strategic split

Laurentian Bank CEO Éric Provost details the strategic $1.9 billion asset sale to National Bank and Fairstone Bank, marking a significant shift for the Canadian financial institution. Learn the details and implications.

Food Bank Use at Alarming High in Canada

Food bank reliance in Canada has hit a critical level. Learn the key facts and discover concrete ways you can support your community during this urgent time of need.

Page 1 of 4