Banks of Canada

The higher the return, the more profitable the bank is, in the sense that it utilizes assets to make profits more efficiently. Return on assets can be calculated by dividing net profit after taxes by total assets. Return on equity, on the other hand, measures profitability by looking at how a bank generates profit with the equities invested by the shareholders. It can be derived by taking the ratio of net profit after taxes

CIBC as it is commonly called is the Canadian Imperial Bank of Commerce. It is one of the Big Five banks; a name given to the five largest banks that dominate the banking industry of Canada, it is the fifth largest bank and came into existence as a result of the merging of two chartered banks The Canadian Bank of Commerce (established 1867) and the Imperial Bank of Canada (established 1875) which happened on June 1,1961 and has its head quarter located at commerce court in the city of Toronto, Ontario

With Canada and the United States being neighbours, the common saying goes that “if the U.S. sneezes Canada will catch a cold”. When it came to the housing bubble both countries experienced marginally different outcomes. Canada was able to shield itself from the effects of the Financial Crisis due to its regulatory system, corporate governance and strong banking systems (Lynch, 2010). The Office of the Superintendent of Financial Institutions (OFSI) regulates the Canadian banks; the regulation

Bank Analysis Course Project: TD Bank and Royal Bank of Canada Management of Financial Institutions MAY11 Sec A Professor: Paul Tovbin June 19, 2011 Dalila Springer 973-223-1204 Introduction to Banks: TD Bank, (“TD”), is known as America's Most Convenient Bank. It is one of the 15 largest banks in the U.S., with approximately 23,000 employees and deep roots in the community dating back more than 150 years. The Bank offers a broad array of retail, small business and commercial banking

INTRODUCTION The Bank of Nova Scotia, commonly referred as “Scotiabank,” is one of the largest banks of Canada. It was founded in 1832 in Halifax by local merchants and citizens. They wanted a public bank, owned by shareholders and authorized by the government and that could provide currency for trade transactions. The bank operates in three business lines: personal banking, commercial banking, and wealth management.” Scotiabank trades on the Toronto Stock Exchange as “BNS”. It serves 23 million

Trade Agreements between Canada and Belgium Economic and Trade Relations Belgium is Canada’s 12th export destination with $873 million and is also the 19th country regarding imports with $776 million. Canadian exports to Belgium amounted to $2.3 billion in. The major entry point in trading goods between Canada and Europe is the Port of Antwerp. In 2013, Canada and the European Union (EU) reached a trade agreement. Prime Minister Stephen Harper announced that the trade agreement will boost

An inflation-control target range is 1% to 3%. The Bank of Canada targets to maintain inflation at 2% which is the midpoint of inflation-control target range. (Inflation, n.d.) In Canada, the inflation rate in December 2015 is 1.6%. It is the highest inflation rate in Canada since November 2004. Based on what we have learnt, inflation is an increase in the overall price level. In December 2015, the price level of imported goods and weak oil price increase due to the consequence of lower loonie. Besides

and the flexible exchange rate. The inflation-control target directs the decisions of the Bank regarding the proper setting of the policy interest rate that maintains a stable price environment throughout the medium term. Influencing Short-Term Interest Rates As to reach the inflation target, the banks have to make changes in the policy rate by raising or lowering it. If inflation is beyond target, the banks will have to increase the policy rate, this inspires institutions to increase interest rates

Crisis Management Potential site risk in Quebec Earthquake According to the Kovacs (2010) each year, around 4000 earthquakes are recorded in Canada. These earthquakes are mostly small but some earthquakes are large. A huge earthquake will strike some day everywhere in Canada. There is 5 to 15 percent probability that earthquake will strike in Southern Quebec including Montreal and Quebec City in the following fifty years. The western Quebec seismic zone includes Montreal. Even though the risk is

system, a sound currency is crucial. Canada, one of the strongest economies in OECD, has a healthy banking system and conservative monetary policies. Its currency is greatly approved and accepted by world financial institutions and investors. Even though Canadian Dollar has some weaknesses compared to large economies like U.S or E.U, its advantages are stronger and