calculated using guidelines provided by OFSI for capital adequacy rules including Basel II. OFSI will determine risk-adjusted capital, Risk Weighted Assets, and off-balance sheet exposures through the measurement of capital adequacy amongst the Canadian banks. There are two primary ratios used by OFSI to measure capital adequacy: Tier 1 capital ratio and Total capital ratio (refer to Appendix 2). * The Tier 1 capital ratio is defined as Tier 1 regulatory capital divided by RWA. OSFI has established
belief that they are acting in the company’s best interest, which means that directors will not necessarily comply with their duty merely because they have an honest belief that they are acting in the company’s best interest.For example, in case Advance Bank v
sales in Toronto hiked in august as listings declined In august 9813 properties were sold , up 23.5 per cent from same month last year. Active listings sinked to 9,949 in August , down 37.8 per cent from a year earlier Industry experts are concerned the 15-per-cent tax on foreign buyers in Vancouver could have an effect on Toronto, but say it's too soon to assume any consequences According to Bank of Montreal chief economist Douglas Porter foreign investment has a part in the hot Toronto housing
sales in toronto hiked in august as listings declined In august 9813 properties were sold , up 23.5 per cent from same month last year. Active listings sinked to 9,949 in August , down 37.8 per cent from a year earlier Industry experts are concerned the 15-per-cent tax on foreign buyers in vancouver could have an effect on toronto but say it's too soon to assume any consequences According to Bank of Montreal chief economist Douglas Porter foreign investment has a part in the hot Toronto housing
significant implications for Canadian Imperial Bank of Commerce and Toronto-Dominion Bank, which offer co-branded Aeroplan credit cards. “A big question most investors will have is if this announcement implies gradual erosion of a significant cards portfolio for each bank over the next three years,” said Gabriel Dechaine, a stock analyst with National Bank Financial, predicting Air Canada’s move will touch off a new round of competition among the banks for credit card customers. With Air Canada launching
combine with work experience and certification with a specific field of financial improves job prospect. The wages for personal investment is 34.07$/ hour in Toronto. According the data of Service Canada, the lowest hourly wage is 21.63$ and the highest is 56.83$ per hour. It is high in Toronto because the lowest hourly wage is 11.65 in Toronto. Compared with others industry. Financial sector is better in wage aspect. According to the career profiles website, “a survey discovered that directors of
with fierce federal elections taking place and numerous disasters, such as the Toronto Explosions making a great deal of destruction. However, an event that left lasting effects was the 2008 global economic crisis, which due to its influence on the U.S and China, significantly impacted Canada’s economy and society. Although the crisis had a very negative effect on Canada, it also allowed the government, businesses, banks and citizens to learn from the struggles of the recession and allow Canada to
The two stocks which dropped in price are Dollar General and Public Storage. For Dollar General the reason could be competitive retail environment contributing to slow down of growth. This doesn’t seem to be permanent, as per the Investor Place contributor Dana Blankenhorn “Dollar General’s stock was a bargain as a result of its double-digit decline in price. He makes some compelling arguments why, including the fact DG is more of a department store than a dollar store serving rural communities
The Royal Bank of Canada (RBC) is the largest bank in Canada based on market capitalization. The bank was founded in Halifax, Nova Scotia in 1864 with the name, Merchants’ Bank of Halifax. Throughout the years, it has expanded globally through their offices in Canada, the U.S. and 49 other countries around the world. Royal Bank entered the 1990’s financially stable regardless of the severe economic challenges of the 1980’s. This allowed them to make strategic acquisitions of companies which paved
channels that allow the vessels to travel from Atlantic Ocean to the Great Lakes. Answer 9) TransCanada Pipeline is the longest pipeline in Canada and carries natural gas through Alberta, Manitoba, Ontario and Quebec. The pipeline was extented to Toronto on October 27, 1959. Answer 10) Trans Canada Highway is the federal-provinical highway system and the only highway network that travels through all the ten provinces of Canada between its Pacific Ocean in the west and Atlantic Ocean coasts in the