Tag: Canadian banks

Over One-Third of Canadians Say They Don’t Have Over 2 Months of Emergency Savings: Poll

March 13, 2023
CanadaCanadian bankscanadian moneycanadian retirementeconomysavingsWorld
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Many Canadians do not have over two months in savings to manage an emergency, according to a new Maru public opinion poll. Sixty-two percent of Canadians, down from 65 percent last month, believe they have money in reserve for unexpected costs or needs, according to the March 7 Canadian Maru Household Index (MHOI). The last…

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One-Third of Canadians Say They Have Less Than 2 Months of Emergency Savings: Poll

March 13, 2023
CanadaCanadian bankscanadian moneycanadian retirementeconomysavingsWorld
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Many Canadians have just two months or less in savings to manage an emergency, according to a new Maru public opinion poll. Sixty-two percent of Canadians, down from 65 percent last month, believe they have money in reserve for unexpected costs or needs, according to the March 7 Canadian Maru Household Index (MHOI). The last…

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Top Canadian Banks Have Increased Financing for Oil Sands Production

April 11, 2022
Business & EconomyCanadaCanadian banksCanadian oilcommoditiesCompanieseconomic policiesEnvironmentInvestmentMarketsSciencetar sandsWorld
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The five largest Canadian banks have doubled their funding for oil sands production and related projects in Canada to $16.8 billion last year, amid a global energy shortage, according a April 11 report by the Financial Times. This is despite the five leading Canadian banks’ agreement last year to join the U.N.’s Net-Zero Banking Alliance, led…

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