Scotiabank defends practices to verify incomes before granting mortgages

TORONTO—Scotiabank is defending its income verification practices in light of a report that says Canadian banks allow foreign borrowers to qualify for mortgages without having to...

Canadian minister heads on tour to save trade deal with European Union

WASHINGTON—Canada’s trade minister is flying to meetings in different countries over the coming week in an attempt to save a trade agreement with the European Union...

PHL GDP to grow above 8% with economic liberalization

MANILA – The country’s gross domestic product (GDP) growth can accelerate to above 8.0 percent with the easing of government regulations and restrictions in the economy,...

Five things to watch for in the Canadian business world in the coming week

TORONTO—Five things to watch this week in Canadian business: Auto Talks: Unifor, which represents some 23,000 workers at Ford, General Motors and Fiat Chrysler, will announce...

Effective employee engagement vital in ensuring workplace satisfaction

MANILA – Increase in salary and benefits, better prospects for promotion and career development, and effective management are some of the reasons that would make employees...

Professionals, business owners can boost retirement savings with IPPs

Looking for ways to enhance your retirement savings beyond a Registered Retirement Savings Plan (RRSP)? If you don’t already have a pension plan through your employer,...

Over 100 foreign firms to explore IT-BPM opportunities in PHL

MANILA – More than 100 foreign investors and clients from information technology and business process management (IT-BPM) industry will be visiting the Philippines next month to...

Five things to watch for in the Canadian business world in the coming week

TORONTO—Five things to watch this week in Canadian business: Take a break: Fretting about returning to work Monday? Relax. It’s a holiday for most Canadians, including...

Asian markets mixed; BoJ announces modest stimulus expansion

Canadian stocks notch highest close in over a year

TORONTO – Canada’s main stock market in Toronto registered its fourth straight weekly gains Friday and notched its highest close in more than a year as...