Canadian Imperial Bank of Commerce
Canadian Dollar Sees Sharp Appreciation, Bank of Canada Keeps Rate Unchanged
The US dollar and Canadian dollar currency pair, which is inversely related to the Canadian dollar, fell about 1.3% below opening levels on March 9.
How Canadian Imperial Bank Takes Advantage of Switching Costs
Canadian Imperial Bank of Commerce (CM CN) is the fifth largest bank in Canada and boasts 11 million clients.
Why Switching Costs Help Build Powerful Moats
Many successful companies build customer loyalty by offering high-quality products and/or services. Some also have the unique advantage of integrating their products….
Will Weak Employment Impact the Bank of Canada’s Stance?
Statistics Canada published the Canadian labor report on the same day as the US non-farm payroll release. The report suggested a fall of 700 jobs in June.
Canadian Retail Sales Soared and Inflation Ticked Up
For December, consumer inflation rose by 1.6%—compared to growth expectations of 1.7% on an annual basis. It rose by 1.4% in the previous month.
Should the Canadian Dollar Expect a Gloomy Future?
The Canadian dollar had the biggest slump of the major currencies in 2015 as it lost nearly 15% of its value against the major currencies like the US Dollar, hitting a 12-year low.