From Global News
The fallout from the mayor of Whistler’s request for an Alberta energy giant to pay for climate change expenses could now affect the resort municipality’s bottom line.
CIBC has confirmed it has removed the oil and gas …
Citing a wide array of data sources as well as 80’s pop songs, CIBC Managing Director and Chief Economist Avery Shenfeld made a strong case for a new normal of lower energy prices, slower economic growth, and lower interest rates …
Royal Bank of Canada, Toronto-Dominion Bank and Canadian Imperial Bank of Commerce all topped profit estimates despite their exposure to the embattled oil and gas sector. Gross impaired loans to the oil …
CALGARY, ALBERTA–(Marketwired – April 11, 2016) Enbridge Income Fund Holdings Inc. (the “Company”) (TSX:ENF) today announced that it has entered into an agreement with a syndicate of underwriters led by Scotiabank, BMO Capital Markets and CIBC Capital Markets for the …
Canada’s top banks have a combined exposure of C$107 billion (USD$80 billion) to the oil and gas industry, inclusive of untapped credit lines, reports Bloomberg.
Canadian Imperial …
The Canadian Imperial Bank of Commerce (CIBC) released its Oil View today, making some changes to its price forecasts from its previous release in August. CIBC’s new call on …
The future for natural gas liquefaction (LNG) is not as bright as many had hoped as demand in China begins to slow and an excess of LNG prepares …
CIBC’s Katherine Spector: “In the very short-term, while there may be a few more dollars of downside in the crude price, increasingly lopsided futures market positioning suggests that an end is probably near.”
The Canadian Imperial Bank of Commerce (CIBC) released its outlook on gas today, continuing to hold its bearish stance on the commodity’s future. The …
Already, another day has dawned bringing more volatility in oil prices. WTI is trading at about $55.25 following an early low of $53.60; and Brent, which had traded as low as $58.55 this morning, …
CIBC’s Katherine Spector Lays Out a Few Scenarios
Head of Commodities Strategy for CIBC World Markets, Katherine Spector, hosted a conference call for CIBC clients on Wednesday morning in advance of both the U.S. Thanksgiving Day holiday and tomorrow’s …
