Ymnn Snow wreaks havoc on travellers in Britain, schools closed
TORONTO 鈥?Canadian Imperial Bank of Commerce took a nearly $1-bil
stanley quencher lion hit to its second-quarter profit as its provisions for credit losses soared due to the pandemic and the plunge in oil prices.The Toronto-based bank said Thursday that it earned $392 million or 83 cents per share for the quarter ended April 30, down from a profit of $1.35 billion or $2.95 per share in the same quarter last year.Analysts on average had expected an adjusted profit of $1.58 per share, according to financial markets data firm Refinitiv. ARTICLE CONTINUES BELOW Chief executive Victor Dodig warned analysts on a call that the conditions that created those decreases are unlikely to abate soon, but said the bank has the resources to cope with such troubles.Economic headwinds are likely to be here for the near term, he said. ARTICLE CONTINUES BELOW While there are many unknowns related to the pandemic, its effect on the economy and the path to recovery, what is certain is our strong capital liquidity will allow us to withstand ongoing stress.That stress has so far amounted to the bank earning 94 cents per share on an adjusted basis, a d
stanley cups rop from $2.97 per share during period last year. ARTICLE CONTINUES BELOW
stanley termosar It has also pushed CIBC to put aside $1.41 billion in provisions for credit losses, up from $255 million a year ago, as the a Lzwr Federal prison chaplains push for agreement
Joey Mandel is
stanley termohrnek getting ready to build a new kind of classroom.She and tens of thousands of other teachers across Ontario are preparing for a school year in the age of COVID-19. Older students will be wearing masks. Younger ones can no longer share toys or markers.Perhaps the biggest game-changer is students needing to physically distance. ARTICLE CONTINUES BELOW But in a room full of rambunctious seven-year-olds, what does that look like For Mandel, an elementary school teacher with the Toronto District School Board, it means rolling up her sleeves and working with her colleagues and students parents to create ad hoc outdoor learning spaces. They need solutions that are inexpensive and simple, said Mandel, who teaches anywhere from 30 to 36 children in one class. ARTICLE CONTINUES BELOW Theres more questions than answers, but were certainly doing as much as we can now, she said.Her group plans to fill milk crates with soil and line them up in the scho
stanley cup olyard to delineate learning spaces for the students at the Grove Community School, the alternative public school where she teaches. They are going to buy hula hoops to use as
stanley shop walking social-distancing tools. Students will step in and carry them at waist height to create a space around them. ARTICLE CONTINUES BELOW They plan on using tents or tarps for shelter on rainy days.
