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TORONTO 鈥?Proposed class-action lawsuits have been filed against B
stanley mugs ank of Montreal and CIBC direct banking division Simplii Financial over recently disclosed cybersecurity breaches impacting up to 90,000 customers.Law firms Siskinds LLP and JSS Barristers say they have filed the proposed class actions against the two Canadian banks in the Ontario Superior Court of Justice, alleging the institutions failed to establish robust security measures to protect clients ;
stanley becher sensitive information.The data breaches have had far reaching implications on clients ; personal lives and financial affairs, the full extent of which has yet to be determined, said Sajjad Nematollahi, a lawyer with Siskin
stanley cup ds. ARTICLE CONTINUES BELOW Financial institutions like CIBC and BMO are entrusted with their clients ; most sensitive personal information, and are expected to have in place robust security measures to safeguard that information against unauthorized access, use or theft, he said in a statement.Canadian financial institutions are required and expected to continuously review their defence systems and use best industry practices to protect Canadians ; personal and financial information. ARTICLE CONTINUES BELOW A CIBC spokesman said Monday: While we will vigorously defend Simplii legal position at the appropriate time and in the appropriate ve Rpju Manulife Bank names new chief executive
TORONTO 鈥?Five things to watch for in the Canadian business world in the coming week:Metro resultsMetro Inc. is set to release Q1 results on Tuesday. The grocer and its competitors have struggled with supply chain issues and employee absenteeism due to COVID-19 protocols, with sporadic shortages of certain products being reported throughout the country. ARTICLE CONTINUES BELOW CN Rail earningsCanadian National Railway Co. is expected to release Q4 results on Tuesday. The Montreal-based company announced in December that former executive Jim Vena had removed himself from the running to become the company 82
stanley polska 17 new CEO. CN says it expects to announce a replacement for outgoing CEO Jean-Jacques Ruest in January. ARTICLE CONTINUES BELOW Interest rate decisionThe Bank of Canada is set to release its interest rate
stanley cup decision and monetary policy report on Wednesday. Economists increasingly expect the Bank of Canada to raise interest rates after Statistics Canada reported on Jan. 19 that the annual pace of inflation climbed in December to 4.8 per cent, a pace that hasn ;t been seen since September 1991. ARTICLE CONTINUES BELOW Rogers results ARTICLE CONTINUES BELOW
stanley kubek Rogers Communications Inc. is scheduled to release Q4 results on Thursday. The Toronto-based telecom giant announc
