News Releases

Latest white paper makes the case for incorporating alternatives in traditional 60/40 equity/bond portfolio split

- Millennials on average expect to spend $350,000 on their first home, with two thirds anticipating $35,000 of that amount via familial assistance for a 15 per cent down payment

- Many millennials rent their home rather than buying because of affordability, with one third unsure of whether they'll ever be able to buy a home

- Half are most concerned with being able to afford their monthly mortgage payments once they buy

Corporate cardholders will be able to use selfies and fingerprint scans to verify their identify when making online purchases

- The average amount Canadians have taken out of their RRSPs is $15,908

- The top reasons for making a withdrawal include to buy a home, pay off debt, and pay for living expenses

- Rather than withdrawing money from your RRSP, consider building a contingency fund in a TFSA or savings account for future needs

Financial Results Highlights:

First Quarter 2016 Compared with First Quarter 2015:

- Net income of $1,068 million, up 7%; adjusted net income(1) of $1,178 million, up 13%

- EPS(2) of $1.58, up 8%; adjusted EPS(1, 2) of $1.75, up 14%

- ROE of 10.9%, compared with 11.8%; adjusted ROE(1) of 12.1%, compared with 12.3%

- Provisions for credit losses of $183 million, compared with $163 million

- Basel III Common Equity Tier 1 Ratio of 10.1%

- Industry leaders from 28 countries and six continents to attend one of the largest metals and mining investor conferences in the world

- Company presentations accessible via Webcast

- Research analysts available for comment

- Fifty-nine per cent of Canadians miss or will miss employment income from their working life in retirement

- Sixty-seven per cent think that running out of money is the biggest challenge in retirement

- Fifty-five per cent have a positive outlook when thinking about their retirement years

Four new additions are structured to provide investors with access to key sectors and global markets