PURCHASE OF CITI CARDS CANADA INC.'S MASTERCARD CREDIT CARD ASSETS BY CANADIAN IMPERIAL BANK OF COMMERCE IS COMPLETED

The purchase by Canadian Imperial Bank of Commerce from Citi Cards Canada Inc. of a substantial portion of the assets comprising Citi Cards' Canadian MasterCard credit card business was completed today.

Canadian Tire Sends Goods and Equipment to Atlantic Canada in Preparation for Hurricane Earl

Today, Canadian Tire sent trailers full of household goods and emergency supplies to meet demand in Eastern Canada as residents prepare for the arrival of Hurricane Earl.

Canadian major bank CIBC completes new acquisition of MasterCard portfolio

The Canadian Imperial Bank of Commerce (CIBC), one of the country's five major banks, announced on Wednesday that it has completed an acquisition of an approximately two billion Canadian dollars (1.92 billion U.S. dollars credit card portfolio from Citigroup's Canadian MasterCard business.

British Columbia's high-stakes bet on online gambling

Potentially giant jackpot fuelled by high hopes and credit cards could have huge and hidden costs as the number of problem gamblers grows

Recession won't lift until 2011

Just as the Coachella Valley economy was picking up steam, The Desert Sun's quarterly Economic Index of leading indicators shows it's hit a bump.