Category Archives: Baldo Minaudo

Canadian Western Bank Senior Debt Rating is A(low)

According to the Dominion Bond Rating Service (DBRS) based in Toronto, Canada, yesterday it has confirmed the Deposits & Senior Debt rating of Canadian Western Bank (CWB) at A (low) and its Subordinated Debt rating at BBB (high) with all … Continue reading

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CIBC Faces Class Action Suit Regarding Mortgage Prepayment Penalty

According to the Siskends LLP website, a class action was commenced in October 2011 against CIBC Mortgages Inc. regarding its practices for calculating prepayment penalties on mortgages entered into across Canada since 2005. The Statement of Claim alleges that CIBC … Continue reading

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Scotiabank Commodity Price Index Down in September for Second Consecutive

Scotiabank Commodity Price Index Declines for Second Consecutive Month in September WTI no longer a true benchmark for Alberta light synthetic crude oil. Copper prices rebound from an over-sold position in early October.  Inventories are modest in China.  TORONTO, Oct. 28, … Continue reading

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Scotiabank Toronto Waterfront Marathon Highlights

The Scotiabank has proudly announced highlights of the Scotiabank Toronto Waterfront Marathon in their press release dated October 16,2011. But, before you read it, here is an exclusive MetroActive bird’s eye video of the race as it passes by the … Continue reading

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Secrets to Small Business Success as Revealed by Entrepreneurs in RBC Poll

TORONTO, October 13, 2011 — Canadian entrepreneurs say the most important pieces of advice that they would give to other entrepreneurs to help them grow their businesses are: 1) develop an effective business plan (44 per cent); 2) manage your time … Continue reading

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Canadian Small Businesses Face Reality of Slower and Uneven Economic Growth

TORONTO, Oct. 13, 2011 /CNW/ – Canadian businesses of all sizes are likely to face challenging conditions in the months ahead, according to a report released today by Scotia Economics. Domestic prospects are being constrained by the much slower and uneven pace … Continue reading

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A Glass Of Milk Saves A Life

One day, a poor boy who was selling goods from door to door to pay his way through school, found he had only one thin dime left, and he was hungry. He decided he would ask for a meal at … Continue reading

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CIBC Loses Age Discrimination Lawsuit

On December 29, 2009 CBC (Canadian Broadcasting Corporation) wrote on their cbc.ca website about a 42-year-old banker at Canadian Imperial Bank of Commerce who won a lawsuit claiming his former employer discriminated against him because of his age when he … Continue reading

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Media Appearances

January 13th, 2011 – Elizabeth Cuckson Show (29 minute segment). Baldo is interviewed about his book ‘The Banker Who Saved His Soul’. Listen to the segmnt online.

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TransUnion To Pay $5,000 For Privacy Breach

A federal court judge has set a precedent by ordering TransUnion of Canada Inc. to pay $5,000 in damages to a Calgary man who was turned down by a bank after another man’s credit history was wrongly forwarded.  Federal Court … Continue reading

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